LA and LB Port MTOs Delay Raising Traffic Mitigation Fee to Aug. 1
PierPass Inc. has issued an update stating that marine terminal operators at the Ports of Los Angeles and Long Beach will delay until August 1, 2011 their planned increase to the current Traffic Mitigation Fee (TMF) under the West Coast…
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MTO Agreement (WCMTOA) to $60 per TEU. The higher fee is intended to sustain the continued operation of PierPass OffPeak gates. (The prior effective date for the TMF adjustment was July 4, 2011. See ITT's Online Archives or 06/08/11 news, 11060812, for BP summary.)