Pacific box lines turn to new bunker formula

TSA seeks to boost transparency over fuel charges as carriers start to offer all-in rates

Janet Porter - Thursday 12 March 2009

TRANSPACIFIC container lines plan to use a new method of calculating fuel levies in the next round of service agreements as industry leaders warn against the potentially suicidal decision by some carriers to offer all-in rates in a bid to attract new business.

The initiative comes against a background of weakening freight rates and a recent move t...

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