On February 28, the Surface Transportation Board announced a final rule clarifying the regulation of demurrage.
The final rule amends regulations governing the class exemptions for certain commodities.
For these commodities, the final rule clearly states that demurrage continues to be subject to Board regulation.
Additionally, the final rule partially revokes the class exemption that currently covers certain non-grain, agricultural commodities: the exemption will no longer apply to the regulation of demurrage.
The final rule will become effective April 3, 2020.
Information provided by USDA Grain Transportation Report.
