WTSA SPELLS OUT PROPOSED “MINIMUM RATES”
The Westbound Transpacific Stabilization Agreement, a group of transpacific shipping lines, announced further details of its proposed “minimum rates” for shipments of wastepaper moving from the U.S. to Asia.Effective Dec. 1, the carrier group aims to introduce minimum freight rates per 40-foot equivalent unit from the U.S. West Coast that range from $250 for Hong Kong destination to $650 for shipments to Vietnam. Minimum prices from the U.S. East Coast range from $600 per FEU for Hong Kong to $1,000 per FEU for Vietnam.
The plan to introduce minimum rates was announced on Oct. 23.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now