LA and LB Port MTOs to Raise Traffic Mitigation Fee
PierPass Inc. has issued an advisory announcing that marine terminal operators at the Ports of Los Angeles and Long Beach will raise the current Traffic Mitigation Fee (TMF) under the West Coast MTO Agreement (WCMTOA) at the Ports to $60…
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per TEU in order to sustain continued operation of PierPass OffPeak gates. The TMF adjustment is effective July 4, 2011. The advisory is available by emailing documents@brokerpower.com.