News
Container shipping lines operating from Asia to the U.S. are continuing their efforts to restore baseline freight rates for holiday shipments and the 2014 contract negotiating season beyond.
Member carriers in the Transpacific Stabilization Agreement (TSA) are recommending a guideline US$400 per 40-foot container (FEU) general rate increase covering all origins and destinations, effective November 15, 2013. The move follows individual actions by several lines in the trade to raise their rates during October.
