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Notes

§1333.1. Demurrage defined.

49 C.F.R. § 1333.1

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.
Notes, amendments, and revision history

Authority

Authority: 49 U.S.C. 1321, 10702, and 10746.

Source

Source: 79 FR 21412, Apr. 16, 2014, unless otherwise noted.