Ocean Carriers Delay Peak-Season Surcharge

6/8/2011 9:51:44 AM

A peak-season surcharge scheduled to take effect next week in the eastbound Pacific has been postponed for at least one month.   The Transpacific Stabilization Agreement, which represents most of the large carriers in the U.S. import trade from Asia, late last year published a voluntary guideline for its members calling for a peak-season surcharge of $400 per 40-foot container to run from June 15 through Nov. 30.   However, due to weaker-than-expected imports during the past month and excess capacity on services to the West Coast, a number of carriers have postponed the peak-season surcharges. Most carriers now aim for the peak season surcharge to take effect on July 15 to the West Coast.   The Journal of Commerce Online

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