Gene Seroka, executive director Port of Los Angeles:

"Imposing fines for lingering cargo was 'a last resort' but it's starting to help"

According to Gene Seroka, the executive director of the Port of Los Angeles, the port's decision to impose fines for lingering cargo containers was "a last resort," but it's already showing signs of having the desired effect.

The policy, which was effected last Monday, was announced on October 25 by the Port of Los Angeles and the adjoining Port of Long Beach as part of an effort to ease congestion due to the Covid pandemic. Ocean carriers will be charged $100 per day for each truck-bound container that's left for nine days or more. Fines for containers that will leave the facility by rail start accruing on their sixth day.

According to a Port of Los Angeles press release, roughly 40% of imported containers on marine terminals are idling there for at least nine days. That's up from the pre-coronavirus average of four days for containers designated for trucks and two days for those headed to railroads.

Source: cnbc.com


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