News
As part of their Japan Business Plan for 2013 announced in November 2012, the Intra-Asia Discussion Agreement (IADA) has a rate restoration of $150 per TEU, effective April 1, 2013.
The recommendation is posed to individual IADA members, on a voluntary, non-binding basis. Any IADA members are free to voluntarily follow the recommendation on an individual basis or take independent actions not only in terms of quantum but also effective dates through individual negotiations between customers and members.
