Long Beach waives three days demurrage in recognition of high congestion
THE Port of Long Beach is waiving three days of demurrage fees on overseas import containers in recognition of the increased dwell time in the current period of seasonal congestion.
"Terminal congestion is unfortunate, an exceptional occurrence, so I am using my authority to waive demurrage fees through the end of the month," said port's CEO Jon Slangerup.
The decision was taken to relieve cargo owners burdens in a period of high congestion as the port works to eliminate cargo delivery delays.
Until Friday, October 31, the "free" time been extended from four to seven business days. Cargo owners typically work to have their imported cargo containers picked up within free time or face demurrage fees.