demurrage
Demurrage and detention from a carload perspective
The terms Demurrage and Detention are used quite a bit in the rail industry. Sometimes they seem to be used interchangeably or used differently depending on the type of rail shipping (i.e. intermodal vs. carload). If you have ever wondered about the meaning and usage of these terms particularly within...
Railroad Demurrage Liability Changes
On April 9, 2014 the Surface Transportation Board (STB) decided to revise the existing rules pertaining to 1) who may charge demurrage and 2) who is subject to demurrage. The new rules took effect on July 15, 2014. The complete decision and related statements to support the decision may be...
Demurrage charges – trust, but verify
The results were surprising to them: they found $14,000.00 of inaccuracies in one month. Full disclosure: This shipper is one of our customers and they did solve their problem with our product. All the same, I think their experience will be a valuable one to you regardless of whether you...
Railroad Demurrage Basics
Private Car Storage versus Demurrage Most railroads use the term Demurrage when describing the charges for privately owned railcars sitting on railroad property too long and the charges for using railroad owned railcars too long (during loading or unloading). A few railroads use the term Private Car Storage for charges...