French shipping company CMA CGM has announced several updates to its Peak Season Surcharges (PSS) for cargo originating from the Indian Subcontinent, Middle East Gulf, Red Sea, and Egypt destined for the US East and Gulf Coasts.
A new surcharge, PSS07, will be implemented on February 15, 2025, with a fee of USD 1,200 per unit. This surcharge applies to all cargo types, including out-of-gauge units, but excludes breakbulk cargo.
The previously announced PSS06 has been postponed from January 18th to February 1st, 2025. This surcharge will apply to all cargo with a fee of USD 1,000 per unit.
PSS05, which has undergone several postponements, has been rescheduled once again, now effective from January 18th, 2025, with a fee of USD 1,000 per unit for all cargo.
These surcharges are implemented to manage increased demand and operational costs during peak shipping seasons.