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Happy Chinese New Year. May peace, health and prosperity be yours. Not only now, but also throughout the New Year of Dog! GONG XI FAT CAI

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08/20/2018

Tropical Storm Rumbia Hits Central China

Dear Valued Customer,    Central China has been experiencing severe weather conditions over the past week. As of Friday morning, Tropical Storm Rumbia, has made landfall south of Shanghai. Floods and heavy winds are predicted to continue into early next week. As a result of continuous storms in the region, terminals in Shanghai and other Central China ports have been affected by backlogs of cargo and vessel delays between 3-5 days.     For more detailed information please refer to the following; https://www.accuweather.com/en/weather-news/tropical-storm-rumbia-to-bring-flood-threat-to-eastern-china-ryukyu-islands/70005796   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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08/14/2018

September 1, 2018 General Rate Increase (GRI)

  Dear Valued Customer,    Effective September 1, 2018 General Rate Increase (GRI) has been filed for 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 - September 1, 2018 USD         900 / 20' USD       1000 / 40' USD       1125 / 40' HQ USD       1125 / 40' Reefer USD       1266 / 45' USD       1600 / 53'   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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