News
The Transpacific Stabilization Agreement (TSA) Revenue Index for eastbound transpacific service fell slightly on the U.S. West Coast trade but improved on the U.S. East Coast trade in April.
The index for cargo moving from Asia to the West Coast of the U.S. and interior point intermodal (IPI) was 83.89 points in April 2014, down by 0.2 points month on month and by 3.67 points compared to 87.56 in the same month last year, the TSA said.
On the trade from Asia to the U.S. East and Gulf Coasts, the index stood at 78.06 in April, up 1.12 points from the previous month's 76.94 points. Year on year, it lost slight 0.27 points compared to 78.33.
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.
