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Commentary: Rarified air

Thursday, September 27, 2012

Nothing comes for free these days. Even clean air. On Aug. 1, a new regulation requiring ocean carriers to burn low-sulfur fuel within a 200-mile coastal corridor of North America came into effect. So it was little surprise that carrier members of the Transpacific Stabilization Agreement announced in late August they had developed a formula to capture the additional costs generated by the new regulation. The surcharge advised by TSA is $17 per 40-foot box ...

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