CMA CGM initiated a new incentive program in order to speed up the flow of cargo through the ports of Los Angeles and Long Beach.
The 90-day program is called the “Early Container Pickup Incentive Program”, and offers customers a rebate of up to $200 per import container for pick-up via merchant haulers within the first eight days of arrival on terminals.
CMA CGM hopes that customers will use the incentive to offset costs incurred by tensions on their supply chains. Specifically, they will offer $100 per container for daytime pickup from Monday to Friday and $200 per container at night and on weekends.
CMA CGM will also financially support the Fenix Marine Services terminal, at the Port of Los Angeles, in expanding hours of operation so that containers can be picked up day and night 7 days per week.
Furthermore, CMA CGM added 14 extra loaders and increased the number of available chassis by five times since the beginning of the pandemic.
By incentivizing the movement of containers off the terminals and ensuring pickups can be made on nights and weekends at FMS, we will decrease truck turn times and expedite the flow of goods into the United States. This is just one more way we are working with our port partners and the Biden-Harris Supply Chain Task Force to ensure shelves are full and Americans have access to the vital items they need on a daily basis
said Ed Aldridge, President of CMA CGM and APL North America.
Commenting on the incentive program, Port of Los Angeles Executive Director Gene Seroka, applauded the initiative, which combined with an additional commitment to expand gate hours at Fenix Marine Terminals, can offer a solution to the supply chain crisis in the US.
According to CMA CGM, the new incentive program commitment could exceed $22 million dollars over 90 days.
