PierPass Traffic Mitigation Fee Increase Takes Effect Aug. 1

The Traffic Mitigation Fee (TMF) at the Ports of Los Angeles and Long Beach will increase beginning on Aug. 1, said PierPass, a not-for-profit company owned by the ports' marine terminal operators (here). The increase, from $66.50 per TEU (twenty-foot equivalent unit) to $69.17 per TEU or $138.34 per forty-foot container, "will sustain continued operation of PierPass OffPeak gates amid labor cost increases," said PierPass. The change to the TMF reflects the increased labor costs related to the agreement between the International Longshore and Warehouse Union and Pacific Maritime Association (see 1505260013), it said.