Storage Charges
Storage charges are fees applied when cargo remains in a warehouse, terminal, or port facility beyond the allowed free storage period. Most facilities provide a limited number of free days for cargo to be cleared or collected. Once this period expires, charges begin to apply. The purpose is to discourage long-term storage in operational areas.
These charges often arise due to delays in customs clearance, missing documents, unpaid duties, or a lack of transport arrangements. Storage fees are usually calculated daily and may increase the longer the cargo stays. Rates can vary depending on cargo type, volume, weight, or facility rules. This can significantly increase total logistics costs if not managed properly.
Storage charges help terminals and warehouses manage space efficiently. These facilities are designed for cargo movement, not long-term holding. When cargo sits idle, it affects capacity and workflow. Charging storage fees encourages faster clearance and pickup.
Overall, understanding storage charges is essential for cost control in logistics. Timely documentation, early clearance planning, and quick transport arrangements help avoid unnecessary fees. Reducing storage time keeps shipments moving smoothly. It also supports efficient terminal and warehouse operations.
Frequently Asked Questions about Storage Charges
Clear answers to the most common questions people have when learning about Storage Charges.
They begin once the free storage period provided by the warehouse or terminal has expired.
They are commonly charged per day based on cargo type, size, weight, or storage area used.
By completing customs clearance on time and arranging prompt pickup or onward transport within the free period.