TRANSPACIFIC CARRIERS WILL INCREASE FREIGHT RATES NEXT MAY

TRANSPACIFIC CARRIERS WILL INCREASE FREIGHT RATES NEXT MAY

   Transport strains of the Transpacific Stabilization Settlement plan to extend eastbound transpacific freight charges for the following delivery season, efficient Would possibly 1, and introduce a brand new chassis price.

   The TSA mentioned its voluntary, non-binding charge expand suggestions for tariff and repair contract charges for the approaching Would possibly 2001-April 2002 contract length will come with:

   * A $525 expand in keeping with 40-foot container from Asia to U.S. West Coast ports.

   * A $600-per-FEU expand for shipments to issues all the way through the U.S. West Coast states of California, Oregon and Washington.

   * A $600-per-FEU expand to U.S. East Coast ports by the use of all-water or mini-landbridge provider.

   * A $750-per-FEU expand for bins moved inland intermodally by the use of West Coast or East Coast ports.

   Transport strains of the settlement “indicated that the beneficial will increase are supposed to offset expected emerging prices in numerous spaces,” a spokesman for the service staff mentioned. Vessel constitution charges are anticipated to extend generally through 25 to 35 p.c right through 2000, and through a equivalent quantity in 2001, in a industry the place just about one-third of the ships deployed had been chartered. As well as, the apparatus imbalance eastbound vs. westbound “stays at greater than 2-to-1 and has higher within the first part of 2000 over the primary part 1999, including to repositioning prices,” he added.

   Different price will increase confronted through delivery strains worry longhaul trucking, transloading, intermodal rail transportation and port longshore hard work bills, the service staff mentioned.

   As has been the case in 2000, TSA carriers have additionally followed a tenet recommending a $300-per-FEU “height season surcharge” from July 1 via Oct. 31, 2001, implemented to all eastbound shipment.

   Closing Would possibly, TSA carriers attempted to extend ocean charges through $400 in keeping with FEU, however they had been in large part not able to get the rise as a result of larger festival from new entrants.

   The transpacific carriers have followed a tenet to recuperate a portion of the price of offering a chassis to shippers, via a brand new chassis price, to turn into efficient Jan. 1 for all tariff shipment and Would possibly 1 for all provider contract shipment.

   The carriers have no longer but made up our minds the extent of the chassis price. The TSA is thought to be the primary service settlement to introduce a chassis price in the USA. The price would no longer observe if the shipper supplies its personal chassis, appropriate to be used with the related cargo and terminal, the service staff mentioned.

   The TSA has additionally followed tips relating to bunker fees, together with:

   * A revision of the present price calculation components “to extra temporarily and adequately recuperate true prices related to gas value fluctuations.”

   * Adoption of a uniform components for all Asian foundation places, together with Japan.

   * A final of the present hole that exists between fees and exact fuel-related prices between now and Would possibly 1.

   “The U.S. economic system continues to take in file imports from Asia and exceptional volumes of container shipment arriving at U.S. ports displays no signal of letting up,” the service staff mentioned. “With shipment enlargement in far more than 10 p.c anticipated within the Asia-to-U.S. marketplace in 2001, delivery strains are focusing their consideration at the emerging prices of continuous to offer provider in a nonetheless booming marketplace.”

   The TSA carriers are APL, CMA CGM, COSCO Container Traces, Evergreen, Hanjin Transport, Hapag-Lloyd, Hyundai Service provider Marine, “Okay” Line, Maersk Sealand, Mitsui O.S.Okay. Traces, P&O Nedlloyd, NYK Line, Orient In a foreign country Container Line and Yangming Marine Shipping.

   The TSA is a dialogue settlement that has the authority to talk about and suggest charge will increase. The higher may possibly then be carried out in my view, and on a voluntary foundation, through each and every service.