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December 5, 2014  

 

Carriers Agree to Postpone Congestion Charges through December

 

FMC: Trans-Pacific carriers holding off on congestion surcharges till 2015

 

The U.S. Federal Maritime Commission said Wednesday that 15 trans-Pacific carriers have individually agreed to hold off on imposing U.S. West Coast port congestion surcharges until next year.

 

The 15 ocean carriers that are part of the Transpacific Stabilization Agreement "have individually committed to forego imposition of any port congestion surcharges until 2015," said the Federal Maritime Commission in a press release (here). Members of that agreement include Cosco, China Shipping, Maersk, and Evergreen. "During this time, Commission staff will further address with the carriers our concerns for the lawfulness, fairness, and adequacy of notice of implementation," said FMC Chairman Mario Cordero. "The carriers’ commitment to defer the congestion surcharge offers the opportunity to continue this important dialogue and pursue greater transparency as to the timing and the need for future carrier surcharges. The monitoring by Commission staff of port congestion and related surcharges will continue." Carriers have gone back and forth on plans to add congestion surcharges during the labor dispute affecting the West Coast ports (see 1412020011).

International Trade Today

 

 

Our regulatory experts are monitoring the situation and keeping a close eye on labor negotiations, which began on May 12, 2014. In the meantime we are checking shipment status on a daily/hourly basis to see where our client’s cargo stands in movement towards its final destination. While we can’t control the situation we can keep you informed.

 

 The information contained in this newsletter has been compiled from various industry newsletters and other public sources. While we use reasonable efforts to furnish accurate and up-to-date information Page & Jones, Inc. is not liable or responsible for the accuracy or reliability of any information contained herein.

 



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