(ifw – Damian Brett)
Transpacific carriers believe they will finally be able to implement a
peak-season surcharge (PSS) in the coming weeks as retailers start to stock up for
Christmas.
The Transpacific Stabilization Agreement (TSA), a
rate-recommending organization, has recommended that its shipping line members
impose a PSS of $400/feu from 15 August. The TSA initially
announced that a PSS should apply from 15 June, but it was delayed several times
because market conditions were not strong enough for carriers to push the price
increases through. But the TSA now believes retailers are beginning to restock for the
back-to-school and festive holiday seasons and businesses are resuming global
sourcing of materials and components. Read
more here.
