Freight rates are rising in various ways, and shipping companies’ fees are becoming diverse.
Various surcharges introduced by shipping companies, such as congestion surcharge, fuel surcharge, peak season surcharge.
A few days ago, Hapag-Lloyd announced that due to the continuous extraordinary demand from China and the resulting supply chain operation challenges, Hapag-Lloyd will implement a value-added surcharge (VAD) for all cargo transportation in accordance with the regular FAK guidelines.
This value-added surcharge will be levied on August 15. The trans-Pacific trade from China to the United States and Canada will be charged at US$4,000 per 20-foot container and US$5,000 per 40-foot container.