Cruise terminals at the Port of Seattle are making money despite the downturn in the economy. At a budget briefing last week, port commissioners were told that the cruise business generated $9.2 million for the port last year,...
Read MoreAs transpacific container lines continue to report serious financial losses and major service consolidations, member carriers in the Transpacific Stabilization Agreement (TSA) have adopted voluntary guidelines for the upcoming...
Read MoreThe Transpacific Stabilization Agreement (TSA) recently announced increasing the freight on cargo container contracts to be signed till May 2010 to the levels in 2008. The new freight will be set at US$800 per 40-foot-equivalent...
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