LA-Long Beach grace period extended to November 29
THE Port of Los Angeles and Port of Long Beach will once again postpone the new “Container Dwell Fee” until November 29, reports Massachusetts Logistics Management.
The San Pedro Bay ports cite continued progress moving containers off marine terminals. Since the fee was announced October 25, the twin ports have seen a decline of 33 per cent combined in aging cargo on the docks.
Under the temporary policy approved by the Harbour Commissions of both ports, ocean carriers can be charged a daily fee for each import container lingering for extended periods.
The fee was initially expected to be assessed on November 15, but was postponed until this week.