In the last 24 hours, five ocean carriers Hanjin, CMA CGM, Evergreen, NYK and Shipco announced to their customers that they will implement a port congestion surcharge next week.
The port congestion surcharge will apply to all U.S. destined cargo via West Coast ports, arriving on or after November 17th as follows:
Hanjin explains in their customer notice that the charge is “to cover massive increase in costs arising from significant increases in port congestion and serious disruption to our normal course of operation due to labor unrest or action”.
MIQ Logistics will continue to monitor this situation closely and will track updates on our Ocean Freight Forwarding Market Update page, as they become available.
For more information, please contact your local MIQ Logistics representative.