#peak-season-surcharge
(4 articles)Strait of Hormuz Reopening to Reset Ocean Freight Rates
The imminent reopening of the Strait of Hormuz following a U.S.-Iran memorandum of understanding scheduled for June 19 represents a pivotal inflection point for global container shipping economics. Wh
Maersk Levies $750/TEU Peak Season Surcharge on Asia-Europe Routes
Ocean carriers, led by Maersk, are implementing substantial peak season surcharges (PSS) on major trade lanes, with Maersk's $750 per TEU charge on Far East Asia to North Europe and Mediterranean rout
Container Spot Rates Rise for Sixth Week Amid Red Sea Disruption
Container spot freight rates across major trade lanes have now risen for six consecutive weeks, signaling sustained pricing pressure from ocean carriers. The Red Sea crisis, which has effectively clos
Container Spot Rates Surge 11-20% as Peak Season Tightens Capacity
Container spot rates across major trade lanes experienced significant double-digit increases this week, driven by new FAK rate implementations, peak season surcharges, and constrained vessel capacity.