Westbound Transpacific Lines Increase U.S.-Asia Rates

摘要

Container shipping lines in the U.S. export trade lane to Asia are recommending phased, across-the-board increases in freight rates, beginning October 1, 2015, reported the Westbound section of the Transpacific Stabilization Agreement (TSA). The scheduled action reflects the trade's recovery from congestion challenges earlier in the year; a strengthening market heading into what is typically the trade's peak season; and an urgent need to halt damaging rate erosion. Effective October 1, member carriers in the Transpacific Stabilization Agreement (TSA)'s Westbound section will be seeking to establish new target rates in all dry commodity segments that translate into modest increases in most cases, with higher proportionate increases for the most depressed rates. TSA-Westbound lines said that they expect to follow with similar, gradual increases in November and December.