GENERAL RATE INCREASES

Roadrunner announces first general rate increase since 2021

Less-than-truckload carrier Roadrunner announced Monday a blanket rate hike for the first time since 2021. A 6.9% general rate increase across multiple tariff codes will go into effect Wednesday.

The Downers Grove, Illinois-based company said the GRI will impact select lanes across its direct metro-to-metro long-haul network. The headline percentage increase is the expected average change to base rates and will affect customers differently depending on shipment distances.

Roadrunner (OTC: RRTS)...

https://www.freightwaves.com/news/roadrunner-announces-first-general-rate-increase-since-2021

Saia’s 7.5% GRI latest in string of 2022 LTL rate hikes

LTL pricing continues to step higher

Less-than-truckload carrier Saia Inc. announced Tuesday a 7.5% general rate increase (GRI), which will apply to general tariff codes. A press release noted that select accessorial and minimum charges will be impacted as well. The changes went into effect Monday.

Carriers typically use GRIs to adjust base rates on an annual basis. The increases vary by lane and weight class. The announced percentage increase is the expected average change the GRIs will have. The increases are used to offset cost...

https://www.freightwaves.com/news/saias-75-gri-latest-in-string-of-2022-ltl-rate-hikes

2022 rate increases arrive early; Forward Air leads pack at 7.9%

Forward Air says 7.9% GRI needed to offset higher costs and improve service

Forward Air announced Wednesday a 7.9% general rate increase (GRI) for rates based on tariffs. The company said some accessorial and minimum charges will be raised as well. The changes take effect Feb. 1.

Forward (NASDAQ: FWRD) implemented a 6% GRI last February with most other less-than-truckload providers installing 5.9% increases around the same time. The asset-light trucking and logistics provider also announced that capacity surcharges will extend beyond the end of 2021, through June 30,...

https://www.freightwaves.com/news/2022-rate-increases-arrive-early-forward-air-leads-pack-at-79

Shippers Bracing Themselves for Freight Rate Hikes and PSS

Shippers are bracing themselves for a fresh onslaught of freight rate hikes and peak season surcharges (PSS) from April, as ocean carriers reinforce their supply chain dominance across tradelanes, reports the loadstar.

Low-Revenue Backhaul

Carriers have begun to focus on the traditionally low-revenue backhaul routes in order to restore rates to levels that will incentivise them to make equipment available for cargo shipments, rather than using the default option of deadheading empty containers...

https://mfame.guru/shippers-bracing-themselves-for-freight-rate-hikes-and-pss/

Evergreen applies GRIs

Evergreen applies the following General Rate Increases:

From Philippines to Canada
Effective from: 1 January 2019

1. For cargo delivered to VANCOUVER, BC & PRINCE RUPERT, BC:
USD 320/20′ container
USD 400/40′ container
USD 400/40′ high cube container and reefer container
USD 450/45′ high cube container

2. For cargo delivered to inland via VANCOUVER, BC & PRINCE RUPERT, BC:
USD 270/20′ container
USD 300/40′ container
USD 300/40′ high cube container and reefer

3. For cargo delivered to/via HALIFAX,...

http://container-news.com/evergreen-applies-gris/