D&D Management
To take full advantage of OSRA 2022, BCOs must have the processes, tasks and KPIs in place to comply with the, “Rules of the game”. Unfortunately, these timing and invoice content demands can be so burdensome that U.S. importers & exporters have neither the time, nor the resources to manage such a detailed and labor-intensive undertaking.
Given these constraints, KIN Logistic Solutions has designed a service for D&D invoice management. Whether you’re an importer or a drayage company administering D&D on behalf of shippers, KIN has the operational knowledge and understanding of OSRA 2022, corresponding Final Rules and regulations to design, execute and measure a successful D&D Invoice Management Program.
Demurrage and Detention Management
Whereas OSRA 2022 achieved its objective of protecting BCOs from predatory D&D invoicing practices, the Final Rule does contain timelines for the issuance, acceptance or disputation of D&D invoices. In addition to this “30-Day Rule”, there are also numerous invoice content requirements that must be followed by the billing party.
Features of KIN services for Demurrage & Detention Invoice Management include:
- Receipt and logging of demurrage & detention invoices from carriers and MTOs
- Initial check for compliance with 30-day rule for invoice issuance by carrier/MTO
- Immediate invoice review for required data elements
- Analysis of validity of container-specific D&D invoice charges
- Identification and reporting of non-compliant invoices
- Execution of container-specific research to support D&D charge disputes
- Management of 30-day dispute requirement for BCOs
- Beginning-to-End management of disputed D&D invoices
- Coordination of OSRA 2022 Charge Complaint process
- Full suite of Key Performance Indicators, D&D Dashboard and reports
For more information on KIN’s OSRA 2022 Demurrage & Detention Invoice Management Program, write to imran.shaikh@kinlogic.com.