Top shipping officials this week said that a Biden administration-backed plan to issue emergency fees for containers lingering too long won’t work and will lead to chaos.
Earlier this week, the ports of Los Angeles and Long Beach in California announced they would fine ocean carriers for containers that stay too long at port terminals. They said the move is designed to alleviate supply-chain bottlenecks, coming after President Joe Biden pressed the heads of the California ports to move to 24/7 operation.
