CTSA raises currency surcharge again
Member lines of the Canada Transpacific Stabilization Agreement said Wednesday they are increasing their currency adjustment factor to 6 percent as of March 1.
The lines increased the CAF to 5 percent in January. It was at 1 percent as recently as September.
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. The agreement governs trade from Asia to Canada.
CTSA raises currency surcharge again
