Is TMF the same as pier pass?

The financial incentive provided by the TMF is a crucial aspect of the PierPASS OffPeak program's success. By rewarding cargo movements during less-congested times, it encourages companies to adjust their schedules and contribute to the overall smooth functioning of the ports.

The TMF, an acronym for a specific financial mechanism, plays a pivotal role in alleviating congestion within and around ports. Its primary function is to subsidize the costs associated with the night and Saturday marine terminal shifts instituted by the PierPASS OffPeak program.

The PierPASS OffPeak program is a strategic initiative aimed at reducing daytime congestion in and around ports. By incentivizing cargo handling during off-peak hours, the program seeks to optimize operational efficiency and minimize disruptions caused by heavy traffic.

The TMF contributes to this goal by offering financial support to those involved in the night and Saturday shifts. This assistance helps cover the additional costs incurred during these non-traditional working hours, making it economically feasible for companies to participate in the OffPeak program.

In addition to its direct impact on port congestion, the TMF also fosters a culture of collaboration and cooperation among stakeholders. By recognizing the efforts of those who participate in the OffPeak program, it reinforces the importance of working together towards a common goal.