Saturday, November 26, 2022

FMC

The Federal Maritime Commission (FMC), an independent federal agency responsible for regulating the U.S. international ocean transportation system for the benefit of U.S. exporters, importers, and the U.S. consumer seems to have been busy and on...
"ocean carriers are refusing to take American exports back to Asia, leaving with empty containers instead. That’s costing farmers and ranchers—and our economy—a lot of money. This bill will make progress reducing costs for families and ensuring...

President Biden signs The Ocean Shipping Reform Act of 2022 into Law

Well, that was quick.. 🙂 On Thursday, the 16th of June 2022, the 46th President of the United States - Joseph Robinette Biden Jr. signed...

Federal Maritime Commission notches another victory in empty container detention case – Hapag Lloyd to settle

Hapag Lloyd, the 5th largest container shipping line in the world operating over 1.7 million TEUs and 249 ships became the 2nd carrier to...

Mutually enforceable contracts are key to overcoming future supply chain crunch – Fact Finding 29

- Drastic ocean freight rate increase due to market forces of supply and demand - A dozen recommendations made to alleviate US supply chains disruptions -...

Total reliance of USA on China for container and chassis manufacturing questioned

"The primary causes of supply chain disruption were the massive swing of cargo in the spring and summer of 2020, the challenge in handling...

Federal Maritime Commission turns the heat on opportunistic carriers for US exports

In response to complaints from the trade and market in general, the Federal Maritime Commission's (FMC) focus has been on assisting US importers with...

Are US exporters really being shunned by the carriers?

The Port of Los Angeles posted another record performance in February 2022 breaking its own record, handling 857,764 TEUs which is an increase of...

Federal Maritime Commission extends deadline for Demurrage & Detention ANPRM Comments

The Federal Maritime Commission (FMC) issued an Advance Notice of Proposed Rulemaking (ANPRM), seeking comments from the trade (public) whether they should require common...

The Federal Maritime Commission needs your inputs on demurrage and detention

Demurrage and Detention charges, the pain in the posterior, the bane of existence for BCOs, the mega bone of contention between carriers and customers,...

White House announces measures to monitor ocean carrier freight pricing

"Department of Justice and the Federal Maritime Commission (FMC) to make sure that large ocean freight companies cannot take advantage of U.S. businesses and...

FMC Maritime Transportation Data Initiative – Next meeting with Warehouse, Distribution, and 3PL Sectors

In December 2021, the Chairman of The Federal Maritime Commission (FMC), Daniel B. Maffei appointed Commissioner Carl Bentzel to spearhead an initiative of the FMC to...

Meeting schedule for Federal Maritime Commission’s Maritime Data Infrastructure initiative

In December 2021, the Chairman of The Federal Maritime Commission (FMC), Daniel B. Maffei appointed Commissioner Carl Bentzel to spearhead an initiative of the...

Will delays in peak season inventory lead to a cooling down in the freight market..??

The extraordinary growth figures of the US retail sector cannot hold up forever. 2022 might be the year it falters, taking the trucking market...

Wan Hai lines comes under Federal Maritime Commission (FMC) microscope for container detention

Demurrage and detention are two terms that often confuse people in global trade, shipping, freight, and logistics. This has also led to financial losses...

The impact of Supply Chain disruptions and mitigation – A conversation with the FMC

Supply Chain can perhaps be termed as the "Phrase of the Year" in 2021. Whether you were involved in the business of supply chain...

2021 – The Year of the Carrier and Supply Disruptions.. Shipping and Freight Resource – Annual Review 2021

This is the Annual Review of the shipping and freight industry in 2021 by Shipping and Freight Resource.. This is an in depth look into what transpired in our industry in 2021 in terms of the maritime and global trade, shipping and freight practices, Global Shipping Alliances, Carriers and their profits and mostly about the disruptions surrounding supply chain.. Welcome to The View from the Top..

Federal Maritime Commission kicks off Maritime Data Infrastructure initiative

In December 2021, the Chairman of The Federal Maritime Commission (FMC), Daniel B. Maffei appointed Commissioner Carl Bentzel to spearhead an initiative of the...

US Congress steps up shipping reform with the passing of The Ocean Shipping Reform Act

Is it political..?? Is it practical..?? This seems to be the question surrounding the passing of "The Ocean Shipping Reform Act" in the House of...

FMC to move forward with two of the proposed demurrage-and-detention related initiatives

The FMC set up Fact Finding 29 in March 2020 in response to many complaints raised with the FMC to investigate challenges to the freight delivery system in the USA and possible violations of the Shipping Act.

Commissioner Rebecca F. Dye was tasked by the FMC to carry out the investigation with the full authority under 46 C.F.R. §§ 502.281 to 502.291, to perform such duties as may be necessary in accordance with U.S. law and Commission regulations.

In her Executive Summary to the Subcommittee on Coast Guard & Maritime Transportation in June, Commissioner Dye reported that four key key measures to improve efficient cargo movement in US Ports have been identified.

Today, the Federal Maritime Commission voted to move forward with two demurrage-and-detention related initiatives proposed by Commissioner Rebecca F. Dye as part of Fact Finding 29. Unlike Commissioner Dye’s other Interim Recommendations, these initiatives required formal Commission approval.

Federal Maritime Commission to assess carriers’ compliance on demurrage and detention

The Federal Maritime Commission has established a new audit program and dedicated audit team to assess carrier compliance with the Agency’s rule on detention and demurrage as well as to provide additional information beneficial to the regular monitoring of the marketplace for ocean cargo services.

Preliminary findings of Fact Finding 29 identifies key measures to improve efficient cargo movement in US Ports

The FMC set up Fact Finding 29 in March 2020 in response to many complaints raised with the FMC to investigate challenges to the freight delivery system in the USA and possible violations of the Shipping Act..

Commissioner Rebecca F. Dye was tasked by the FMC to carry out the investigation with the full authority under 46 C.F.R. §§ 502.281 to 502.291, to perform such duties as may be necessary in accordance with U.S. law and Commission regulations..

In her Executive Summary to the Subcommittee on Coast Guard & Maritime Transportation in June, Commissioner Dye reported that four key key measures to improve efficient cargo movement in US Ports have been identified..

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