The Westbound Transpacific Stabilization Agreement announced plans to include in all their new and existing contracts, effective May 1, a $80 per 40-foot container; $64 per 20-foot container and $4 per revenue ton interim fuel assessment. The IFA will also be applied to tariff cargo moving under "all inclusive" tariff rates that have pre-established fuel charges built in.
The agreement cited the 80 percent increase in marine fuel and diesel oil over the past year as a reason for the increase.
Explore the March 2000 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- Ocean freight interruptions poised to continue
- Danieli to supply shredder to Australian company
- Equipment from the former Alton Steel to be auctioned
- Novelis resumes operations in Greensboro, Georgia
- Interchange 360 to operate alternative collection program under Washington’s RRA
- Waste Pro files brief supporting pause of FMCSA CDL eligibility rule
- Kuraray America receives APR design recognition for EVOH barrier resin
- Tire Industry Project publishes end-of-life tire management guide
