New container imbalance fee to minimise congestion due to excess empty containers

Port Authority of NY and NJ have announced a new container fee payable by ocean carriers. The fee will be levied when the outbound containers don’t exceed inbound containers by 110% in the same period. The port authority also plans to find additional space to store containers near the port, and already has identified 12 acres on the port.

It seems that these two measures are what works to reduce congestion. The same two kinds of measures were invoked at the Port of LA and Port of Long Beach to get ocean lines to start moving empties out. In California, though, the container fees were just threatened; they never were begun. that alone was enough for ocean carriers to start moving containers out.

Perhaps we have found a credible set of options to get container carriers to move those boxes.

Kim BiggarAugust 3, 2022

Port Authority of NY and NJ announces new container imbalance fee to minimise congestion due to excess empty containers – Splash247