Dear Valued Customer, Effective January 1, 2019 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 - January 1, 2019 USD 900 / 20' USD 1,000 / 40' USD 1,125 / 40' HQ USD 1,125 / 40' Reefer USD 1,266 / 45' USD 1,600 / 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
Ongoing confusion around the postponement start date concluded when the White House confirmed it is December 1, 2018. Dear Valued Customer, Stemming from negotiations between U.S. President Donald Trump and China President Xi Jinping at the annual G20 Summit in Argentina, the tariff increase from 10% to 25% on List 3 products has been postponed 90 days from December 1, 2018. As a result, List 3 tariffs will remain at a 10% rate during the 90 day recess beginning December 1, 2018 through March 1, 2019. If an agreement is not reached during this time, duty will ultimately increase to 25%. OEC Group is committed to keeping our customers informed on current market conditions and will continue to monitor the situation as it develops. Should you have any questions regarding this update, please contact your OEC Group Sales 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
Dear Valued Customer, Stemming from negotiations between U.S. President Donald Trump and China President Xi Jinping at the annual G20 Summit in Argentina, the tariff increase from 10% to 25% on List 3 products has been postponed 90 days from the original January 1st effective date. As a result, List 3 tariffs will remain at a 10% rate during the 90 day recess beginning January 1st. If an agreement is not reached during this time, duty will ultimately increase to 25%. OEC Group is committed to keeping our customers informed on current market conditions and will continue to monitor the situation as it develops. Should you have any questions regarding this update, please contact your OEC Group Sales 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
Dear Valued Customer, OEC Group Chicago office will be relocating this Friday, November 9, 2018. The office will close at noon and will resume regular office hours on Monday, November 12. Please note that all address and phone numbers will remain the same. 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
Dear Valued Customer, Effective December 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 - December 1, 2018 USD 900 / 20' USD 1,000 / 40' USD 1,125 / 40' HQ USD 1,125 / 40' Reefer USD 1,266 / 45' USD 1,600 / 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
