Ocean carriers and terminal operators in the US are closer to having their contentious container demurrage and detention charges curbed by regulators.
Shippers receive huge bills for D&D charges, when in many cases they are unable to collect boxes or return empty containers to overwhelmed terminals. These revenue windfalls appear in the P&L accounts of carriers.
The US Federal Maritime Commission (FMC) has now approved two demurrage and detention initiatives proposed by …
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Source: The Loadstar