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IADA RAISES FREIGHT RATES
 
KAOHSIUNG, Taiwan - The 34-member shipping association Intra-Asia Discussion Agreement (IADA) has increased its sea freight charges for shippers by $50 for a 20-foot container and $100 for a 40-feet container with a further similar rise in rates planned in early September.
 
C.L. Gerry Liu, who is temporarily responsible for IADA's interests in Vietnam, said the new rates would apply to shippers exporting to China, Taiwan, Korea, Japan, Hong Kong, Singapore, and the Philippines.
 
The current IADA charges are $80 for a 20-foot container and $160 for a 40-foot container.
The group is raising charges in response to higher prices of fuel and the hire of vessel charter, explained Liu, who is also chief representative of Yang Ming Marine Transport Corp in Vietnam.

INTERMODAL RAIL TRAFFIC UP SHARPLY
 
WASHINGTON, DC - Intermodal traffic on US railroads was up sharply during the week ended March 27 in comparison with the corresponding week last year, according to the Association of American Railroads.
 
Intermodal traffic totaled 208,810 trailers or containers, up 8.3% from last year. Trailer traffic was up 12.5%, while container volume rose 6.8% from last year.

Carload freight - which does not include the intermodal data - totaled 342,001 cars, up 3.1% from last year, with volume up 6.5% in the West but down 0.7% in the East.
 
Total volume was estimated at 30.8 billion ton-miles, up 4.4% from last year.

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