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  • 10/11/2017

    November 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 November 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 - November 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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  • 10/06/2017

    GSP Preferential Trade Program Expires Dec. 31, 2017

    Dear Valued Customer,   The Generalized System of Preferences (GSP) is a U.S. trade program designed to promote economic development by eliminating duties on thousands of products when imported from one of 120 designated beneficiary countries and territories.   Since December of 2010, the GSP program has expired twice, with congressional renewal taking months to obtain in both situations. During those expired time frames, importers normally benefiting from duty-free GSP transactions were required to pay full duties on all subsequent transactions. (Note: Both renewals also carried retroactive refunds of those duties paid, but that refund condition is NOT automatic, also requiring congressional approval.)   Potentially affected importers should plan for the next GSP expiration on December 31, 2017. For US-based importers, part of that "plan" should include contacting their congressional representatives to ensure those representatives are aware of the importance of the GSP benefits to the importer; and to inquire about the potential for GSP renewal prior to expiration.   OEC will continue to monitor this situation and provide updates as it develops. 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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  • 09/19/2017

    Golden Week National Holiday

        Dear Valued Customer,   Please note that, most OEC Group offices in China will be closed from Saturday, October 1 through Saturday, October 7 in observance of the Golden Week holiday.    Kindly coordinate with your vendors to plan and book shipments in advance to avoid possible delays to cargo as result of factory/office closures, blank sailings, as well as limited port and customs operations.   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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  • 09/11/2017

    Hurricane Irma Update

      September 8, 2017   Hurricane Irma Update   Dear Valued Customer,   As Hurricane Irma is forecast to make landfall as a Category 4 storm in Florida over this weekend, we would like to provide you with the following update.   All terminals are closed at the Port of Miami and Port Everglades. Additional South-East ports may be affected with the possibility of the storm hitting Georgia as well as the Carolinas early next week. Delays to all cargo operations in the affected region are to be expected until further notice.   Due to the passage of Hurricane Irma, OEC Group's Miami office is closed until further notice. We will continue to closely monitor the new developments and provide you with the most updated information.   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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  • 09/06/2017

    October 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 October 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 - October 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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