The Ports of Long Beach and Los Angeles have announced the continuation of the “Container Dwell Fee” postponement, while the fee implementation would be held off another week, until 20 December.
Since the fee was announced on 25 October, the US twin ports have seen a combined reduction of 47% in ageing cargo on the docks, while the decline one week ago was 37%. Hence, after another week of monitoring data, the executive directors of both ports will reassess fee implementation.
On 29 October, the Harbor Commissions of both ports, in coordination with the Biden-Harris Supply Chain Disruptions Task Force, the US Department of Transportation and multiple stakeholders, approved the temporary policy that ocean carriers can be charged for each import container that falls into one of two below categories.
In the case of containers scheduled to move by truck, ocean carriers could be charged for every container dwelling for nine days or more, while for containers moving by rail, ocean carriers could be charged if a container has dwelled for six days or more.
The ports plan to charge ocean carriers in these two categories US$100 per container, increasing in US$100 increments per container per day until the box leaves the terminal, according to a statement.