ILTA on December 6 submitted reply comments on the Surface Transportation Board’s proposal to modify its regulations regarding demurrage billing requirements. ILTA reaffirmed its previous comments submitted on November 6, strongly supporting the STB’s proposal as a significant and positive step forward.
ILTA thanked STB for its willingness to address the unintended consequences brought about by the 2014 regulations concerning the assessment of demurrage charges. ILTA believes the proposed rule will bring greater fairness and clarity to the assessment and collection of demurrage charges.