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				Coming to an invoice near you: “Load Protection Fees”
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					Posted: 
					
						Jun 24, 2011 10:18 AM
					
					|
					Last Updated: May 31, 2012 02:51 PM
				
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<p class="MsoNormal">COPENHAGEN: It&rsquo;s like restaurants charging people who make reservations and then don&rsquo;t show up. (Actually we&rsquo;re surprised more eateries don&rsquo;t do it.)</p>
<p><span>Shipping giant <a href="http://www.maerskline.com">Maersk </a>is going to start charging shippers who book container space but then never send the actual containers. </span></p>
<p><span>It&rsquo;s a huge chunk &ndash; -&nbsp;up to 30 % of their business &ndash; - and Maersk is tired of accommodating the no-shows.</span></p>
<p><span>According to a story in The Journal of Commerce, Maersk CEO Eivind Kolding said his &ldquo;Load protection Fee&rdquo; will work both ways. </span></p>
<p><span>If Maersk fails to get a container on board, Maersk will compensate the customer. </span></p>
<p><span>The no-show fee will be $100 per dry container and $500 per reefer.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br />
</span></p>
<p><span>According to an interview with Maersk&rsquo;s Senior Director for Charge Management, Network and Product, John Nielsen, in <i>International Freight Weekly</i></span><span>, Maersk will pay compensation the same amounts if they can&rsquo;t deliver because of overbooking, operational constraints or equipment shortages.&nbsp;</span></p>
			
				
				
			
				
				
			
			
			
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					<p class="comment-user-handle">Anonymous</p>
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					<p class="comment-post-date">at 12:22 PM</p>
					
					
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					this souinds great. How about a  100 $ / hr fee for waiting on a load with app. time. U show up at ur app time and if u r not loaded with in one hour u r compansated for ur time.
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