Companies can do a few things to avoid port storage charges
There are several ways that companies can avoid demurrage and detention charges in the logistics industry:
Plan ahead: One of the best ways to avoid these charges is to carefully plan the transportation of goods, including ensuring that there is sufficient time for loading and unloading at each stop.
Use reliable carriers: Working with reliable carriers that have a good track record of adhering to schedules can help to minimize the risk of delays that could result in demurrage or detention charges.
Communicate with the carrier: If there are any issues or delays that could impact the transportation of goods, it is important to communicate with the carrier as soon as possible. This can help to minimize the risk of additional charges.
Use intermodal transportation: Using intermodal transportation, which involves combining different modes of transportation such as rail and truck, can help to reduce the risk of delays and minimize the risk of demurrage and detention charges.
Negotiate terms with the carrier: Companies can negotiate terms with their carriers in advance, including terms related to demurrage and detention charges, to help mitigate the risk of these charges.
Overall, careful planning, working with reliable carriers, communicating with the carrier, using intermodal transportation, and negotiating terms can all help companies avoid demurrage and detention charges in the logistics industry.
Medical experts are warning that a prolonged strike at ports along the East and Gulf coasts could disrupt the supply of life-saving medications.