Thursday, July 19, 2012
Increase in Traffic Mitigation Fee (TMF) at
Ports of Los Angeles and Long Beach
The West Coast Marine Terminal Operators announced there will be a 2.5% increase in the TMF. The increase will take effect on August 1, 2012. The TMF will be increased by $1.50 per TEU (twenty-foot equivalent unit) to $61.50 per twenty-foot container and $123 per forty-foot container.
The TMF helps pay for night and Saturday marine terminal shifts created by the PierPass OffPeak program designed to relieve daytime congestion in and around the ports by providing a financial incentive to move cargo during less congested times. The TMF is charged for non-exempt containers moving during peak hours (Monday through Friday, 3:00 AM – 6:00 PM).
To learn more about the program please refer to their web site at: www.pierpass-tmf.org