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Daytime Terminal Reservation Fee & New Cancellation Rules
TSI Terminal Systems Inc. Jun 18, 2014
TSI Terminal Systems Inc. (TSI) and DP World (Canada) Inc. (DP World) have notified terminal users that the day time reservation fee announced in May has now been set at $50 , with terminals subsidizing the actual costs by one quarter to one half, depending on the terminal.
The amount was set following a detailed analysis of operating costs undertaken by third-party management consulting firm KPMG. Details of this analysis have been shared with Port Metro Vancouver. The use of a fee for day time reservations is consistent with North American best practices .
The additional operating hours at the terminals will create 377 jobs (including direct, indirect and induced), reduce truck traffic and congestion during peak daytime hours, maximize the use of existing port infrastructure and create more opportunities for growth by offering a wider range of access times at the terminals for container truckers. These benefits will be achieved with no need for additional capital funding by the terminals or the governments
Read Full Article on TSI Terminal Systems Inc. »