After a two-month delay, the 15 container lines that belong to the Transpacific Stabilization Agreement announced peak season surcharges as of Aug. 15.
The TSA said in its announcement that its members are seeing “positive indications of a peak season on the horizon, as retailers begin re-stocking shelves for the back-to-school and holiday seasons and as businesses resume global sourcing of materials and components.”
The TSA had published a voluntary guideline for its members that called for a peak-season surcharge of $400 per 40-foot container unit that was supposed to run from June 15 through Nov. 30.
TSA executive administrator Brian M. Conrad said the TSA carriers have recently experienced a steady increase in traffic, which “suggests steady, stronger demand in the three months to come.”
TSA members include APL, China Shipping, CMA-CGM, COSCO, Evergreen Line, Hanjin Shipping, Hapag Lloyd, Hyundai Merchant Marine, "K" Line, Mediterranean Shipping Co., NYK Line, Orient Overseas Container Line, Yangming Marine Transport and Zim Integrated Shipping Services.
The Journal of Commerce Online
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