TMFs at Los Angeles, Long Beach to Hike 8% Aug. 19
Traffic mitigation fees (TMF) will increase by 8.1 percent at the Ports of Los Angeles and Long Beach, effective Aug. 19, said the West Coast MTO Agreement (WCMTOA). The increase will sustain continued operation of PierPass OffPeak gates amid labor cost increases, the group said. Beginning Aug. 19, the TMF will be increased by $5.00 per TEU (twenty-foot equivalent unit) to $66.50 per twenty-foot container or $133.00 per forty-foot container. The current TMF rates are $61.50 and $123.00.