News
Transpacific container lines have announced they intend to pursue revenue improvement to restore rate levels which have dwindled during the slack period in the summer.
Transpacific Stabilization Agreement (TSA) lines are recommending a dry cargo general rate increase (GRI) of a minimum of US$100 per 40-foot container (FEU) by no later than October 1, 2013 applicable to the trade from the U.S. West Coast to Asia.
The rate restoration is a voluntary and non-binding working remark for members who are free to act independently by their own discretions.
TSA 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.
