Equipment Positioning Service - Export EPS-E
Definition
The Equipment Positioning Service - Export (EPS-E) fee is a charge associated with the logistical process of preparing container equipment for outbound shipments. This fee arises from the need to position empty containers at the designated loading location, ensuring that export operations proceed smoothly and efficiently. Shipping lines typically levy this charge, and it is generally borne by the shipper or their appointed freight forwarder.
The EPS-E fee is applicable when there is a requirement to move empty containers from depots or storage facilities to the exporter's premises or the port of loading. This positioning is crucial in scenarios where there is a disparity between the location of available empty containers and the site where they are needed for loading goods. The cost is calculated based on a variety of factors, including the distance of repositioning and the type of container required.
It is important to distinguish the EPS-E fee from other charges such as demurrage and detention. While demurrage fees pertain to the use of containers beyond the allotted free time at the port, and detention fees apply when containers are retained beyond the agreed period outside the port, the EPS-E fee specifically covers the logistical task of making containers available for export loading.
Practically, shippers and freight forwarders should be attentive to the availability of containers and plan accordingly to avoid unforeseen costs. Coordination with shipping lines to ensure the timely and cost-effective availability of containers can mitigate the impact of these charges. Understanding the nuances of the EPS-E fee can lead to more efficient budgeting and operational planning in the logistics chain.
Summary
Equipment Positioning Service - Export fee for positioning container equipment for export shipments.