Best Practices
Use these guidelines to design and maintain effective free time policies.
Policy creation
- Use clear, descriptive names that indicate the policy type or location.
- Define intervals that align with industry standards for your region.
- Ensure interval ranges are consecutive without gaps.
- Set pricing that reflects actual terminal or storage costs plus margin.
Pricing structure
- Start with a reasonable free period (typically 5–10 days).
- Increase pricing progressively to encourage timely action.
- Review competitor pricing to remain competitive.
Policy management
- Review and update free time policies when terminal tariffs change.
- Maintain consistency across similar routes or services.
- Document any policy changes and effective dates.
- Communicate changes to customers in advance.
Common questions
What happens if a container stays beyond the last interval?
Typically, the last interval pricing continues to apply daily. Check with your operations team for specific policies.
Can I have different free time policies for different ports?
Yes, create separate free time policies with distinct names for each port or service type.
How do I change pricing for just one interval?
Edit the free time policy and update the specific interval’s 20’ and/or 40’ pricing fields.
Do I need to define all 5 intervals?
No, you can define as few or as many intervals as needed. Many policies use 3–5 intervals depending on typical storage patterns.
Can I set different free time for import vs. export?
Yes, create separate free time policies (e.g., F10 Export and F10 Import) with different interval structures.