The ports of Los Angeles and Long Beach have decided to delay consideration of the "container dwell fee", directed at ocean carriers, until 22 November. The decision comes as there is improvement in the situation at the Californian box terminals.
Port of Long Beach Executive Director Mario Cordero: "We’re encouraged by the progress our supply chain partners have made in helping our terminals shed long-dwelling import containers. Clearly, everyone is working together to speed the movement of cargo and reduce the backlog of ships off the coast as quickly as possible.”
Since the fee was announced on 25 October, the San Pedro Bay ports have seen a decline of 26% combined in aging cargo on the docks. This encouraging momentum supports a delay in the implementation of the fee.
Source: container-news.com