WTSA sets inland fuel surcharge
Carriers of the Westbound Transpacific Stabilization Agreement (WTSA) today announced inland fuel surcharges for long-haul rail and combination rail/truck moves, and for pure truck moves.
Effective Oct. 1, the new charge will be set at $158 per container for rail and long-haul intermodal rail/truck moves; and at $46 per container for truck shipments.
The surcharge level was determined by a weighted average of diesel fuel price of $2.396 per gallon, as tracked by the U.S. Department of Energy, over a 13-week period ended Aug. 30, the WTSA said. The surcharge will be adjusted quarterly — on Jan. 1, April 1, July 1 and Oct. 1 — using the same method.
WTSA members are: American President Lines, Kawasaki Kisen Kaisha, China Shipping, COSCO Container Lines, Nippon Yusen Kaisha, Evergreen Marine, Orient Overseas Container Line, Hanjin Shipping Co., P&O Nedlloyd, Hapag Lloyd, Yang Ming Marine and Hyundai Merchant Marine.
