The lines, Bernuth, CMA CGM, Crowley, Seaboard, SeaFreight, and Zim, will raise rates on Feb. 5 by $75 per 20-foot container and $150 per 40-foot container and $169 per container larger than 40 feet.
On May 6, the lines will then raise rates by $100 per 20-foot container and $200 per 40-foot container and $225 per container larger than 40 feet.
On Aug. 26, the lines will seek another raise of $75 per 20-foot container and $150 per 40-foot container and $169 per container larger than 40 feet.
The CSO also said it will impose a peak season surcharge on shipments between Oct. 7 and Dec. 16. The surcharge is $150 per 20-foot container and $300 per 40-foot container and $338 per container larger than 40 feet.
“Stress on availability of containers and space to serve exports from United States may be expected to last through the 2012 peak season,” the lines said. “This announcement of the PSS will allow exporters and importers to plan ahead and schedule cargo movements prior to and following the peak season period. 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.”
CSO members service trade lanes between the United States and the Caribbean destinations of Anguilla, Antigua, Dominica, Grenada, Montserrat, Saba, St. Barths, St. Eustatius, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Vincent, Trinidad, Jamaica, Guyana and Suriname.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now