News
Following on a previously announced March 15 $300 general rate increase （GRI）, 15 member carriers in the Transpacific Stabilization Agreement （TSA） are recommending a further increase of US$400 per 40-foot container （FEU） effective April 15, 2012, to address rates that remain below baseline levels at that time.
The increase comes just ahead of the previously announced May 1 recommended increase of $500 per FEU for US West Coast cargo and $700 per FEU for all other shipments.
TSA lines also stressed that they remain committed to recovering record high fuel costs through separate bunker and inland fuel surcharges. They also say they intend to implement a peak season surcharge （PSS） later in the year, with the amount and duration to be determined soon, based on a review of anticipated market conditions moving into the summer and fall months.
