FMC seeks more details on TSA-WTSA merger plan

Markets

Tuesday, February 05, 2013

The U.S. Federal Maritime Commission is asking the Transpacific Stabilization Agreement (TSA) for additional information about its plan to expand its scope to include not only the inland container trade from Asia, but also outbound trade from the United States to Asia. TSA is a discussion agreement of 15 container carriers that move more than 90 percent of the cargo from the Far East and Indian Subcontinent to the United States. In December, it fi...

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