The majority of public comments sent to the Federal Maritime Commission regarding the proposed P3 Network were supportive of the vessel-sharing alliance among the world’s three largest global container lines.
Transpacific Stabilization Agreement
21 Nov 2013
Container shipping lines operating from Asia to the U.S. intend to restore baseline freight rates for late holiday season shipments in December and the pre-Lunar New Year period in January.
16 Oct 2013
Container shipping lines in the Transpacific Stabilization Agreement Westbound section are attempting to set...
15 Oct 2013
The discussion group representing shipping lines in the eastbound Pacific has recommended a guideline calling for a rate
14 Oct 2013
Rate volatility on the trans-Pacific ocean trade illustrates that existing regulations are not working as intended, according to the new the new head of UPS’s forwarding division in Asia.
27 Aug 2013
Shipping lines that carry U.S. exports to Asia intend to increase their freight rates by at least $100 per 40-foot container effective Oct. 1.
10 Jul 2013
When trans-Pacific eastbound spot rates plunged nearly 9 percent in the week ending July 10, it was the latest example that container shipping pricing this year has lost its staying power.
01 Jul 2013
Buoyed by positive reports on consumer confidence and spending, shipping lines that carry containerized imports from Asia announced today they plan to implement a peak-season surcharge of $400 per 40-foot container to all U.S. destinations effective Aug. 1.
28 May 2013
Hoping to prop up freight rates as the start of the peak-shipping season gets closer, the discussion agreement representing ocean carriers in the eastbound Pacific announced guidelines for increases of $400 per 40-foot container to the West Coast and $600 to all other destinations, effective July 1.
12 Apr 2013
The Federal Maritime Commission, including William P. Doyle, commissioner of the transportation agency, has voted to take no further action to delay the effective date of the Transpacific Stabilization Agreement amendment to include westbound trans-Pacific trade.
03 Apr 2013
Brian Conrad, executive administrator of the Transpacific Stabilization Agreement, explains why the TSA is being expanded to include the westbound trans-Pacific market.
03 Apr 2013
A combination of market indicators and forward bookings are pointing toward the early stages of an upswing in cargo volume on trans-Pacific trade routes, justifying the latest round of rate increases that took effect on April 1...