While many carriers have postponed their peak season surcharge (PSS) implementation from mid-May, they are now expected to apply two separate PSS increases on top of existing long-term fixed rates: $2,000 per FEU effective June 1 and $4,000 per FEU effective June 15.

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Ocean freight rates to be volatile, will increase in June: Dimerco
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Ocean freight rates to be volatile, will increase in June: Dimerco

U.S. Trade Representative to target China’s efforts to dominate the maritime, logistics and shipbuilding sectors.