Peak Season Surcharge Extension (French)

Issue 041, November 13, 2007

Peak season is now a predictable trend in the Asia Pacific to Canada import market during the latter half of the year. The main drivers for this are the continued economic (export) growth out of Asia exceeding available capacity; the growing imbalance between import & export trade; as well as general inflationary economic trends and spiraling fuel costs, which are driving price increases not only in the ocean freight industry, but throughout all sectors of the global economy.

As a result of these market forces, Ocean Freight Carriers and DHL Global Forwarding will extend the current Peak Season Surcharge until February 15th, 2008. The published quantum is $320 per 20’ container $400 per 40’ container and $450 per 40’hc container.

This affects all cargo moving from East Asia (Korea, China, Taiwan, Vietnam, South East Asia, Thailand, and Singapore) to Canada.

While market forces are driving prices upward, rest assured DHL Global Forwarding is doing everything possible to plan and block capacity for this critical period. Should you have questions, please contact your local sales representative for more information.

Sincerely,

Troy Cowen
Director, Ocean Freight Canada