December 1, 2008 // Client Alert: December BAF Amounts

Gerry McDevitt, Director of Logistics Services

Dear Valued Client,

As we noted in previous alerts, ocean carriers have implemented a floating fuel surcharge. Most of the carriers have implemented a monthly floating bunker, while others have implemented a quarterly floating bunker. Of the carriers with a quarterly floating bunker, some have chosen a calendar quarter, while others have moved to quarterly bunkers from contract initiation (August 1, November 1, February 1, May 1).

Click the link below to view the BAF amount matrix [PDF], which denotes what each carrier is charging for the month of December.

Please take note that any rates received prior to this announcement will be adjusted by the differences noted in the BAF amount matrix. Some carriers have reduced their BAF for December, while the remaining carriers have held the same BAF as the previous month. This applies only to Asia–U.S. business.

Best regards,
Mohawk Global Logistics

// December BAF Amount Matrix [PDF]