Carriers Seek TSA Rate Increases

(International Freighting Weekly – Gavin van Marle)

Carriers in the Transpacific Stabilisation Agreement (TSA) are seeking major general rate increases in their 2010 contract renegotiations with shippers. The lines are seeking US$400 per TEU from Asia to the U.S. west coast, $500 per TEU on Asia to the U.S. east and Gulf coasts, and a $200 peak-season surcharge to come into effect at the beginning of next August. Read more here.