Re: Per Diem


Tony Thompson
 

Howard Garner wrote:
Per Diem started at Midnight for the railroad.
The customer had xx days from car placement before they needed to pay per diem.
As Dennis pointed out, the customer charge is not per diem, but demurrage. There was not a fixed time for this, and customers could negotiate with the railroad as what this period would be. But typical numbers were 24 hours for loading, 48 hours for unloading, rather than in days. The customer would "stop the clock" by calling the agent (or yardmaster) and telling him the car was ready for pickup.

Tony Thompson Editor, Signature Press, Berkeley, CA
2906 Forest Ave., Berkeley, CA 94705 www.signaturepress.com
(510) 540-6538; fax, (510) 540-1937; e-mail, tony@signaturepress.com
Publishers of books on railroad history

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