Artificial intelligence has long since moved beyond merely analysing data – now it plans, coordinates, and increasingly makes decisions independently. ...
← Logistics Dictionary
Demurrage
What is Demurrage charge?
Demurrage is a fee levied on a consignee by a consignor in case rented containers are not cleared at the port or terminal and returned to the consignor's named place.
Normally, laytime (a free allotted time) is given to the consignee. Within this free time, the consignee must clear and return the container. Otherwise, a fee is chargeable for overstaying his time at the port.
You may also be interested in these articles
What does the EU AI Act mean for logistics?
Legal uncertainty is one of the most common reasons why companies are hesitant to adopt artificial intelligence. In Germany, for ...
Partner Store: How DHL is facilitating the transition to alternative drive systems
The transition to battery-electric or biogas-powered commercial vehicles rarely fails due to a lack of will, but rather due to ...