General Rate Increase (GRI) in Shipping (2024)

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June 14, 2024
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Key takeaways

  • General Rate Increase (GRI) is a crucial pricing adjustment in the freight industry, influenced by factors like fuel costs, shipping capacity, operational costs, and regulatory changes.
  • Freight forwarders can manage GRIs through strategic negotiation, relationship building, diversification strategies, advanced planning, and staying informed about market trends.
  •  Freightify simplifies rate procurement for freight forwarders by providing access to live rates from multiple carriers and developing tools to manage surcharges like GRI, streamlining the rate management process.
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