TSA lines opt for rate rises in bid to hit breakeven
MEMBER lines in the Transpacific Stabilization Agreement (APL) have confirmed their support for new rate increases to be brought in on the transpacific container trades (TSA), as lines try to push freight prices back up to breakeven point.
The TSA guidelines recommend an increase of US$800 per feu on Asia to US west coast traffic and US$1,000 per feu on Asia to US east and gulf coasts, as well as hinterland destinations.
It recommended the increases come into...
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