CARM: What all importers need to know about CARM

Universal Logistics - Take The Right Route Logo with 70 Years Badge

Route Article

Ocean freight lines announce emergency fuel surcharges

     Container ship

Due to rising fuel costs, most of the major shipping lines are implementing an emergency fuel surcharge this month.  This surcharge will be a separate fee, imposed on top of the existing Bunker Adjustment Factor (BAF) surcharge, and will vary according to the carrier and trade lane.

The majority of the lines are calling this emergency fuel surcharge EBAF (Emergency Bunker Adjustment Factor), however, some carriers are using different terms, such as Supplemental Bunker Surcharge (SBS) and Operations Cost Recovery (OCR).

For FCL, the fee ranges from $45.00 – $65.00 USD per 20’ and $90.00 – $130.00 USD per 40’.  The LCL fee is approximately $3.00 USD per cbm.

Carriers say this latest wave of fuel surcharges is necessary, as the price of maritime bunker has now reached a critical level.  Further adjustments are possible if the price of bunker fuel goes up or down dramatically.

For more information, contact Cathy Fong, Manager – Freight Pricing.

Quick Tip #22
Put delivery and handling instructions in more than one place

Increase your chances of completing a successful delivery of a package by putting handling and delivery instructions on at least three of the surfaces.

Switch to a Logistics
Partner Who Cares

Click the button below to find out why we’ve been Canada’s most trusted freight forwarder and customs broker for over 75 years.

Professional business people team meeting and working in corporate office concept

Register now to learn more about our

101 Logistics Quick Tips

Available exclusively from Universal Logistics