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How Is Harbor Maintenance Fee Calculated?

January 24, 2024 by David Evans

How Is Harbor Maintenance Fee Calculated? There is a simple formula to calculate the Harbor Maintenance Fee: HMF = value of shipment X 0.125. For example, on a $10,000 shipment, the HMF would be $12.50 ($10,000 X 0.125). Unlike the Merchandise Processing Fee (MPF), HMF does not have a minimum or maximum charge. What is

How Much Is The Harbor Maintenance Fee?

January 24, 2024 by Ahmed Ali

How Much Is The Harbor Maintenance Fee? The HMF is only collected on imports, domestic shipments, Foreign-Trade Zone (FTZ) admissions, and passengers. The fee is assessed based on the value of the shipment. They are required to pay . 125% of the value of the commercial cargo shipped through identified ports. What is the maximum