Maritime agency probing tax effect on W. Coast ports

Oct 17, 2011 | 01:10 PM | Catherine Ngai

Tags  ports, AAPA, Port of Seattle, Vancouver, harbor maintenance tax, carriers, transportation, infrastructure Army Corps of Engineers

NEW YORK — The Federal Maritime Commission has launched an investigation to determine if the harbor maintenance tax (HMT) is hurting West Coast ports.

The federal tax imposed on shipments to the United States was established in 1986 to generate funds to pay for dredging maintenance at ports, with the money placed in a trust fund for use by the U.S. Army Corps of Engineers. Port officials argue, however, that the 0.125-percent tax on a cargo’s value has had the unintended effect of driving some U.S.-bound cargo through Canadian or Mexican....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results