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You are here: Home Archive 2009 August 06 Botany's US pricing model losing money

Botany's US pricing model losing money

by Sam Collyer and Janet Porter - Lloyd's List last modified Aug 06, 2009 11:34 AM

US west coast container terminal operators will keep their PierPass fee at the same level, despite losing money on the scheme which has since been used as a model for a proposed peak pricing scheme at Sydney's Port Botany.

  
Botany's US pricing model losing money

Long Beach: Cargo and revenue decline

Stevedores in the adjacent ports of Los Angeles and Long Beach have agreed to keep their PierPass fee at US$50 a teu, a level set when cargo volumes were booming.

The PierPass scheme was established in 2005 to encourage more trucks...

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