Routes vs. Rates Conundrum for Carriers May Be Set by Congress — Panjiva
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Routes vs. Rates Conundrum for Carriers May Be Set by Congress

Corp - Shipping 1025 Global 1391 Logistics 476 Mode - Containerized 1523 Mode - Seaborne 1845 Politics 153 Theme - Alliances 99 Theme - Rates 239 U.S. 5398

The U.S. Congressional maritime subcommittee has proposed changes to the law that may preclude shippers from being part of both an alliance and a rate setting agreement. One such conflict may involve the Transpacific Stabilization Agreement, which sets guidelines for rates across the Pacific rim. The largest members of all three shipping alliances are signatories to the TSA. Shippers would need to choose between alliance-driven route optimization and TSA-driven rate stability (at least on U.S.-bound routes). Panjiva analysis shows that rates on the TSA routes have smaller average weekly ...

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