Posted at 11:55 a.m., Wednesday, December 26, 2007
Horizon Lines plans 32 percent fuel surcharge
Advertiser Staff
Horizon Lines, the No. 2 ocean freight carrier to Hawai'i, will increase its fuel surcharge by 3 percentage points to 32 percent on Feb. 4.The ocean carrier said the surcharge will be in effect for shipments between the Mainland, Hawai'i and Guam and is necessary because of an "unprecedented bunker fuel costs" increase over the past six weeks.
"There is simply no way to avoid the impact that rapidly increasing fuel costs have had on our operating cost," said Horizon. It said there are some signs the fuel costs will taper off in coming weeks, and if so, it will adjusted its surcharge downward.
The planned increase follows a Dec. 17 jump in the surcharge from 24 percent to 29 percent.
