A Peak Season Surcharge (PSS) is coming into effect from East Asia to North America

22 May A Peak Season Surcharge (PSS) is coming into effect from East Asia to North America

The complexity of the situation in Red Sea and the ripple effects on global supply chains have intensified in recent months. This has caused industry-wide disruptions. We now expect that these disruptions will continue into the third quarter of 2024.

Despite hopes that the situation would improve, we continue to face additional challenges and costs. These include, but are not limited to, the costs of the longer journeys and increased sailing speed to make up for delays. This has led to additional fuel costs. At the same time operational bottlenecks have absorbed and reduced available capacity, leading to higher charter rates. 

A Peak Season Surcharge (PSS) is coming into effect from East Asia* to North America**. This PSS is applicable for all containers gated in from June 1, 2024 until June 14, 2024.

The details for this PSS are listed below:

  • 20′ Container: USD 480
  • 40′ Container: USD 600
  • 45′ Container: USD 600

For containers gated in from June 15, 2024, and until further notice, the PSS details will be the following:

  • 20′ Container: USD 1000
  • 40′ Container: USD 2000
  • 45′ Container: USD 2000

For your reference, the geographical scope of this PSS is explained below:

  • *East Asia: Japan, Republic of Korea, Taiwan (PRC), Hong Kong (PRC), China (PRC), Macau (PRC), Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Brunei, Indonesia and the Philippines.
  • **North America: United States and Canada