Correlation between demurrage, detention and freight rates
Demurrage and Detention – two terms that may be at the top of the most controversial charges levied by shipping lines..
Demurrage is a charge levied by a shipping line to the consignee while the full container is in their custody within a port or terminal..
Detention is a charge levied by a shipping line to the consignee from the time the full container is released till the time the empty container is returned to a container depot nominated by the shipping line..
8 tips to reduce freight forwarding expenses
- Evaluate your method of transportation
- Ship during off-peak periods
- Ship during off-peak periods
- Be aware of additional charges
- Go hybrid
- Hire carriers based near your ship-to points
- Hire carriers based near your ship-to points
- Choose your discounts wisely
