Bunker Fuel Charges Rising

To: All Valued Global Container Line Customers

From: Global Container Line and Global Transportation Services, Inc.
Re: Increase of BAF & IFS (2^nd Quarter 2010)

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Please be advised that we have been notified by our steamship partners of upcoming amendments to:

Bunker Adjustment Factor (BAF)                    INCREASE

Inland Fuel Surcharge (IFS)                              INCREASE

These amendments are due to changes in costs and current market conditions

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BAF (Bunker Adjustment Factor)                    (INCREASE)

Except as otherwise provided, a Bunker Adjustment Factor (BAF) surcharge shall apply as follows

From: China, Macau, Hong Kong, Taiwan, Korea, Philippines, Malaysia, Singapore, Indonesia, Japan, Thailand, India, Bangladesh, Sri Lanka, Brunei, Cambodia, Myanmar, Pakistan, Vietnam, United Arab Emirates, Turkey, Jordan, Qatar, Oman

To: United States

USWC

Per W/M, M, W                     $10.00                   (1^st Quarter 2010 rate: $10.00)      

Per 20 Ft. Container           $294.00                 (1^st Quarter 2010 rate: $278.00)

Per 40 Ft. Container           $368.00                 (1^st Quarter 2010 rate: $348.00)

Per 40 Ft. High Cube          $414.00                 (1^st Quarter 2010 rate: $392.00)

Per 45 Ft. Container           $466.00                 (1^st Quarter 2010 rate: $441.00)

USEC

Per W/M, M, W                     $15.00                   (1^st Quarter 2010 rate: $10.00)

Per 20 Ft. Container           $582.00                 (1^st Quarter 2010 rate: $551.00)

Per 40 Ft. Container           $727.00                 (1^st Quarter 2010 rate: $689.00)

Per 40 Ft. High Cube          $818.00                 (1^st Quarter 2010 rate: $775.00)

Per 45 Ft. Container           $920.00                 (1^st Quarter 2010 rate: $872.00)

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IFS - (Inland Fuel Surcharge)                           (INCREASE)

In order to recover increased costs incurred by Carrier for inland (truck and rail) transportation in connection with intermodal ("IPI"), reverse inland point intermodal ("RIPI"), West Coast & East Coast  Local  Store Door Delivery ("SDD") shipments, an Inland Fuel Surcharge will be applicable to all cargo from China, Macau, Hong Kong, Taiwan, Korea, Philippines, Malaysia, Singapore, Indonesia, Japan, Thailand, India, Bangladesh, Sri Lanka, Brunei, Cambodia, Myanmar, Pakistan, Vietnam, United Arab Emirates, Turkey, Jordan, Qatar, Oman, for the following amounts:

$61.00 per container for West Coast and East Coast Local SDD cargo  

(1^st Quarter 2010 rate: $58.00)

$211.00 per container for IPI (via USWC)

                (1^st Quarter 2010 rate: $200.00)

$106.00 per container for RIPI (via USEC)

(1^st Quarter 2010 rate: $100.00)

$7.00 W/M for LCL IPI, RIPI and MLB cargo         

(1^st Quarter 2010 rate: $7.00)

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