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American Shipper

FreightWaves Staff Monday, December 30, 2019

What are ocean container rates?

For all containers moving in and out of the U.S., rates (both contract and spot rates) are required to be filed with the Federal Maritime Commission (FMC) 30 days in advance of the containerized cargo being shipped. This adds an additional layer of complexity to the way ocean container rates are negotiated and governed.

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