CANADA TRANSPACIFIC STABILIZATION AGREEMENT (CTSA)
NOTICE TO CUSTOMERS
Major transpacific shipping lines of the Canada Transpacific Stabilization Agreement (CTSA), wish to advise their customers that effective March 1st, 2011, the Currency Adjustment Factor will be at the following level :-
Currency Adjustment Factor
8% - Applicable from all origins including Japan and the PRC
The members will continue to monitor exchange rates and will notify their customers of any further adjustments.
CTSA is a group of 10 ocean and intermodal transportation companies serving the trade frm Asia to Canada.
Thank You.
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