As the global supply chain continues to grapple with the challenges of the pandemic era, the New York-New Jersey Port Authority is taking steps to address a growing concern: the rising backlog of empty shipping containers. In an effort to combat this issue, officials are updating the port's tariff to make it more costly for shipping companies to hold onto these empty containers for extended periods. The move aims to incentivize carriers to move containers more efficiently and reduce congestion at the port, which is one of the busiest in the country. By implementing this new tariff, the Port Authority hopes to mitigate the impact of the backlog on local businesses and residents who rely on the port for trade and commerce.
NY-NJ updating port tariff to combat rising backlog of empty boxes Journal of Commerce
