Norfolk Southern Railway (Norfolk Southern Railway) will cancel the past two years to take several measures to speed up the flow of goods, is now intermodal terminal liquidity greatly improved recognition.
In 2021 and 2022, due to the import surge, NS implemented several restrictive measures, including reducing the allowed idle time and increasing the demurrage penalty for cargo owners who did not recover their ocean freight in time.
Maritime Demurrage (DEM) refers to the overdue (overdue) use of containers controlled by the carrier or its agent. Generally speaking, the free demurrage given by the shipping company is three days. If the box is not brought out of the port area within three days, the shipping company will start to collect the demurrage money.
According to the United States Northern Intermodal Transport Association (intermodal Association of North) data show that as of April this year, the United States Northeast international intermodal transport volume fell 11.5 percent, the Southeast fell 5.9 percent America (IANA).
Railroad said in a customer advisory that it would restore two days of free time to allow shippers to pick up import containers at less busy inland hubs such as Baltimore, Charlotte and New Orleans, as well as terminals in Alabama and Pennsylvania, which are described as "secondary" facilities. It will also reduce rail storage charges, so-called demurrage charges, if shippers do not retrieve containers within the allowed free time at all intermodal terminals.
Both changes will take effect on July 10.
NS Intermodal and Automotive Vice President Shawn Tureman said, "In response to the current changing freight environment and market conditions where seaborne cargo is transported by rail out of the U.S. East Coast ports, we have restructured our storage program. This updated program provides flexibility for our partners and shippers while remaining focused on terminal mobility.
Most shippers will pay less rail storage fees
Under the new NS fee structure, shippers will pay a demurrage rate of $100 per container per day for up to five days. On the sixth and seventh days, the fee will increase to $200 per day, and then on all future days to $500.
NS will impose the same fee on all of its intermodal terminals; "Tier 1" facilities such as Atlanta, Chicago or Kansas City have existing fee structures that charge more than "Tier 2" facilities.
Under the new rules, the penalty will be reduced for shippers who pick up goods within 10 days of the demurrage fee taking effect. For example, if the importer is now required to pay a one-week demurrage fee, it would be required to pay $2,000 per container at the primary facility and $1,490 per container at the secondary facility. Under the new fee structure, shippers at all facilities will owe $900 per container. Most shippers will pay less rail storage fees.
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