It is IADA’s recommendation to implement following Rate Restoration Program for both Dry and Reefer cargo with the objective of covering a part of the lost revenue in the past enabling Members to maintain stable and high-quality services within the busy and competitive Intra-Asia trade:-

As a discussion agreement, it should be clearly noted that the recommendation is posed to individual IADA Members, on a voluntary, non-binding basis. Any IADA Members are free to voluntarily follow the recommendation on an individual basis or take independent actions not only in terms of quantum but also effective dates through individual negotiations between customers and Members.

Please do not hesitate to contact us or Member Lines of the Agreement who are always happy to respond to any queries you may wish to have on this subject.