WTSA raises container rates on animal hides
Member lines in the Westbound Transpacific Stabilization Agreement have agreed on the need to raise freight rates for shipments of animal hides.
Effective July 1, WTSA have scheduled rate increases for hides of $200 per FEU and $160 per TEU for inland point intermodal (IPI) cargo, and $50 per FEU and $40 per TEU for port-to-port shipments.
In addition to addressing higher overall inland transport, equipment and cargo handling costs – in particular higher rail and truck charges from interior U.S. locations – WTSA lines hope to recover a greater share of operating costs specific to the movement of animal hides in containers, from providing container liners and tri-axle chassis to container cleaning at destination, the conference said in a statement.