Member container lines in the Canada Transpacific Stabilization Agreement said last week their currency adjustment factor will be 7 percent effective Jan. 1.
The 10 members generally announce the currency surcharge more than one month before it goes into effect.
CTSA members are APL, COSCO Container Lines, Evergreen Line, Hapag-Lloyd, Hyundai Merchant Line, ‘K’ Line, NYK Line, OOCL, Yang Ming and Zim.
CTSA adjust currency fee
