demurrage charges

STB Chairman Marty Oberman has sent letters to all the Class I railroads asking them how the railroads are applying storage fees at key container terminals while the supply chain is congested.

The Surface Transportation Board’s final rule on what information should be included in a demurrage billing statement provides transparency and accountability in a process shippers sometimes see as opaque.

The board hopes the decisions will clarify the controversial practice for stakeholders.

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