News
The Transpacific Stabilization Agreement (TSA) Revenue Index for eastbound transpacific services hit the lowest level in November on both U.S. West Coast and East Coast trades.
The index for cargo moving from Asia to the West Coast of the U.S. and interior point intermodal (IPI) was 82.19 points in November 2013, the Transpacific Stabilization Agreement (TSA) said. The index was down by 5.60 points compared with 87.79 in the same month last year. Month on month, it represents a slight decline of 0.92 points from 83.11 for October.
For services destined to the U.S. East and Gulf Coasts, the index stood at 76.95 in November, down by 0.78 points from the previous year when it was 77.73 points. Month on month, the TSA index suffered a slight 0.14 points compared with 77.90 for October.
The TSA Revenue Index tracks average revenue per-40 foot container from Asia to the U.S. West Coast and to the East and Gulf coasts, which includes contracted and on-the-spot freight rates as well as terminal handling charges (THCs) and other non-floating charges but does not include bunker surcharges. The numbers are benchmarked in percentage terms against the baseline month of June 2008.
