GCTL8.com (FocusAsia Media Ltd)

LONG BEACH, Feb 8 (FAN) – Member container lines in the Transpacific Stabilization Agreement (TSA) – Westbound have agreed on the need for an across-the-board rate increase, effective March 1, 2017.

The recommended general rate increase (GRI) is in the amount of US$100 per 40-foot container (FEU) for cargo moving U.S. ports to Asia and $150 per FEU for cargo moving from U.S. inland points.