Port of New York and New Jersey to impose dwell fee beginning September

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Port of New York and New Jersey to impose dwell fee beginning September

On Tuesday, August 2, 2022 The port of New York and New Jersey announced they will be implementing a new quarterly container imbalance fee for ocean carriers effective September 1, 2022. The new fee is being implemented in an effort to reduce the number of empty containers dwelling at the port. The port of New York and New Jersey continue to handle a record number of cargo volume, and as peak season approaches the Port Authority is working towards freeing up much needed space.

The announcement from the Port Authority of New York and New Jersey also details ocean carrier’s total outgoing container volume requirements, “under this new container management fee, which will be assessed on a quarterly basis, ocean carriers’ total outgoing container volume must equal or exceed 110 percent of their incoming container volume during the same period, or they will be assessed a fee of $100 per container for failing to hit this benchmark. Incoming and outgoing containers include both loaded and empty containers, excluding rail volume.”

The Port Authority has published details on the new container imbalance fee on their website and the fee is subject to a 30 day public comment period. According to the Port Authority’s announcement, “The fee will be reassessed when the global supply chain crisis eases, with a review as needed to the agency’s Board of Commissioners no later than September 2023.”

Krieger Worldwide experts continue to monitor upcoming changes and keep our clients compliant and informed. As peak season approaches and many US Ports face ongoing congestion challenges, Krieger Worldwide solutions specialists are working to strategize new ways to alleviate our clients concerns through additional charter options, strategically using airfreight, storage options and more. Contact us today to discuss how Krieger Worldwide can help solve your logistics needs, together we can!