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WTSA lines seek $50 per FEU rate hike

Tuesday, April 10, 2012

Container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) said Monday they are recommending a further round of incremental rate increases for dry and selected refrigerated commodities, as part of a comprehensive rate restoration effort throughout 2012. The adjustments, scheduled to take effect May 15, will raise dry commodity rate levels by $50 per FEU from Pacific Southwest ports (Los Angeles, Long Beach and Oakland), and by $100 per FEU for all o...

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