CMA CGM has announced the introduction of Peak Season Surcharges (PSS) on trade routes connecting to Latin America and East Africa, as carriers brace for increased demand and tightening capacity ahead of peak shipping months.
The surcharge will apply across key corridors, impacting both export and import cargo, with rates varying by origin, destination, and container type. The move reflects ongoing pressure on global shipping networks, driven by shifting trade flows, congestion in certain regions, and continued geopolitical uncertainties.
By implementing PSS, CMA CGM aims to manage capacity more effectively while offsetting rising operational costs. Industry analysts note that such surcharges are typically introduced during periods of strong demand to ensure service reliability and network stability.
Shippers moving cargo to and from Latin America and East Africa are expected to face higher freight costs in the near term, prompting many to plan bookings in advance and reassess supply chain strategies. The development underscores the continued volatility in ocean freight markets as the industry navigates peak season pressures.