Members of the Caribbean Shipowners’ Association (CSO) plan to implement a peak season surcharge from Oct. 6 to Dec. 31.
The surcharge, $150 per TEU, will be applied southbound only to all CSO Caribbean basin service destinations.
“The PSS will allow exporters and importers to plan ahead and schedule cargo movements prior to and following the peak season period,” CSO said. “As well, the surcharge will enable carriers to recover the higher costs caused by projected increased volumes, including equipment positioning, labor overtime, port congestion, cruise liners and extra loaders.”
Caribbean lines to assess peak season surcharge
