News
Member container lines in the Transpacific Stabilization Agreement (TSA) are recommending a further $1,000-per-40-foot container (FEU) general rate increase (GRI) for all origins and destinations, reflecting stronger than expected holiday traffic and related service demands. The recommended GRI is to take effect on December 15, 2014.
''As in recent years, the holiday retail season is likely to extend into January via gift cards and post-holiday sales promotions,'' the TSA said.
The $1,000/FEU increase follows an across-the board GRI of ''at least $600/FEU'' recommendation implemented on September 1.
