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You are here: Home → Archive → 2009 → October → Weekly Edition 15th of October 2009 → Trans-Pacific carriers set to hike rates at renewal

Trans-Pacific carriers set to hike rates at renewal

by Marcus Hand, Singapore — last modified Oct 15, 2009 03:04 PM

CONTAINER lines on the trans-Pacific trade have set out an ambitious plan to increase freight rates for 2010, saying low rates have to be reversed.

In the latest of a series of attempts to raise rates on the trade, member lines of the Transpacific Stabilization Agreement (TSA) have set out plans for a US$800 per feu increase for Asia to US west coast shipments for...

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