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New Year’s party? Hardly.

Thursday, October 25, 2012

It’s time to plan for a New Year’s Eve party if you’re a shipper. Not in the mood for celebrating? Why’s that? Is it because the carrier members of the Transpacific Stabilization Agreement are intent on pushing through a hefty rate increase on eastbound shipments from Asia to North America on Jan. 1? To be specific, the increase is $800 per FEU to the West Coast, $1,000 to the East Coast and $1,200 for intermodal shipments. Or might you be in a sour mood beca...

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