News / New transatlantic surcharge 'another nail in the coffin for exporters'

© Sheila Fitzgerald

MSC is to increase its peak season surcharge (PSS) between Europe and the US by $1,000 per 40ft on 1 October.

The Geneva-headquartered carrier said its PSS on the route would be $2,700, due to the strong demand for containers and difficulties in finding supplies of them.

Spot rates on the tradelane have leapt by about 180% in the past six months, with today’s Freightos Baltic Index (FBX) component indicating a rate of $5,888 per 40ft.

One UK-based forwarder with substantial cargo flows ...