The West Coast MTO Agreement (WCMTOA) has announced that the Traffic Mitigation Fee (TMF) will increase at the Ports of Los Angeles and Long Beach as of September. Click here for further details. FOLLOW US FOR THE LATEST NEWS! Simply click here to follow our LinkedIn Company Page to stay...
The US Customs and Border Protection (CBP) has announced changes and adjustments to various Customs user fees, including the Merchandise Processing Fee (MPF), which will take effect 1st October 2024. Click here for further details. FOLLOW US FOR THE LATEST NEWS! Simply click here to follow our LinkedIn Company...
The Department of Agriculture, Fisheries and Forestry (DAFF) has issued a further update to inform members that the new date for self-assessed clearance (SAC) charges has been delayed until the 1st of October 2024. This revised commencement date will allow the industry and DAFF to work...
Victoria International Container Terminal (VICT) has announced an increase to their infrastructure charge per full container, effective from 1 July onwards. This charge will apply to full import and export containers and will help VICT maintain and enhance their efficiency as they have continued to deliver a sub 37-minute...
Hutchison Ports Hutchison Ports has announced an increase to their Landside and Storage Tariffs. These tariffs will become effective as of the 13th of May 2024 and will apply to their Brisbane and Sydney ports. VICT fee increases Victoria International Container Terminal (VICT) has invited submissions under the...
Patrick Terminals has announced the below proposed fee increases which is part of its Landside and Ancillary Charges. These fees contribute to their Landside Investment Overview, which is an investment program worth $350 million aimed at supporting the provision of efficient landside service levels for...
Due to ongoing disruptions due to issues such as the Suez Canal and geopolitical tensions, shipping liners are imposing surcharges and higher freight rates, which are having a disproportionately large cost impact on small volume shippers. Since major operators began rerouting via Africa's Cape of Good...
The Drewry World Container Index (WCI) has increased these past few weeks, but has overall experienced a drop of 28% when compared to the same period last year and is now 7% more than average 2019 (pre-pandemic) rates. The following trade routes all experienced an increase...
The Port of Oakland has announced that due to rising operational costs they are adjusting their gate fees effective 1 March 2024. FOLLOW US FOR THE LATEST NEWS! Simply click here to follow our LinkedIn Company Page to stay up-to-date with the latest industry news that may impact your...
With a swirling vortex of compounding factors from the Suez and Panama Canal and peak-season surcharges, to the Houthi of the Red Sea through to the general rate increases, there is no doubt that businesses across the globe are being hit with a whirlwind of...