Recently, the Asia and New Zealand discussion freight agreement, the Asia and Australia disabling the freight agreement, Asia - South America West Coast liner, Canada Transpacific Stabilization Agreement arise the rates and freight in varying degrees. For routine, all the four liner said price increases is without engagement for the members, and they can making power for management.
Organize of Asia and New Zealand discussion freight agreement, in September 15, 2007, for ordinary containers and refrigerated containers, increase 20-foot container freight on 200 dollars, and 40-foot container freight on 400 dollars, from China to New Zealand.
Organize of Asia and Australia discussion freight agreement, in September 15, 2007, for ordinary containers and refrigerated containers, increase 20-foot container freight on 350 dollars, and 40-foot container freight on 700 dollars, from China to Australia.
Organize of Asia - South America West Coast liner said that, be the reason of fuel prices increasing, the EFS will adjust from 468 U.S. dollars / TEU to 558 U.S. dollars / standard containers, from September 15, 2007 until September 30, 2007. the next adjustment will be based on August 2007 fuel prices to be done on Oct. 1, 2007. And from this, there are adjustments on 1 per month as this conduct. In addition, EFS will follow new mechanism, and the review will be done from per quarter to per month, and the formula of EFS is unchanged.
CWTSA in the conference in August 15, 2007 and August 28, 2007, adjust the freights of refrigerated and frozen food (not including French fries and potato) transported from Montreal, Toronto and Winnipeg, and increase freight of 20-foot container on 360 dollars,and freight of 40-foot container on 450 dollars.
CWTSA said the reopening of Asian markets for North American beef imports, increase the demand for refrigeration equipment, and the maintenance and operating cost of refrigeration equipment are high; In addition, since the import ban have Completed in 2003, the refrigeration equipment has shifted to other trade routes; and a Canada major railroad companies announced that because the party of railway increase the surcharge and addition fuel fee, this company will not provide the refrigeration container service to Vancouver dock. And all these are the reason for CWTSA increasing the price.
CWTSA also decided to, rise the freight of all other dry goods, not including protein, food, forest products, agricultural products and hay from October 1, 2007. Specific criteria is that freight of 20-foot container increase 160 dollars, and 40-foot container increase 200 dollars.
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