STB tackles rail demurrage issue head on

14/10/2019

The Surface Transportation Board (STB), the US regulatory body that covers rail and road transport, is set to follow its maritime equivalent, the Federal Maritime Commission (FMC), in investigating the imposition of demurrage fees on shippers by carriers, according to Material Handling & Logistics. As with shipping lines, intermodal operators stand accused of abusing the demurrage system to increase profits and which this article claims is the result of rail companies introducing Precision Scheduled Railroading (PSR) strategies which have improved ...