Transpacific lines seek April 15 rate hike

Thursday, March 15, 2012

The Transpacific Stabilization Agreement on Wednesday recommended its container shipping company members shoehorn in yet another rate increase between March 15 and May 1. TSA said carriers should hike eastbound freight rates an additional $400 per 40-foot container (FEU) on April 15. The recommended increase comes on the back of a $300-per-FEU general rate increase which was supposed to take effect March 15, and another recom...

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