Terms & Glossaries of Shipping and Trading

GRI (General Rate Increase)

A general rate increase (GRI) is an increase of sea freight rates applied to all or certain trade routes during a set period. 

What is GRI (General Rate Increase)?

General Rate Increase (GRI) is an extra charge for shipping that is added to the current base rate. These increases happen when carriers need to raise rates across all or specific trade routes due to demand and supply chain changes. Typically, big ocean carriers tend to raise their rates during peak periods.