News
Container shipping lines in the Canada Transpacific Stabilization Agreement (CTSA) have called for a General Rate Increase (GRI), effective May 1, 2011.
Mmember carriers in the CTSA say they intend to raise Asia-Canada rates across the board by US$400 per FEU for Vancouver local and door cargo, and by US$600 per FEU for all intermodal and East Coast all-water shipments, with other equipment sizes rated per formula. The new rates will apply to all CTSA origins, including Pakistan, Sri Lanka and Bangladesh.
