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TSA CARRIERS RAISE FUEL SURCHARGE

TSA CARRIERS RAISE FUEL SURCHARGE

   The Transpacific Stabilization Agreement, a group of 14 major transpacific carriers, plans to increase fuel surcharges on eastbound transpacific containerized shipments on July 1.

   For the third quarter, the fuel surcharge will be set at $180 per 45-foot container, $160 per high-cube 40-foot box, $140 per 40-footer, $105 per 20-footer and $3 per revenue ton by weight or measure.

   The carriers said the increase is “in response to significantly increased costs of purchasing and loading marine fuel in the U.S. and Asia.”

   TSA carriers, as a group, set fuel surcharges every quarter.

   “Fuel surcharges are intended to help carriers recover a portion of extraordinary costs beyond their control due to fluctuating fuel prices,” a spokesman for the carrier group said.

   TSA member carriers are APL, CMA CGM, COSCO Container Lines, Evergreen, Hanjin Shipping, Hapag-Lloyd, Hyundai, “K” Line, Maersk Sealand, MOL, NYK, Orient Overseas Container Line, P&O Nedlloyd and Yang Ming Marine.