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Container lines agree to raise Asia-US rates

Friday, May 2, 2014 - 06:00

[COPENHAGEN] Container shipping lines have agreed to raise Asia-US freight rates by US$300 per 40-foot container (FEU) to west coast ports of the US and by US$400 to all other ports in the US from May 15. The increase was agreed by companies in the Transpacific Stabilisation Agreement (TSA)

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