CTSA maintains 7% currency surcharge
Member lines of the Canada Transpacific Stabilization Agreement said last week they will keep their currency adjustment surcharge at 7 percent through February.
The surcharge was raised to 7 percent Dec. 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 maintains 7% currency surcharge
