APICS Certified in Logistics, Transportation and Distribution (CLTD) — Question 12

The surcharge applied by shipping lines to sea freight to offset adverse variation in fuel cost is called:

Answer options

• A. repositioning charge
• B. peak season surcharge
• C. currency adjustment factor
• D. bunker adjustment factor

Correct answer: B

Explanation

The correct answer is B, as the peak season surcharge is specifically used to cover increased operational costs during busy periods, which can include fuel price changes. Options A and C refer to different types of charges and adjustments that do not directly relate to fuel costs, while D, the bunker adjustment factor, is also related to fuel but is not the correct term for this specific question.