News
Container lines in the Asia-U.S. freight market are resisting cyclical winter season pressures on rates, reaffirming their resolve to prevent discounting that spills over into 2013-14 contracts.
Member lines in the Transpacific Stabilization Agreement (TSA) are recommending an increase in dry cargo rates, effective January 15, 2013, of US$600 per 40-foot container (FEU) on shipments to U.S. West Coast ports and inland coastal state destinations, and $800 per FEU to all other destinations. The increase coincides with a previously announced TSA increase for refrigerated shipments.