Cargo rollover happens for a variety of reasons, at various stages and various places. Cargo rollover can cause significant delays and result in potentially crippling operations.
Most shippers assume carriers would send rollover notifications, but only a few carriers seem to notify customers in advance that their cargo is about to be rolled or has been rolled. This especially happens when transhipment is involved and catches many customers by surprise and upsets their production or sales plans.
What most customers don’t know is that there is a reliable way to get advance warning of cargo rollover so that they can take suitable action.
International trade continues to experience growing pains related to demurrage and detention charges.
Unfortunately, global transport interpretations result in an assumption that these terms are interchangeable.
Depending on the origin and destination, they have different meanings, especially in the U.S. In fact, the Federal Maritime Commission (FMC) took the exuberant step to eliminate confusion and streamline port management.
While beneficial, the new interpretive rule still leaves room for error, notes FleetOwner, lacking the force of legally bound duties.
To avoid an assumption of decreased demurrage and detention fees and keep ocean freight spend under control, shippers need to understand their real impacts and how these fees amount to significant issues in the global supply chain.