News
Asia-U.S. container lines continue to resist downward pressure on rates in the early days of their 2013-14 contract negotiations.
To establish a more compensatory rate baseline for contracts that will be in effect through mid-2014, member carriers in the Transpacific Stabilization Agreement （TSA） are recommending a dry cargo general rate increase （GRI） of US$400 per 40-foot container （FEU） to the U.S. West Coast, and US$600 per FEU for all other destinations, effective December 1, 2012.
In addition, TSA carriers adopted a guideline January 1, 2013 GRI on refrigerated cargo, from all Asian origins ? including Pakistan, Bangladesh and Sri Lanka ? to all U.S. destinations, of US$1,500 per standard and high-cube FEU.
