Destabilized Stabilization Agreement Toppled, Opens Door for Competition and Deals — Panjiva
MENU

Destabilized Stabilization Agreement Toppled, Opens Door for Competition and Deals

China 2999 Corp - Shipping 991 Japan 616 Mode - Containerized 1489 South Korea 594 Theme - Alliances 97 Theme - Rates 237 U.S. 5347 Vietnam 385

The Transpacific Stabilization Agreement for container rates will be wound up from February 8. That was more-or-less inevitable once the U.S. government ruled that shippers could either be an alliance member or a TSA member but not both. The TSA appeared largely ineffective in any event, with the average weekly change in rates on routes to South Korea from China being 2.4% vs. 1.1% for all routes. On China-U.S. routes rates to the west coast moved 1.9% vs. 1.3% for the east coast. The end of the TSA may result increased price transparency, as well as the potential for increased competiti...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.