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US to Asia waste paper freight rates face hike.
(From Lloyds List)
Byline: Janet Porter
ELEVEN major container lines that operate services across the Pacific are seeking higher freight rates for waste paper exported from the US to Asia.
Members of the the Westbound Transpacific Stabilization Agreement are recommending a $50 per 40 ft container increase in waste paper rates from the beginning of September.
This is part of a continuing effort to address rising cargo handling and equipment positioning costs in Asia, the group said.
The action 'reflects both the high volume of waste paper moving in the ...
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