News
Container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) are recommending a further general rate increase (GRI) on ocean cargo moving from the U.S. to Asia.
Effective April 1, 2010, WTSA carriers intend to raise dry cargo rates by US$300 per FEU and $240 per TEU. Lines have additionally proposed that refrigerated cargo rates increase on April 1 by US$300 per FEU and $240 per TEU for U.S. West Coast cargo, and by $500 per FEU and $400 per TEU for all other cargo, including mini-landbridge, inland intermodal and all-water shipments from the U.S. East and Gulf Coasts.
