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Happy Chinese New Year! May the year of Rooster bring you prosperity, good luck and good fortune! GONG XI FAT CAI

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11/13/2017

December 1, 2017 General Rate Increase (GRI)

Dear Valued Customer,    The vessel operating carriers of the Transpacific Stabilization Agreement (TSA) have filed for a General Rate Increase (GRI) to be effective December 1, 2017 on all cargo imported from Asia ports of loading, to U.S.A., Canada, and Mexico ports / ramps of discharge.     The proposed increases are as follows:   General Rate Increase - December 1, 2017 USD         900 / 20' USD       1000 / 40' USD       1125 / 40'HQ USD       1266 / 45' USD          18 / LCL      As it is not possible to predict the future market based on the current trade conditions, OEC Group will continue to monitor the situation as it develops.   Should you have any questions regarding this update, please contact your Sales or Customer Service representative.   Sincerely yours,    OEC Group    The information contained herein is provided as a public service with the understanding that OEC Group makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, and suitability of the information. Nor does OEC Group warrant that the use of this information is free of any claims of copyright infringement. http://www.oecgroup.com

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10/19/2017

Air Shipments affected by The National Congress of the Communist Party of China

Dear Valued Customer,   From October 16 to October 24, 2017, any airfreight cargo from or via Beijing Capital International Airport (PEK) and that needs to be stored for 24 hours in the security area will not be accepted, as an enhanced security measure for the 19th  National Congress of the Communist Party of China.   Shipments that are typically required to be held for 24 hours security check are as follows:   A package's width over 155cm or height over 180cm, or weight over 1,500kg per package since they cannot be screened by an X-ray machine at the terminal(s).   Please be aware that all airfreight shipments that fit these criteria will be affected and delayed if they are departing from or being transferred via Beijing during this time.   Should you have any questions regarding this update, please contact your Sales or Customer Service representative at OEC Group.   Sincerely yours,    OEC Group    The information contained herein is provided as a public service with the understanding that OEC Group makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, and suitability of the information. Nor does OEC Group warrant that the use of this information is free of any claims of copyright infringement. http://www.oecgroup.com

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