• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • Login
  • Subscribe
  • Logout
  • My Profile

  • CORONAVIRUS
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • REGIONS
    • Asia Pacific
    • Canada
    • China
    • Europe
    • Latin America
    • Middle East/Africa
    • North America
  • THINK TANK
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » Westbound Lines Seek New Round of General Rate Increases

Westbound Lines Seek New Round of General Rate Increases

November 10, 2009
Westbound Transpacific Stabilization Agreement

The member lines of the Westbound Transpacific Stabilization Agreement (WTSA) are seeking once again to boost freight rates for cargoes moving from the U.S. to Asia. The latest series of general rate increases, to take effect Dec. 1, 2009 and Jan. 15, 2010, will affect all dry and refrigerated categories, the group said. Its most recent series of GRIs in the westbound trade took place Sept. 1.

The recommended Dec. 1 action calls for increases of $100 per 40-foot container (FEU) and $80 per 20-foot container (TEU) for cargo originating at the ports of Los Angeles and Long Beach. At the same time, the lines are looking for increases of $150 per FEU and $120 per TEU for all other dry cargo, including movements from other West Coast ports, all-water shipments via the U.S. East and Gulf Coasts, and intermodal moves.

For Jan. 15, the lines are calling for a GRI on refrigerated cargoes of $250 per FEU and $200 per TEU for all shipments originating on the U.S. West Coast, and $300 per FEU and $240 per TEU for intermodal as well as all-water cargoes moving from the U.S. East and Gulf coasts.

WTSA members say the increases are needed to maintain service levels in the U.S.-Asia trade. "Trans-Pacific carriers continue to see their fixed operating costs rise as freight rates decline in both directions," said executive administrator Brian M. Conrad. "The headhaul trade from Asia can't subsidize the outbound segment, credit remains tight and lines have already scaled back on vessels, port calls, routes and back-office functions.

"The only way carriers can survive financially, meet rising U.S. export demand and maintain adequate service levels is through improved revenues," Conrad added.

WTSA is a voluntary organization consisting of 10 container-shipping lines, who are not bound to follow the group's recommendations.

Read Full Article

RELATED CONTENT

RELATED VIDEOS

Logistics Global Logistics Logistics Outsourcing Ocean Transportation Rail & Intermodal Transportation & Distribution Global Trade Management SC Finance & Revenue Management SC Planning & Optimization Asia Pacific
KEYWORDS Asia Pacific Global Logistics Global Trade Management Logistics Logistics Outsourcing Ocean Transportation Rail & Intermodal SC Finance & Revenue Management SC Planning & Optimization Transportation & Distribution
  • Related Articles

    Trans-Pacific Westbound Lines Set Rate Increase

    Uncertainty Impacts Shippers with Volatility in General Rate Increases

    Transpac Container Lines Slate Big Rate Increases for 2010

  • Related Events

    Driving Supply Chain Sustainability: The Role of Real-Time Visibility Using Vehicle and Location Data

    Let Increased Visibility Ignite Your Supply Chain to Become More Resilient and Agile

Westbound Transpacific Stabilization Agreement

Westbound Lines Seek New Round of General Rate Increases

More from this author

Wake up to Coronavirus Updates and the latest Supply Chain News!

Subscribe to our Daily Newsletter

Timely, incisive articles delivered directly to your inbox.

Popular Stories

  • Coronavirus-watch-Armada

    Virus Update: Amazon Offers Help With Distribution; NYC Delays Vaccinations After Moderna Shortage

    Coronavirus
  • container port

    New Global Visibility App Sees Delays Before They Happen

    Logistics
  • Can Employers Require Employees to Get the COVID-19 Vaccine? Part 1

    Watch: Can Employers Require Employees to Get the COVID-19 Vaccine? Part 1

    Coronavirus
  • U.S. Vaccine Rollout Hindered by Faulty Coordination, Messaging

    WHO Fumes at Western Drugmakers As China Fills Vaccine Void

    Coronavirus
  • Smartphones

    Podcast | Why We Need to Ramp Up Recycling of Old Tech

    Logistics

Digital Edition

Scb home issue 27

2020 Supply Chain Innovator of the Year

VIEW THE LATEST ISSUE

Case Studies

  • LSP Saves Customer $1.5 Million a Year With MPO Global Inbound Management

  • Auto Supplier Wows Key Client Using riskmethods Supply Chain Savvy

  • Integrating Shipping and Compliance Saves Conglomerate Millions

  • How a Consumer Goods Giant Upped Its On-Time Delivery Performance

  • LSP Wows Global Client, Quickly Advances to Become End-to-End Provider

Visit Our Sponsors

6 River Systems ArcBest Armada
aThingz BluJay Burris Logistics
DSC Logistics DCSA (Digital Container Shipping Association) DHL Resilience360
Genpact GEP Honeywell Intelligrated
Infor Logility Magnitude Software
MPO Old Dominion Oliver Wight
OpenSky Ports America Purolator
QAD Precision Red Classic Riskmethods
TGW Systems Transportation Insights Watson Land Company
Westfalia Technologies Workjam Yang Ming
  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • Webinars
  • Digital Offerings
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • Newsletters
  • Resources
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
    • 100 Great Partners Form
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us
    • Data Sharing Opt-Out

All content copyright © 2016 - 2018 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing