TSA lines seek rate recovery heading into 2013 contracting season

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By Alex Lennane

01/11/2012

Shipping lines are busily trying to keep transpacific spot market rates up, before the start of the next contracting season. From December 1, the Transpacific Stabilization Agreement is recommending increases of $400 per FEU to the US west coast. Think even higher for refrigerated cargo, which is in a “dire” revenue situation.

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Topics

Rates: the eternal tango Contract rates Drewry WCI FBX Maersk Transpacific Xeneta (XSI-C)

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