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FMC: Trans-Pacific Carriers Holding Off on Congestion Surcharges Till 2015

(Mark Szakonyi – JOC)

The U.S. Federal Maritime Commission said Wednesday that 15 trans-Pacific carriers have individually agreed to hold off on imposing U.S. West Coast port congestion surcharges until next year.

The announcement from the U.S. maritime regulatory agency comes after at least 13 carriers last week reinstated port congestion surcharges for imports into the U.S. West Coast. Ongoing congestion — caused by labor slowdowns, near record volume, chassis dislocation and marine terminals’ inability to handle larger vessels — has cost carriers millions of dollars and wreaked havoc on supply chains. Read more here.