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PUBLISHER: Freight News (

The Port of New York and New Jersey would implement a new quarterly container imbalance fee for ocean carriers as part of a multipronged effort to handle record cargo volumes spurred by the peak cargo season and a cargo shift from the West Coast, the Port Authority of New York and New Jersey announced on Monday.

The container management fee, targeting excess empty containers being stored in the port for long periods, will be effective from September 1, pending a mandatory federal 30-day notice period. The fee will reduce the number of excess empty containers dwelling at the port and free up much-needed capacity for containers that are full of imports and ready to be picked up by cargo owners, according to Port Authority chairman Kevin O’Toole.

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