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What Are General Rate Increases in Shipping & What Should Enterprises Know?

Intelligent Audit

In modern freight transportation services, GRI stands for General Rate Increase. As a shipper, it’s impossible to avoid rate increases at times, and while freight invoice audits help to catch errors, not knowing the facts behind GRIs will only open the doors to risk. FedEx Freight shipping rates will increase by an average of 4.9%

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IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Under this regime, the primary responsible party in the freight market will be the vessel owner or operator. million metric tons annually. will also need to update freight tariffs accordingly. Virgin Islands, the shipowners and operators incurred a penalty.