U.S.-Asia Container Lines To Accelerate Fuel Cost Recovery

摘要

Member shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) have stepped up efforts to reach their 2008 goal of achieving full, floating bunker fuel surcharges across the board. WTSA lines will raise their bunker surcharges, effective July 1 to $600 per 40-foot container (FEU), or the full formula level in effect at the time, whichever is lower. As of October 1, surcharge levels for all tariff and contract cargo will be increased to the full, floating bunker surcharge in effect at that time, and will then be adjusted monthly to float with fuel price fluctuations under the WTSA calculation formula.