The member lines of the Canada Transpacific Stabilization Agreement said Friday they are amending their currency adjustment factor from Oct 1.
The eastbound CAF will be 7 percent from all Asia origins, including China and Japan.
The organization last amended its surcharge in July, when it was set at 7 percent. The next review will occur in November.
CTSA members are APL, COSCO Container Lines, Evergreen Line, Hapag-Lloyd, Hyundai Merchant Marine, “K” Line, NYK Line, OOCL, Yang Ming, and Zim.
CTSA lines lower currency fee