USPTI Monthly Update June 5, 2018

Below please find several articles outling the proposed increases in bunker as well as scheduled general rate increases. Additional please note the update/changes for China Customs Advanced Manifest,


The price of oil continues to escalate carriers are prepared to pass the increases on to the account of the cargo. With an anticipated peak season in the near future carrier are also filing general rate increases. It should be noted that in many cases the bunker and increases will apply to service contracts thereby increasing the base rates on all cargoes.


USPTI continues an open dialogue with our core carriers to insure we are able to deliver reliable quality service at market driven rates. USPTI anticipates the market to be relatively robust for the next 60 to 90 days and thus advise clients to potentially anticipate cost increases.


Please insure you are compliant with China Customs Advanced Manifest requirements


Our commitment to our clients is to develop a long term relationship of service based on service, integrity and honesty.


Thank you for your support and please feel free to contact your USPTI professional with any questions or concerns.