News
Container shipping lines carriers in the Transpacific Stabilization Agreement (TSA) have reaffirmed their March 9 general rate increase (GRI) of US$600 per 40-foot container (FEU) for all shipments, and also filed a previously announced April 9 GRI in the same amount as those seen in the first three months of this year. In January, they also introduced a Peak Season Surcharge of $400 per FEU.
''Forward bookings suggest that post-Lunar New Year cargo demand will resume after the week-long Asia holidays and continue to pick up pace,'' TSA said.
