CTSA currency fee to stay at 8% through April
Member lines of the Canada Transpacific Stabilization Agreement said this week they will maintain their currency adjustment surcharge at 8 percent through April.
The surcharge was raised to 7 percent Dec. 1, but will rise to 8 percent March 1. CTSA, whose lines provide service between Asia and Canada, reviews its currency surcharge monthly, typically one month ahead of when the rate will go into effect.
CTSA member lines are APL, COSCO Container Lines, Evergreen, Hapag-Lloyd, Hyundai Merchant Marine, 'K' Line, NYK Line, OOCL, Yang Ming and Zim Integrated Shipping Services.
CTSA currency fee to stay at 8% through April
