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TSA carriers look back on peak season successes
Announce time：
2006-1-18
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TSA carriers look back
on peak season successes
OAKLAND — Asia-U.S. freight bookings eased slightly in December as the peak shipping season came to a close, but most ships continued to run at around 85 percent utilization, according to the Transpacific Stabilization Agreement (TSA). Forward bookings also suggest that the earlier Lunar New Year holidays in Asia this year - when factories close for a week - will cause spring shipments to ramp up sooner, for a stronger first quarter. Final figures are not in yet, but it is believed that Asia-U.S. container cargo - largely retail import merchandise and business purchases of industrial inputs, computers and other equipment - grew by around 11 percent for full year 2005, the fourth straight year of record volumes and mostly double-digit growth. Infrastructure constraints on new, larger ships entering the Asia-U.S. market, from port channel depths to terminal yard operations to inland rail delays, have kept capacity in line with demand, according to the TSA. At the same time, operating cost pressures have held freight rates steady, particularly for established carriers in the trade. TSA is a voluntary discussion and research forum of 11 major container shipping lines serving the trade from Asia to ports and inland points in the U.S.
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