New Peak Season Surcharge from Mediterranean to U.S. East Coast and Gulf

CMA CGM has announced the implementation of a new Peak Season Surcharge (PSS) on routes from the Mediterranean to the U.S. East Coast and Gulf. This additional charge will take effect from 15 July 2024 and will apply to all container types.

The PSS is an additional charge applied by shipping companies during peak seasons to balance increased demand and operational costs. This practice helps shipping companies maintain service quality while providing customers with more stable service.

CMA CGM's new PSS will apply to all cargo loaded from the Western Mediterranean, Adriatic, Black Sea, and Eastern Mediterranean (excluding Egypt) and destined for the U.S. East Coast, U.S. Gulf, Mexico East Coast, and Canada East Coast. From the specified date, the surcharge will be $350 USD for 20' containers and $700 USD for 40' and 45' containers.

Such additional charges are a common practice in the maritime shipping sector and are typically implemented during specific periods of the year, particularly during peak trading seasons. The objective is to prevent delays and service quality deterioration that may result from increased demand.

Customers are advised to take these additional charges into account when planning and arranging their logistics processes. Additionally, the base freight rates, fuel-related surcharges, port charges, and other security-related fees published on CMA CGM's website will also apply. Therefore, it is important to consider all these factors when calculating total costs.

CMA CGM operates an extensive service network globally and aims to provide customers with reliable and efficient transportation solutions. Such rate adjustments are part of the company's efforts to maintain operational sustainability and service quality.

In conclusion, customers shipping cargo from the Mediterranean to the U.S. East Coast and Gulf regions are advised to plan accordingly and adjust their budgets considering the new PSS that will take effect from 15 July 2024. It will be beneficial to regularly follow CMA CGM's official announcements for detailed information and updates.

Key Points:

• CMA CGM will implement a new Peak Season Surcharge (PSS) from the Mediterranean to the U.S. East Coast and Gulf starting 15 July 2024.Container News

• The PSS has been set at $350 USD for 20' containers and $700 USD for 40' and 45' containers.CMA CGM

• This additional charge will apply to all cargo loaded from the Western Mediterranean, Adriatic, Black Sea, and Eastern Mediterranean (excluding Egypt) and destined for the U.S. East Coast, U.S. Gulf, Mexico East Coast, and Canada East Coast.CMA CGM

• Customers are advised to factor this additional charge into their logistics planning.

• For detailed information, CMA CGM's official announcements should be followed.

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News Link: https://container-news.com/cma-cgm-announces-pss-from-med-to-us-east-coast-and-us-gulf/

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