Members of the Westbound Transpacific Stabilization Agreement announced that they will be passing on security charges to customers.
The WTSA, a ratemaking group of 13 container shipping lines serving destinations throughout Asia, said that three of the largest U.S. railroads, CSX, Burlington Northern Santa Fe, and the Union Pacific, are implementing security surcharges, up to $80 per container, for hazardous cargoes.
The members of the WTSA will pass the charges on to customers in their individual tariffs and service contracts as applicable. While the carriers claim that the added security burdens in monitoring and handling hazardous cargo is driving up inland transport costs, the surcharge is a cost that the shipping lines are unable to absorb on their own.Latest from Recycling Today
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