Transpacific Stabilization Agreement

Transpacific Stabilization Agreement

19 Dec 2014
Carriers announced general rate increases that span into February this week, as spot rates around the globe respond to mid-December rate hikes. Drewry Maritime Research’s World Container Index composite index, which measures 11 East-to-West trade lanes, jumped a cumulative 35.8 percent this week.
03 Nov 2014
Shipping lines that carry U.S. exports to Asia are expected to adjust their fuel surcharges on Jan. 1 to reflect new low-sulfur content rules and changes in operating conditions in the westbound trans-Pacific.
Ocean carrier rate revision roundup for Oct. 24
24 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Drewry spot rate chart
22 Oct 2014
General rate increases in the trans-Pacific count on participation from all carriers to be successful, and are hurt when one carrier or several discount prices on the eve of a hike, Transpacific Stabilization Agreement executive administrator Brian Conrad says.
Emissions Map
21 Oct 2014
The largest group of carriers in the trans-Pacific trade lane today unveiled a revised low-sulfur surcharge meant to tackle the costs associated with switching to the fuel in emissions control areas in North America on Jan. 1.
20 Oct 2014
Members of the Transpacific Stabilization Agreement have filed for their 11th general rate increase this year in a continuing effort by carriers to shore up spot rates from Asia to North America.
20 Oct 2014
The Transpacific Stabilization Agreement said most of its member lines are moving forward individually with previously surcharges on intermodal store-door deliveries from Asia to North American points in an effort to offset higher costs.
Drewry’s benchmark spot rate from Hong Kong to Los Angeles registered at $1,875 per 40-foot container this week for the third straight report.
08 Oct 2014
Spot rates from Hong Kong to Los Angeles plateaued this week, highlighting three straight weeks of stability following a volatile September.
01 Oct 2014
Carriers on the trans-Pacific have unveiled a bold new pricing approach to the 2015-16 contract season that will establish minimum rate levels and improve the bunker fuel cost recovery mechanism.
TSA GRI chart
25 Sep 2014
The 12 members of the Transpacific Stabilization Agreement are pushing for the 10th general rate increase in 10 months as Asia-U.S. spot rates continue to fall.
SCFI Shanghai to Northern European ports rate September 19, 2014
19 Sep 2014
Spot rates on the Asia-northern Europe trade plunged below $1,000 for the first time since March as September GRIs continued to slide, according to the latest Shanghai Containerized Freight Index.
29 Aug 2014
At least two ocean carriers are cutting intermodal fuel surcharges for dry and refrigerated shipments to and from the United States, effective Oct. 1, as a result of falling diesel prices.