Air Freight News

CMA CGM Panama Canal transit surcharge - from Far East to US East Coast & US Gulf

Dec 05, 2024

The Panama Canal Authority has introduced a new booking reservation system – the Long-Term Slot Allocation (LoTSA) - to regulate canal crossing reservations. This system, effective from January 1, 2025, has led to a significant increase in CMA CGM operational costs.

To recover this extra cost, CMA CGM will implement a Panama Canal Transit surcharge from January 2nd, 2025, on the following trades

Effective January 2nd, 2025

- From: Far East (including China and Hong Kong & Macau SAR, North East Asia & South East Asia) except Taiwan

- Via: Panama Canal

- To: US East Coast & US Gulf

- Lines concerned: Chesapeake Bay Express (CBX), Gulf of Mexico Express (GMXP), Manhattan Bridge (MANB), Pacific Express 3 (PEX3), South Atlantic Express (SAX), Taiwan Strait (TWS), Vespucci Service (VESPUCCI) & Pacific Express 2 (PEX2)

- Cargo: all

- Amount: USD 40 per TEU

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