Demurrage income driving carriers into 'hurry-up-and-wait' scenario
The ability of container carriers to levy high demurrage charges on shippers is holding back ...
A seven-month investigation by the US Federal Maritime Commission (FMC) is set to see the light of day, with a preliminary report highlighting concerns long-expressed by shippers: namely how container demurrage, detention and per diem fees have been levied in US ports on importers. Freightwaves says the FMC report stems from a 2016 petition which sought for better regulation of fees imposed by carriers and terminal operators. And the numbers on their own explain why – these fees skyrocketed in ...
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