News
In a container freight market challenged by volatility and facing the prospect of further consolidation, member shipping lines in the Transpacific Stabilization Agreement (TSA) are recommending minimum voluntary rate benchmarks across the board. Effective December 15, 2016, the lines will be seeking to restore the lowest current market rate levels to at least US$2,200 per FEU to the U.S. West Coast; $3,200 per FEU to the U.S. East and Gulf Coasts; and $4,000 per FEU for intermodal moves to key Chicago-area inland point destinations.
For January 1, TSA members are recommending that a general tariff rate increase be filed in the amount of $1,000 per FEU for all destinations in the U.S.
