Hoping to prop up freight rates as the start of the peak-shipping season gets closer, the discussion agreement representing ocean carriers in the eastbound Pacific announced guidelines for increases of $400 per 40-foot container to the West Coast and $600 to all other destinations, effective July 1.
Transpacific Stabilization Agreement
12 Apr 2013
The Federal Maritime Commission, including William P. Doyle, commissioner of the transportation agency, has voted to take no further action to delay the effective date of the Transpacific Stabilization Agreement amendment to include westbound trans-Pacific trade.
03 Apr 2013
Brian Conrad, executive administrator of the Transpacific Stabilization Agreement, explains why the TSA is being expanded to include the westbound trans-Pacific market.
03 Apr 2013
A combination of market indicators and forward bookings are pointing toward the early stages of an upswing in cargo volume on trans-Pacific trade routes, justifying the latest round of rate increases that took effect on April 1...
15 Feb 2013
Carriers in the eastbound Pacific look to 2013 as a year in which they will return to profitability.
06 Feb 2013
04 Feb 2013
Shipping lines in the eastbound Pacific announced their intention Monday to increase their freight rates $400 per 40-foot
24 Dec 2012
Shipping lines in the eastbound trans-Pacific have a sound strategy for negotiating viable service contracts with beneficial cargo owners as they enter the new year. It remains to be seen if they can implement their plan.
18 Dec 2012
Shipping lines in the eastbound Pacific announced large rate increases of $600 to $800 per 40-foot container in a despera
27 Nov 2012
Members of the Transpacific Stabilization Agreement filed an amendment with the U.S.
16 Nov 2012
Member container carriers in the Transpacific Stabilization Agreement today announced a dry cargo general rate increase will be implemented on Dec. 15, instead of Dec. 1, as previously announced in October...
05 Nov 2012
After a brutal summer that saw exports to Asia soften and freight rates deteriorate steadily, trans-Pacific cargo volumes began to pick up in early October.
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Jun 5, 2013 2:00PM EDT