TSI slashes demurrage costs by 50%

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VANCOUVER, B.C. — TSI Terminals in Vancouver has just issued a bulletin announcing reduced demurrage costs until August 19, 05 as it attempts to deal with the backlog of containers caused by the five-week trucker strike.

TSI Terminals bulletin states: "Due to the Container truck dispute in Vancouver and the associated hardship/cost that this dispute has caused all our customers, TSI has reviewed our tariff policy on demurrage charges and would like to advise you of the following:


1. For all Import C.Y. Truck containers that have been stored at Deltaport/Vanterm during the Vancouver container truck dispute, demurrage charges will be assessed at 50% of our tariff rates.

2. The reduced demurrage charges will be in effect until the end of business on Friday, August 19, 2005 at which time we anticipate that through the cooperation of all stakeholders we will be back to normal operations. After that date demurrage charges will be assessed as per TSI’s tariff.

3. All demurrage charges must be protected in full by either fax or by e-mail to the respective terminals C.Y. Services departments at the numbers indicated below prior to picking up containers. When billing the demurrage charges TSI will automatically reduce the invoice by 50%.

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