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Container lines agree to raise Asia-US rates
Published Thu, May 1, 2014 · 10:00 PM
[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) which also a…
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