Transpacific Stabilization Agreement (TSA) announces low-sulfur fuel surcharges

Transpacific Stabilization Agreement (TSA) announces low-sulfur fuel surcharges

Starting January 1st, 2015 the low-sulfur surcharge on containerized cargo from Asia to the U.S. will increase by more than 3 times the current amount. According to the TSA, shippers can expect low-sulfur surcharges of $67 for cargo moving from Asia to the East Coast of the U.S. and $53 to the West Coast, the current charge is $17 and $16 respectively. The lines were facing an increase of around $365 per ton of fuel so the new surcharge is expected to help even out the cost.

For more information visit TSAcarriers.org

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