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CTSA adjust fuel surcharges

CTSA adjust fuel surcharges

   Shipping lines of the Canada Transpacific Stabilization Agreement said Thursday that CTSA's fuel recovery charge will be adjusted June 1 to $475 per 20-foot container, $635 per 40-foot container, $715 per 40-foot high cube container, and $805 per 45-foot container.

   Members of CTSA, a group of 11 major ocean and intermodal transportation companies serving the trade from Asia to Canada, said in a release that they will continue to monitor fuel prices and will notify their customers of any further adjustments.