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23 September 2020 The on-line newspaper devoted to the world of transports 02:01 GMT+2

November 9, 1998

Transpacific lines to raise rates by at least US$900

TSA members to jack up rates of 40-ft boxes to US west coast from May 1

By Marcus Hand


Major shipping lines have announced plans to increase freight rates from Asia to the US West Coast by a whopping US$900 (S$1,458) per 40-foot box from May 1, next year.

The 13 member lines of the Transpacific Stabilisation Agreement announced minimum increases ......
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