CMA CGM is introducing a $2,000 Peak Season Surcharge (PSS) specifically for long-term contracts covering dry container shipments from India, Pakistan, and Sri Lanka to South American destinations. This surcharge will become effective on September 1 and represents an additional cost component for shippers, alongside standard freight rates, bunker fuel charges, and terminal handling fees.
For freight forwarders and operations managers, this means an increase in the total landed cost for clients with long-term contracts on these specific trade lanes. Forwarders will need to update their pricing models and communicate this new surcharge clearly to affected shippers. The focus on long-term contracts suggests that CMA CGM aims to secure higher revenue on committed volumes during what it anticipates to be a period of increased demand. This could impact budgeting and forecasting for shipments originating from the Indian Subcontinent destined for South America, potentially leading to adjustments in supply chain strategies for affected cargo owners.
