News
Container shipping lines in the Canada Transpacific Stabilization Agreement (CTSA) have called for a General Rate Increase (GRI) for dry and refrigerated cargoes.
Effective August 10, 2012, member carriers in the CTSA say they intend to raise Asia-Canada for dry cargoes by US$500 per FEU for Vancouver local and door cargo, and by US$700 per FEU for all MLB, intermodal and East Coast all-water shipments. Refrigerated cargoes will be increased effective August 15, 2012 by US$1000.00 per FEU for Vancouver local and door cargo and by US$1250.00 per FEU for all MLB, intermodal and East Coast all-water shipments, with other equipment sizes rated per formula. Other sizes of equipment will be rated per formula.
The new rates will apply to all current CTSA origins, including Pakistan, Sri Lanka and Bangladesh.
