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Shanghai Index jump reflects in transpacific rate hike

   The Shanghai Containerized Freight Index rose on Friday, reflecting a general rate increase suggested by the Transpacific Stabilization Agreement for March 15. TSA is recommending another increase May 1 for its 15 members.

Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.