Starbucks, Constellation Brands may face CMA CGM’s Oakland surcharge — Panjiva
Más

Supply Chain Research

Starbucks, Constellation Brands may face CMA CGM’s Oakland surcharge

Ags - Softs 136 Brazil 399 Chile 105 Colombia 72 Consumer Staples 765 Corp - Ports 885 Corp - Shipping 982 Latin America 11 Mexico 888 Mode - Containerized 1476 Theme - Rates 236 U.S. 5326

CMA CGM has imposed a Port Congestion Surcharge of $250 per container for shipments into the Port of Oakland, California from ports in Central and South America. Congestion has built up in part because of diverted services by CMA CGM and others to Oakland from Los Angeles. The timing of the surcharge would suggest CMA CGM expects congestion to continue well into Q3’21. There are already signs of disruptions affecting shipping. Imports to Oakland from Latin America handled by CMA CGM were just 23 TEUs in May after an 83.4% drop versus the prior three-months’ average. The increased shippin...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.