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NORD YOUNG


Why a $33.7 Million Demurrage Claim Failed: The Peloton Decision and How U.S. Detention and Demurrage Actually Works
On September 9, a Federal Maritime Commission administrative law judge rejected Peloton Interactive's claim against Flexport in full. The company had sought $33.7 million in detention, demurrage, and storage charges accumulated during the pandemic-era supply chain disruption. It recovered nothing. The breakdown of what was claimed is instructive. Roughly $13.8 million in demurrage, $16.2 million in equipment detention, and $3.7 million in yard and warehouse storage, across th
Richard Young
16 hours ago7 min read


Business Interruption for Shoreside Operations: The Extensions That Decide Whether It Pays
For a terminal operator, warehouse, or forwarder, revenue can stop overnight while costs carry on. Rent, equipment leases, payroll, and financing do not pause because a fire closed your facility or a windstorm took the roof off. Business interruption coverage exists to bridge exactly that gap, and for an operation with high fixed costs it is frequently the difference between a difficult year and a closed business. It is also the coverage most often bought at the base level an
Richard Young
Sep 38 min read
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