CTSA increases US$800 per FEU

The Canada Transpacific Stabilisation Agreement (CTSA) member carriers have announced a US$800 per FEU increase on west coast and intermodal shipments.

According to the Shipping Gazette, CTSA also seek a US$400 per container peak season surcharge from August 1 and a more full collection of fuel and other operating cost related surcharges.

CTSA members are APL, Cosco, Evergreen, Hapag-Lloyd, Hyundai Merchant Marine, "K" Line, NYK, OOCL, Yang Ming and Zim.

Source: www.transportweekly.com