CMA CGM Announces Peak Season Surcharge Effective May 16, 2025

CMA CGM has announced a Peak Season Surcharge (PSS) on Transpacific Eastbound lanes, effective May 16, 2025. The surcharge applies to cargo originating from Asia, Bangladesh, India, Pakistan, and Sri Lanka, and destined for the U.S. (excluding Hawaii) and Canada.   Surcharge Details: Origin: All Asia (including Far East) Destination: All U.S. Ports (excl. Hawaii)…

Understanding Tariffs: Their Role in Trade and Economy

Tariffs have long been one of the most hotly debated tools in global trade. They can serve as a lever for protecting domestic industries, as a source of revenue, and as a geopolitical weapon. In 2025, tariffs are once again dominating headlines, as President Donald Trump, now in his second term, imposes sweeping trade restrictions…