The Loadstar’s Post

“Two major carriers have announced new Panama Canal surcharges on Asia-US east coast transits in response to the canal authority implementing a new booking system to “optimise transit operations”.” #panamacanal #oceanfreight #containershipping https://lnkd.in/e9HNJJ7E

Effective January 1, 2025, the Panama Canal Authority (APC) plans to implement a new transit reservation system, introducing changes in care of structures and fees to enhance service levels and optimize operations. In response to this some major carriers have announced a surcharge of $40 per TEU for all cargo types on services connecting Asia to the US East and Gulf coasts. The purpose is to offset the increased costs associated with the modifications. Additionally, the APC plans to impose a penalty that’s equivalent to 250% of the reservation fee for any vessels that arrive more than seven days past their booked date. #thefreightarchitects #jaguarfreight #logistics

Effective January 1, 2025, the Panama Canal Authority (APC) plans to implement a new transit reservation system, introducing changes in care of structures and fees to enhance service levels and optimize operations. In response to this some major carriers have announced a surcharge of $40 per TEU for all cargo types on services connecting Asia to the US East and Gulf coasts. The purpose is to offset the increased costs associated with the modifications. Additionally, the APC plans to impose a penalty that’s equivalent to 250% of the reservation fee for any vessels that arrive more than seven days past their booked date. #thefreightarchitects #jaguarfreight #logistics

Effective January 1, 2025, the Panama Canal Authority (APC) plans to implement a new transit reservation system, introducing changes in care of structures and fees to enhance service levels and optimize operations. In response to this some major carriers have announced a surcharge of $40 per TEU for all cargo types on services connecting Asia to the US East and Gulf coasts. The purpose is to offset the increased costs associated with the modifications. Additionally, the APC plans to impose a penalty that’s equivalent to 250% of the reservation fee for any vessels that arrive more than seven days past their booked date. #thefreightarchitects #jaguarfreight #logistics

Effective January 1, 2025, the Panama Canal Authority (APC) plans to implement a new transit reservation system, introducing changes in care of structures and fees to enhance service levels and optimize operations. In response to this some major carriers have announced a surcharge of $40 per TEU for all cargo types on services connecting Asia to the US East and Gulf coasts. The purpose is to offset the increased costs associated with the modifications. Additionally, the APC plans to impose a penalty that’s equivalent to 250% of the reservation fee for any vessels that arrive more than seven days past their booked date. #thefreightarchitects #jaguarfreight #logistics

Effective January 1, 2025, the Panama Canal Authority (APC) plans to implement a new transit reservation system, introducing changes in care of structures and fees to enhance service levels and optimize operations. In response to this some major carriers have announced a surcharge of $40 per TEU for all cargo types on services connecting Asia to the US East and Gulf coasts. The purpose is to offset the increased costs associated with the modifications. Additionally, the APC plans to impose a penalty that’s equivalent to 250% of the reservation fee for any vessels that arrive more than seven days past their booked date. #thefreightarchitects #jaguarfreight #logistics

Effective January 1, 2025, the Panama Canal Authority (APC) plans to implement a new transit reservation system, introducing changes in care of structures and fees to enhance service levels and optimize operations. In response to this some major carriers have announced a surcharge of $40 per TEU for all cargo types on services connecting Asia to the US East and Gulf coasts. The purpose is to offset the increased costs associated with the modifications. Additionally, the APC plans to impose a penalty that’s equivalent to 250% of the reservation fee for any vessels that arrive more than seven days past their booked date. #thefreightarchitects #jaguarfreight #logistics

Effective January 1, 2025, the Panama Canal Authority (APC) plans to implement a new transit reservation system, introducing changes in care of structures and fees to enhance service levels and optimize operations. In response to this some major carriers have announced a surcharge of $40 per TEU for all cargo types on services connecting Asia to the US East and Gulf coasts. The purpose is to offset the increased costs associated with the modifications. Additionally, the APC plans to impose a penalty that’s equivalent to 250% of the reservation fee for any vessels that arrive more than seven days past their booked date. #thefreightarchitects #jaguarfreight #logistics

Effective January 1, 2025, the Panama Canal Authority (APC) plans to implement a new transit reservation system, introducing changes in care of structures and fees to enhance service levels and optimize operations. In response to this some major carriers have announced a surcharge of $40 per TEU for all cargo types on services connecting Asia to the US East and Gulf coasts. The purpose is to offset the increased costs associated with the modifications. Additionally, the APC plans to impose a penalty that’s equivalent to 250% of the reservation fee for any vessels that arrive more than seven days past their booked date. #thefreightarchitects #jaguarfreight #logistics

New year, new surcharge: MSC & CMA CGM have announced a new $40 per twenty-foot-equivalent (TEU) container for ships traversing the Panama Canal. Ironically, the Canal Authority plans to improve service levels in 2025, but the higher efficiencies come at a cost that will get passed on to shippers. https://lnkd.in/e--vwjqJ #cargo #freight #shipping #panamacanal #supplychains #maritimenews