Independent journal on economy and transport policy
16:05 GMT+2
Transpacific lines to raise rates by at least US$900
(Shipping Times)
November 9, 1998
TSA members to jack up rates of 40-ft boxes to US west coast from May 1
By Marcus Hand
[SINGAPORE]
Major shipping lines have announced plans to increase freight rates from Asia to the US West Coast by a whopping US$900 (S$1,458) per 40-foot box from May 1, next year.
The 13 member lines of the Transpacific Stabilisation Agreement announced minimum increases ...... Read more on Shipping Times
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