In the international logistics sector, changes in shipping company fees and business policies are crucial for clients and agents, particularly in today's volatile market environment. Several leading carriers have recently announced significant fee adjustments and new operational policies. Below is a comprehensive update to help industry professionals stay informed about these market developments.
Latest Updates from Global Shipping Carriers
OOCL has successfully launched its direct West Africa service. To ensure smooth operations, the company has issued updated bill of lading requirements for several West African countries. Clients and agents are advised to review these specifications for their upcoming shipments.
HMM has reminded booking agents that the new customs manifest policy is now in effect. The carrier emphasizes that bill of lading data must match both tally reports and customs declaration information. Any cases of misdeclaration or omission may result in legal consequences as authorities enforce compliance measures.
Effective December 1, 2018, CMA CGM will apply new pricing structures for all European routes. These changes will directly impact operational costs, and clients are encouraged to review the updated rates to minimize potential disruptions to their supply chains.
Pacific International Lines (PIL) will implement a Peak Season Surcharge (PSS) on its East Africa service starting November 18, 2018. Customers are advised to factor this additional cost into their budgeting and shipping schedules.
Mediterranean Shipping Company (MSC) has revised its bunker adjustment factor policy for exports from China. Clients should consult the updated fuel surcharge rates to accurately calculate their total transportation costs.
MSC will begin applying a General Rate Increase (GRI) for shipments to South Africa. This additional charge will affect the total cost of exports to the region, requiring clients to adjust their financial planning accordingly.
In collaboration with Shanghai International Port Group, Ocean Network Express (ONE) has selected two voyages for pilot testing of paperless equipment interchange receipts. This initiative aims to improve operational efficiency by reducing reliance on physical documentation.
American President Lines (APL) has issued detailed explanations regarding split and combined bill of lading procedures in response to agent feedback. These clarifications are designed to help partners better understand and optimize their operational workflows.
In the current international logistics landscape, adapting to these changes is essential for maintaining competitive operations. Industry professionals are encouraged to stay informed about these developments to enhance their logistics efficiency and compliance.
