CTSA lines reduce currency surcharge for September
Canada Transpacific Stabilization Agreement carriers are changing their currency adjustment factor to 1 percent on all shipments, including from Japan and China, effective Sept. 1.
The lines had set the adjustment factor for August at 2 percent.
“The members will continue to monitor exchange rates and will notify their customers of any further adjustments,” CTSA said in a statement.
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 lines reduce currency surcharge for September