CTSA seeks same rate increases as TSA

10/20/2009 9:38:45 AM

Member lines in the Canada Transpacific Stabilization Agreement have mirrored a Transpacific Stabilization Agreement rate increase announcement last week from the Transpacific Stabilization Agreement seeking $800 and $1,000 per FEU increases on U.S. West Coast and intermodal shipments, respectively.   Like the TSA, CTSA members said they would also seek a $400-per-container peak season surcharge from Aug. 1, 2010 and a more full collection of fuel and other operating cost related surcharges.   The message from TSA last week stressed the need for carriers and shippers to better calibrate their relationships so that carriers can weather a year that has severely stressed balance sheets.   CTSA’s 10 members are APL, COSCO Container Lines, Evergreen Line, Hapag-Lloyd, Hyundai Merchant Marine, “K” Line, NYK Line, OOCL, Yang Ming and Zim Integrated Shipping Services.   TSA members who are not part of the CTSA are China Shipping, CMA CGM, Hanjin Shipping and MSC.   American Shipper

RELATED NEWS

OTHER NEWS

UASC, APL, Hanjin add most capacity in last year (10/20/2009 9:38:27 AM) $3.6b earmarked for Van Phong sea port (10/19/2009 10:52:14 AM) Evergreen: Higher Europe-to-Med rates (10/17/2009 10:30:27 AM) Zim to extend peak season surcharge (10/17/2009 10:29:26 AM) Port of Aden plans container expansion (10/17/2009 10:29:08 AM) CMA CGM FAS Vietnam service – Maiden call in Saigon Premier Container Terminal (10/16/2009 3:49:49 PM) Shanghai, Ningbo ports outperform Shenzhen (10/16/2009 10:06:04 AM) Singapore Box Volumes Down Last Month But Drop Lessening (10/16/2009 10:05:42 AM) MSC Hikes US-Asia Rates (10/15/2009 9:52:46 AM) Wallenius Adds China Capacity (10/15/2009 9:50:53 AM)

COMMENTS

Your comment

Content: Email / Name / Tel:

The most comprehensive and easy-to-use global marine weather application

With the Courtesy of Bao Hoang Yachts Co. Click "HERE" to get your own 30day free trail or contact Ms Phuong Bui at Vietnam Shipper: phuongbq@vil.com.vn / 08.39330 148