A Guide to Incoterms
Choosing the best term to use isn’t a straightforward decision. Still, it is of utmost importance for buyers and sellers to agree on the Incoterm that will be used for their transaction.
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Find easy-to-understand explanations of the most common freight forwarding and shipment terms
Detention/Warehouse Fee
A Detention/Warehouse Fee is a fee assessed to a shipper or consignee when freight is being held in the warehouse for longer than agreed.
This can happen due to slow loading/unloading by the shipper/consignee, lack of equipment availability, or other issues that delay delivery. These fees are typically charged per day and vary depending on the carrier.
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