OD Global: TSA Peak Season Surcharge

September 1, 2009: Through the Trans-Pacific Stabilization Agreement (TSA), the member carriers are suggesting a Peak Season Surcharge (PSS) effective for all containers gating into an overseas port on September 10, 2009 and destined to the USA from all Asia ports of loading in the amount of $320/20FT, $400/40FT, $450/40HC and $505/45FT.

It is important to note, the surcharge being suggested by the member carriers could be adjusted or may not be entirely implemented by September 10, 2009. However, it would be prudent for all importers prepare for an additional increase in their import rates starting from early September 10. It is important to note, this surcharge is not an Old Dominion surcharge, but an adjustment coming from the members of the TSA to all importers, freight forwarders and NVOCC's.

The member carriers of the TSA are APL, China Shipping, CMA CGM, COSCO Container Line, Evergreen, Hanjin, Hapag-Lloyd, K-Line, NYK Line, Yang Ming, OOCL, Hyundai Merchant Marine, MSC and Zim Line.