Container Lines to Cut Terminal Cost in China

March 06, 2017

Eleven container liner transportation companies have promised to cut or standardize the Terminal Handling Charges in order to lower nearly 3.5 billion yuan burden of export enterprises each year, according to National Development and Reform Commission. This move is expected to save more than $500m annually for the country’s traders. THC is the major surcharge of sea transportation that is collected from export enterprises by container liner transportation companies.

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