Independent journal on economy and transport policy
14:52 GMT+1
WTSA member lines vote to boost Asia rates
(World Wide Shipper)
June 10, 1998
SEOUL - The chief executives of 13 major carriers in the Westbound Transpacific Stabilization Agreement (WTSA) met recently in Seoul to try and reverse the downward trend in rates that has grown out of Asia's economic difficulties and a general slowing of demand in the trade.
Lines reported an overall drop in freight charges ranging form US$600 to $800 per ...... Read more on World Wide Shipper
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