Member lines of the Transpacific Stabilization Agreement (TSA) have announced a $300 per feu increase from Asia to US West Coast and $400 per feu to all other US destinations from 15 May.
“Carriers continue to play catch-up on rates, which have been effectively stagnant since 2011,” said TSA executive administrator Brian Conrad. “Modest revenue gains from recent GRIs will not be adequate to pay for upgraded services to meet likely demand surges in the coming months.”
TSA member lines also announced a $400 per feu peak season surcharge
from 15 June.