News
The Transpacific Stabilization Agreement (TSA) Westbound section is recommending rate hikes for low-margin, high-volume cargoes on the trade from the U.S. to Asia with further increases likely in December and beyond.
The 15-carrier group has set minimum guideline rate increases of $300 per FEU via U.S. West Coast ports and $750 per FEU via East and Gulf Coast ports shipments of waste paper, hay cube, and metal and plastic scrap to China base ports.
The new minimum rates will be effective November 1, 2014.
