News
The Transpacific Stabilization Agreement (TSA) has announced that the TSA Revenue Index for the eastbound transpacific trade slightly improved on the West Coast trade but dipped on the East Coast route in November.
The revenue index for cargo moving from Asia to the West Coast of the U.S. and interior point intermodal (IPI) was 83.77 in November 2014, up 0.19 points compared to 83.58 for the previous month and also up 1.58 compared to 82.19 for the same month last year.
On the trade from Asia to the U.S. East and Gulf Coasts, the index stood at 84.98 in November, down 0.88 points from the previous month's 85.86 points, representing a decline for two consecutive months. Year on year, it gained 8.03 points compared to 76.95 for the corresponding month in 2013.
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 with a value of 100.
