Tuesday, October 21, 2014
Port of Long Beach issues temporary October demurrage waiver
The Port of Long Beach announced it will add an extra three days to the time that foreign import containers can remain on the docks without charge, to give cargo owners a break as the system works to eliminate cargo delivery delays.
From Saturday, Oct. 18, through Friday, Oct. 31, the "free" time has been extended from four to seven business days, according to the port website. BCOs usually plan to pick up imported cargo containers within free time or face "demurrage" or storage fees. The port cannot waive demurrage retroactively.
Due to a boost in cargo shipments arriving for the peak holiday shopping season, the advent of larger ships that can carry 50 percent more cargo and a shortage of truck chassis to haul containers, cargo at the port has been backed up in recent weeks.
"The terminal congestion is very unfortunate, and a truly exceptional occurrence, so I am using my authority to waive demurrage fees through the end of the month," said Jon Slangerup, chief executive of the Port of Long Beach.
Port of Long Beach officials say they are doing what they can to help terminal operators ease congestion and improve the flow of cargo.
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