Asian feeder operators have imposed a surcharge to cover rising costs that they are blaming on port congestion.
The Asian Feeder Discussion Group (AFDG) placed a notice in Singapore’s Business Times on 19 April, saying that since Monday, its members had implemented an ’emergency cost recovery surcharge’ to counter the rising operating costs brought on by port congestion.
The surcharge, on one-way basis, is $40 per teu for Singapore to Jakarta, Belawan, Semarang, …
The post Rising costs of port congestion force surcharge by Asian feeder operators appeared first on The Loadstar.