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Code of Federal Regulations Title 49. Transportation § 49.1333.1 Demurrage defined

Current as of January 02, 2025 | Updated by Findlaw Staff

Demurrage is a charge that both compensates rail carriers for the expenses incurred when rail cars are detained beyond a specified period of time (i.e., free time) for loading or unloading, and serves as a penalty for undue car detention to encourage the efficient use of rail cars in the rail network.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 49. Transportation § 49.1333.1 Demurrage defined - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-49-transportation/cfr-sect-49-1333-1/

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