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Member Lines, having made a thorough review on the current market, have recognized that the rates are not in a sustainable level for them to maintain the quality of their services for customers. As such, they will communicate with their customers about their rate restoration program effective January 5, 2012 at a level of USD500/TEU in the trades from Asia to West Coast South America (WCSA), Mexico and West Coast Central America (WCCA).
It should be noted that the above RR program is a voluntary and non-binding working remark which does not bind on Members. They are free to deviate from the remark by their own judgement.
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