Independent journal on economy and transport policy
08:34 GMT+2
TWRA ups currency surcharge for some Asian shipments in 2nd quarter
(Shipping Times)
February 23, 1999
But transpacific group will suspend fuel surcharge
By Felix Chan
[SINGAPORE]
The six-member Transpacific Westbound Rate Agreement (TWRA) has raised its currency adjustment factor (CAF) for some Asian shipments beginning in the second quarter of 1999 to take into account what it describes as the strengthening of most Asian currencies against the US dollar ...... Read more on Shipping Times
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