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Client Update


 Fuel Surcharge update on UK/European Ocean Shipments (Import and Export)

(Toronto, May 12, 2005)... Member Lines of several Conferences have announced the updated Interim Fuel Participation (I.F.P.) surcharge, applicable to Full Container Load and LCL traffic, on the Canada - United Kingdom and the Canada - European Continent trade lanes. Effective June 1, 2005, the following surcharges will apply:

US $281.00 per 20 ft. container
US $562.00 per 40 ft. container
US $14.00 LCL traffic - per cbm or 1,000 kg, whichever is greater

Fuel prices will continue to be monitored and the I.F.P. will be adjusted as necessary as advised by the Conferences.

Quarterly updates will be posted on Universal Logistics' web site.

Conferences:

Canada - United Kingdom Freight Conference
Canadian Continental Eastbound Freight Conference
Canadian North Atlantic Westbound Freight Conference
Canadian Continental Westbound Freight Conference

Member Lines:

Atlantic Container Line AB
Canada Maritime
CAST
Hapag-Lloyd Container Line GMBH
Orient Overseas Container Line Limited (OOCL)

For more information, please call (905) 882-4880 David Lychek, Manager – Ocean Services.

 

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