The Transpacific Stabilization Agreement is recommending its 15 ocean carrier members implement a general rate increase on December 15, 2014
By Chris Dupin |Wednesday, December 03, 2014
The 15 container carriers that are members of the Transpacific Stabilization Agreement (TSA) are recommending a $1,000-per-40-foot container general rate increase for all origins and destinations, effective December 15.
The TSA said the recommendation reflects "stronger than expected holiday traffic and related service demands" and cited press reports of double-digit import growth in September and October.
It also pointed to "forecasts of continued market momentum through the remainder of the year. As in recent years, the holiday retail season is likely to extend into January via gift cards and post-holiday sales promotions."
TSA is a research and discussion forum of major container shipping lines serving the trade from Asia to ports and inland points in the U.S.
APL Co. Pte Ltd
China Shipping Container Lines
COSCO Container Lines, Ltd.
Hanjin Shipping Co., Ltd.
Hyundai Merchant Marine Co., Ltd.
Kawasaki Kisen Kaisha, Ltd. (K Line)
Mediterranean Shipping Co.
Nippon Yusen Kaisha (N.Y.K. Line)
Orient Overseas Container Line, Ltd.
Yangming Marine Transport Corp.
Zim Integrated Shipping Services
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