California Ports Again Postpone New Surcharges
The ports of Los Angeles and Long Beach again postponed a new surcharge meant to incentivize the movement of dwelling containers, the two ports announced Dec. 13. The ports originally planned to begin imposing the fee Nov. 15 (see 2111030027) but have postponed it several times (see 2111290039 and 2112060041). Both ports said they've seen a combined decline of 47% in aging cargo on their docks since the fee was announced in October (see 2110280031). The latest extension delays the effective date to Dec. 20.