Lines try to buck trend: peak season rates to apply from September
MEMBERS of the Asia Australia Discussion Agreement have decided to push ahead with the annual peak season surcharge in the North & East Asia-Australia trade, despite sea freight rates continuing to fall.
The southbound PSS was originally scheduled for August 15 but will now be introduced on September 1, officially at US$300 per teu and US$600 per feu. AADA has not nominated the duration of the PSS.
Carriers are “reasonably optimistic” the...
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