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WTSA lines extend rate restoration

11/9/2009 11:27:08 AM

Container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) are proposing a new series of general rate increases (GRIs) on December 1, 2009 and January 15, 2010, that will affect all dry and refrigerated cargoes to all Asia destinations.

 

Effective December 1, WTSA lines have recommended increases to dry cargo rates – including rates for commodities exempt from tariff filing – in the amounts of US$100 FEU and $80 per TEU for cargo originating at the ports of Los Angeles and Long Beach on the US West Coast; and by $150 per FEU and $120 per TEU for all other dry cargo, including other West Coast ports, all-water shipments via the US East and Gulf Coasts, and intermodal moves.

 

On January 15, 2010, WTSA lines are recommending a GRI for refrigerated cargo, of $250 per FEU and by $200 per TEU for all US West Coast shipments, and by $300 per FEU and $240 per TEU for intermodal and U.S. East/Gulf Coast all-water cargo.

 

Cargonews Asia

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