News
Container shipping lines in the U.S. export trade lane to Asia are recommending phased, across-the-board increases in freight rates, beginning October 1, 2015. The scheduled action reflects the trade's recovery from congestion challenges earlier in the year.
Effective October 1, member carriers in the Transpacific Stabilization Agreement (TSA)'s westbound section will be seeking to establish new target rates in all dry commodity segments that translate into modest increases in most cases, with higher proportionate increases for the most depressed rates.
