Transpacific freight rates, and freight rates in general, were astronomical in 2020, rising and rising until, at last, they reached a plateau around the end of September/beginning of October. [...]
The Federal Maritime Commission (FMC) is increasing how often ocean freight carriers from the three major alliances that dominate global shipping must file trade data. Shipping lines from these [...]
The Federal Maritime Commission (FMC) has opened an inquiry to the public regarding the billing practices of ocean freight carriers. There have been many complaints and accusations regarding [...]
It looks like the practices of ocean carriers during the pandemic and the resulting record-high freight rates have caught the attention of American and Chinese maritime regulatory [...]
The results are in. Of what, you ask? Of the Federal Maritime Commission's (FMC) "Fact Finding No. 29, International Ocean Transportation Supply Chain Engagement, in order to identify operational [...]
Importers and exporters are on their way to getting a stronger voice with the Federal Maritime Commission (FMC). By its own description, the FMC "is the independent federal agency [...]
The Federal Maritime Commission (FMC) announced in a press release on Friday (September 6th, 2019) that it would "address detention and demurrage charge issues" by adopting a set of [...]
The Federal Maritime Commission (FMC) has launched an investigation into detention, demurrage, and per diem charges. And the shippers rejoice. Eric Johnson reported in American Shipper: The [...]
The Federal Maritime Commission (FMC) is losing another commissioner. Commissioner William P. Doyle announced in a press release yesterday (November 27th) that he is stepping down from the FMC: [...]
Now that international shipping is dominated by three carrier alliances, the 2M, OCEAN Alliance, and THE Alliance, many shippers are worried about freight rate collusion between the shipping [...]
“Five large terminal companies and one European port authority have joined together to file a discussion agreement with the Federal Maritime Commission (FMC) in attempts to establish a [...]
The news out of Beijing at the end of last week on mp.weixin.qq.com is that the carriers of the OCEAN Alliance signed a document laying out the vessel sharing agreement’s planned network of [...]
As of Monday, the OCEAN Alliance has been cleared for business–at least as far as the Federal Maritime Commission (FMC) is concerned. However, the vessel sharing agreement between CMA CGM, [...]
The collapse of Hanjin Shipping, international shipping’s 7th largest carrier by volume, is causing disruption, increased freight rates, and perhaps an opportunity for some to illegally [...]
Finally, all Incoterms defined and in one easy to access place! A video series on Incoterms from Universal Cargo’s Universal Shipping News has just been completed, allowing shippers and [...]
They’re ugly words that have become all too common when discussing international shipping: Port Congestion. However, congestion at U.S. ports has to be discussed, so action can be taken to [...]
Here’s another story for our “international shipping fought the law and the law won” annals (always be careful to include both n’s when using that word). The Federal [...]
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