On April 13, TOTE Maritime Alaska announced and filed a 2% reduction in its ocean-fuel-related surcharge from 24% to 22% with an effective date of April 26. Due to rapidly changing circumstances, we are modifying our longstanding process regarding fuel review to announce a further reduction of 2.5%. Therefore, effective April 26, TOTE Maritime Alaska’s new ocean-fuel-related surcharge will be 19.5%.
TOTE Maritime Alaska has filed to decrease its ocean-fuel-related surcharge as published in tariff STB TOTE 101-A as follows:
Tariff Item 345 shall be decreased 4.5% from 24% to 19.5% effective Sunday, April 26, 2020.
We will continue to closely monitor fuel costs and make further adjustments to the ocean fuel surcharge as appropriate.
Please contact your TOTE Maritime Alaska sales representative with any questions.
Thank you very much for your support.