China-US trade tariff pause could drive a rebound for transpacific rates
After the US and Chinese governments agreed to slash reciprocal tariffs, shipping lines are expecting ...
After withdrawing port congestion surcharges last Wednesday – two days after they had been implemented – ocean carrier members of the TSA are preparing to reinstate them for troubled US west coast facilities.
Carriers in the Transpacific Stabilisation Agreement cancelled the surcharges to be applied on all cargo following a challenge from the US Federal Maritime Commission on their legality.
The FMC argued that the surcharges couldn’t be applied to cargo already in transit and on the water. There was also strong ...
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