CTSA to keep Nov. currency fee at 6%
Member lines of the Canada Transpacific Stabilization Agreement said Wednesday they will keep their currency adjustment surcharge at 6 percent through November.
The surcharge has been at 5 percent through October, but will rise to 6 percent at the start of October.
CTSA updates its currency surcharge levels on a monthly basis, 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 to keep Nov. currency fee at 6%
