
Infrastructure Container Fee (ICF)On Monday, January 14th the L.A. and Long Beach Board of Harbor Commissions are expected to jointly pass an amendment to their tariffs instituting the much anticipated Infrastructure Cargo Fee (ICF). The fee will pay for on-dock rail, road and highway intermodal connector projects and replacement of the Gerald Desmond Bridge - all totaled at roughly $1.4 billion. Revenue generated from the fee will be used to match Prop 1B bond funds approved by the governor last year. Digest of the Fee The ICF is initially set at $30 per FEU and will go into force on January 1, 2009 as the first of several projects are completed. When the Gerald Desmond Bridge project is completed (sometime in 2010) the fee will increase to $36 per FEU. The fee will then increase further around in 2012 when the SR-47 Expressway project is completed. According to documents published by the ports, the fee will then sunset around 2024 when all projects are fully funded. Both Harbor Commissions intend to assess the fee on
cargo owners while marine terminal operators are to collect the fee.
The ICF will be assessed on loaded import and export containers moving
by both rail and truck. Empties are exempt. Problems with the Fee
More Information Click here to read a detailed
memo on the ICF and the projects it will support |