CTSA lowers currency surcharge
Member lines of the Canada Transpacific Stabilization Agreement said Tuesday they are dropping their currency adjustment surcharge to 5 percent beginning Sept. 1.
The surcharge was at 6 percent in March, then dropped to 5 percent in April, but has been at 6 percent since May 1.
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 lowers currency surcharge
