Ocean Freight Costs Explaining GRI and PSS Surcharges

Ocean Freight Costs Explaining GRI and PSS Surcharges

This article delves into the General Rate Increase (GRI) and Peak Season Surcharge (PSS) common in ocean freight, explaining their definitions, influencing factors, and Flexport's approach. It emphasizes the importance of transparent pricing and provides practical advice for planning freight budgets, helping shippers navigate the volatility of the ocean freight market. Understanding these charges and proactive budgeting are crucial for efficient supply chain management and minimizing unexpected costs. By providing clarity and actionable insights, this resource empowers shippers to make informed decisions.

01/20/2026 Logistics Encyclopedia
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Yellow Corp Bankruptcy Spurs Freight Industry Shakeup

Yellow Corp Bankruptcy Spurs Freight Industry Shakeup

Yellow Corp. faces labor disputes and debt pressure, leading to freight diversion risks. A TD Cowen report suggests ABF Freight and TForce Freight could benefit. The key lies in whether Yellow can reach an agreement with the union and secure financing. Shippers should assess the risks and diversify their carrier options. The ongoing situation highlights the volatility within the LTL sector and the importance of contingency planning for shippers reliant on Yellow's services. The outcome will significantly impact the competitive landscape.

01/19/2026 Logistics Industry Insights
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Quest for Quality Awards Honor Top Logistics Providers

Quest for Quality Awards Honor Top Logistics Providers

The Logistics Management magazine's Quest for Quality (Q4Q) Awards are considered the 'gold standard' for service excellence in the logistics industry. Based on rigorous shipper surveys, the awards evaluate carriers on key performance indicators like on-time delivery, value, information technology, customer service, and equipment & operations. The 2025 Q4Q Awards recognized 160 outstanding carriers and service providers, offering shippers a valuable benchmark for selecting reliable logistics partners. This recognition provides important insights for shippers seeking dependable and high-quality logistics solutions.

01/20/2026 Logistics Industry Insights
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STB Probes BNSF Acquisition Amid Freight Rate Concerns

STB Probes BNSF Acquisition Amid Freight Rate Concerns

The U.S. Surface Transportation Board (STB) held a hearing regarding Berkshire Hathaway's acquisition of BNSF Railway, focusing on whether the acquisition premium should be included in BNSF's cost base, thus impacting freight rates. Shippers expressed concerns about potential rate increases, while BNSF emphasized market-based pricing. The STB's decision will influence the competitive landscape of the rail freight market and companies' operating costs. The core issue is whether the acquisition price will unfairly inflate freight rates for shippers using BNSF's services.

01/22/2026 Logistics
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US Ocean Freight Firms Adapt to Peak Season Challenges

US Ocean Freight Firms Adapt to Peak Season Challenges

The US ocean freight peak season typically runs from July to February, characterized by surging volumes, increased rates, port congestion, and tight capacity. Driven by holiday effects, seasonal product demand, inventory buildup, and global supply chains, the peak season presents challenges for shippers. Strategies to mitigate costs and delays include booking in advance, utilizing off-peak shipping, leveraging LCL (Less than Container Load) shipments, and exploring intermodal transportation. By proactively planning and diversifying transportation options, shippers can navigate the peak season more effectively.

01/23/2026 Logistics Encyclopedia
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Digital Shift Boosts Efficiency in Full Truckload Shipping

Digital Shift Boosts Efficiency in Full Truckload Shipping

While Full Truckload (FTL) transportation offers speed advantages, it suffers from inefficiency when cargo is insufficient. Digital logistics, through innovations like intelligent load matching and on-demand ridesharing, optimizes supply and demand, reduces empty miles, and enables shippers to ship on demand, lowering costs and improving efficiency. Embracing digitalization is key to reshaping the future of freight and enhancing business competitiveness. This approach allows for better resource allocation and a more sustainable transportation model, ultimately benefiting both shippers and carriers.

01/26/2026 Logistics Industry Insights
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Consolidated Shipping The New Trend and Advantages of International Air Freight

Consolidated Shipping The New Trend and Advantages of International Air Freight

Consolidated shipping is a method of combining multiple shipments through an air freight forwarding company. This approach not only reduces shipping costs but also expands the range of air services, benefiting shippers. Additionally, shippers can settle accounts in advance through the agent, facilitating international trade. The specific process involves the creation of master and house bills of lading, as well as the receipt and distribution of goods. However, it is important to note that consolidated shipping is not suitable for valuable items or special cargo.

07/22/2025 Logistics Encyclopedia
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New Guide Simplifies Verified Gross Mass VGM Shipping Rules

New Guide Simplifies Verified Gross Mass VGM Shipping Rules

This article explains how to independently submit Verified Gross Mass (VGM) through the "Order Folder," detailing the submission steps and parties authorized to submit VGM. It also provides links to VGM-related information. The aim is to help shippers complete VGM declarations more conveniently, ensuring the safe and compliant transportation of goods. By streamlining the process, shippers can easily adhere to regulations and avoid potential delays or penalties associated with non-compliance. This guide offers a practical approach to VGM submission for those involved in container shipping.

09/28/2025 Logistics Encyclopedia
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Stbs New Rules Aim to Ease Rail Freight Rate Disputes

Stbs New Rules Aim to Ease Rail Freight Rate Disputes

The US Surface Transportation Board (STB) has introduced two new rules to streamline railway freight rate dispute resolution, including a voluntary arbitration program and Final Offer Rate Review (FORR). However, the Association of American Railroads (AAR) strongly opposes these rules, citing “fatal flaws” in FORR and arguing the arbitration rules are “backwards.” Whether these new regulations will bring relief to shippers remains challenging, and shippers need to carefully assess the implications. The future impact of these regulations is uncertain amidst ongoing debate and potential legal challenges.

01/16/2026 Logistics
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USPS Expands Lastmile Delivery to Outside Bidders

USPS Expands Lastmile Delivery to Outside Bidders

USPS plans to open its 'last mile' delivery network, allowing shippers to bid for DDU access. This aims to boost revenue, improve financial sustainability, and help retailers achieve faster deliveries. Experts see transformative potential but also challenges in execution, pricing, and service. Its success will significantly impact the US logistics industry. The initiative could revolutionize last-mile delivery by leveraging USPS's extensive network, but careful planning and execution are crucial to overcome potential hurdles and ensure a seamless transition for both shippers and USPS.

01/15/2026 Logistics
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