I have no positive news on labor dispute between the longshoremen and the East Coast ports. I am surprised that the potential strike hasn’t made more headlines and isn’t getting the attention of our Federal government. Even a “short” one to two week strike could have huge implications on our national economy, especially during the peak shipping season.
More carriers have filed a Port Congestion Surcharge in case of a labor dispute. Here is the latest that we have seen:
Carrier | Item |
20′ |
40′ |
40’HC |
45’HC |
APL | Congestion Surcharge |
$320 |
$400 |
$450 |
$505 |
ANL/US Line | Port Congestion Surcharge |
$800 |
$1,000 |
$1,125 |
$1,266 |
CMA | Port Congestion Surcharge |
$800 |
$1,000 |
$1,125 |
$1,266 |
CSCL | Port Congestion Surcharge |
$800 |
$1,000 |
$1,125 |
$1,266 |
ZIM | Port Congestion Surcharge |
$800 |
$1,000 |
$1,125 |
$1,266 |
UASC | Port Congestion Surcharge |
$800 |
$1,000 |
$1,125 |
n/a |
Maersk | Congestion Surcharge |
$800 |
$1,000 |
$1,125 |
$1,266 |
Cosco | Congestion Surcharge |
$800 |
$1,000 |
$1,125 |
$1,266 |
EMC | Congestion Charge At POD |
$800 |
$1,000 |
$1,125 |
$1,266 |
NYK | Port Congestion Surcharge |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
Hanjin | Port Congestion Surcharge |
$800 |
$1,000 |
$1,125 |
$1,266 |
K Line | Congestion Surcharge |
$800 |
$1,000 |
$1,125 |
$1,266 |
YML | Port Congestion Charge |
$800 |
$1,000 |
$1,125 |
$1,266 |
HMM | Port Congestion Surcharge |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
Hamburg Sud | Port Congestion Surcharge |
$800 |
$1,000 |
$1,000 |
n/a |
Matson | Port Congestion Surcharge |
$500 |
$500 |
$500 |
$500 |
Please keep in mind that the surcharge will only take effect in the event that a labor related slowdown/stoppage occurs (strike / lockout / etc.).
We are seeing more importers change their all-water US East Coast bookings to the US West Coast. This has resulted in increasing congestion on vessels coming to the US West Coast.
-Jimmy Ting
jimmyting@gwlcorp.com