News
The TSA Revenue Index for eastbound transpacific service improved on the U.S. West Coast trade but worsened on the U.S. East Coast trade in January.
The index for cargo moving from Asia to the West Coast of the U.S. and interior point intermodal (IPI) was 82.42 points in January 2014, the Transpacific Stabilization Agreement (TSA) said. The index improved by 1.39 points from the previous month but fell by 5.42 points compared with 87.84 in the same month last year.
On the trade from Asia to the U.S. East and Gulf Coasts, the index stood at 76.70 in January, down by 0.97 points from the previous month's 77.67 points. Year on year, it lost 1.36 points compared to 78.06.
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.
