THE Transpacific Stabilisation Agreement (TSA) is now recommending that shippers accept set rate contracts for 2015-16 rather than scheduled general rate increases (GRIs).
Such a change would provide rates for 20-foot and high-cube 40-footers that reflect cost of loading and handling, said the Oakland-based quasi conference.
It would also promote full recovery of rising intermodal costs due to inland transport capacity and congestion problems, said TSA.
Also included would be a revised bunker surcharge formula that more accurately reflects current vessel size and fuel consumption and recovery of low-sulphur fuel costs as tighter emissions standards take effect in January, it said.
In its rate release for 2015, the carrier group has said that instead of implementing GRI on the rate included in the tariff. it will recommend a base rate guideline.
The TSA says it wants its members to conclude 2015-16 contract rates at levels at or above US$2,000 per FEU to the US west coast and $3,500 to the east coast from all north Asian ports.
For southeast Asia, the objective is $2,150 per FEU to the west coast and $3,650 to the east coast
Intermodal base rates will vary by destination, but as an example TSA is proposing 2015 container yard rates to Chicago-area ramps to be at least $3,900 from north Asia and $4,050 for southeast Asia.
TSA members include APL, "K" Line, CSCL, Maersk, CMA-CGM, MSC, Cosco, NYK, Evergreen, OOCL, Hanjin, Yangming, Hapag-Lloyd, Zim and Hyundai Merchant Marine.
WORLD SHIPPING
03 October 2014 - 20:08
TSA seeks to end rate hikes, urges acceptance of minimum price contracts
THE Transpacific Stabilisation Agreement (TSA) is now recommending that shippers accept set rate contracts for 2015-16 rather than scheduled general rate increases (GRIs).
WORLD SHIPPING
03 October 2014 - 20:08
TSA seeks to end rate hikes, urges acceptance of minimum price contracts
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