The Panama Canal Authority has introduced a new booking reservation system, the Long-Term Slot Allocation (LoTSA), to regulate canal crossing reservations. This system, which will take effect on 1 January 2025, has significantly increased operational costs for CMA CGM. To offset these additional costs while continuing to provide reliable services transiting through the Panama Canal, […] The post CMA CGM applies Panama Canal Transit Surcharge from Far East to US East Coast & US Gulf appeared first on Container News .