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Members of the Transpacific Stabilization Agreement are recommending two $600 general rate increases and a $400 peak season surcharge.
Jacksonville, Fla.-based Caribbean Shipping Services operates primarily in the Puerto Rico market, specializing in refrigerated freight forwarding.
Ports plan to submit the agreement to the Federal Maritime Commission in June.
“Every participant in the supply chain will have a role to play” in solving congestion issues, according to a new report from carrier group World Shipping Council.
The first of seven groups will meet early next month to discuss issues surrounding the upcoming peak season.
Profits at the logistics and trade compliance software provider grew faster than revenues thanks to the company's focus on building its Global Logistics Network.