(Source: Freight Waves, May 21, 2019)
CHATTANOOGA, Tenn. — At least 35 groups will be testifying before the Surface Transportation Board (STB) this week to provide their perspective on how the Class I railroads assess demurrage and accessorial charges. (Demurrage is issued when cargo exceeds time allotted sitting at a terminal. Accessorial charges are charges made for performing freight services beyond normal pickup and delivery.) The topics have become controversial because some shippers say the changes that the Class I railroads have made in administering the charges are unfair. Because of the interest in the topic, the board will hear testimony for two days, May 22 and May 23, on whether changes need to be made in how the Class I railroads assess these charges.
Full story: Freight Waves