By: Grace M. Lavigne | November 14, 2014
Multiple container lines operating in the trans-Pacific lane have plans to implement some of the largest port congestion surcharges ever ―up to $1,000 per 40-foot container ―on cargo moving via U.S. West Coast ports, signaling the extent to which carriers are being battered financially by the worst U.S. port congestion in years.
In the last 24 hours, six ocean carriers ― Hanjin Shipping, U.S. Lines, Evergreen Line, Mediterranean Shipping Co., CMA CGM, NYK Line and Shipco ― have said they will implement a port congestion surcharge, effective Nov. 17. For import cargo, the surcharges will be $800 per 20-foot container, $1,000 per 40-foot container, $1,125 per 40-foot high-cube container and $1,266 per 45-foot container.
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