Code of Federal Regulations (Last Updated: October 10, 2024) |
Title 49 - Transportation |
Subtitle B - Other Regulations Relating to Transportation |
Chapter X - Surface Transportation Board |
SubChapter D - Carrier Rates and Service Terms |
Part 1333 - Demurrage Liability |
§ 1333.1 - Demurrage defined.
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§ 1333.1 Demurrage defined.
Demurrage is a charge that both compensates rail carriers for the expenses incurred when rail cars are detained beyond a specified period of time (i.e., free time) for loading or unloading, and serves as a penalty for undue car detention to encourage the efficient use of rail cars in the rail network.