The U.S. Federal Maritime Commission will consider a change in its regulations that would allow filing of service contracts up to 30 days from the agreement’s effective date.
U.S. Federal Maritime Commission anticipates COVID-19 impact on U.S. supply chain to continue into the first half of 2021.
The National Customs Brokers and Forwarders Association of America said its members are tired of ocean carriers charging them hundreds of dollars over their service contract rates.
COVID-19 may have disrupted supply chains but not the U.S. Federal Maritime Commission’s regulatory and policy focus on ocean container shipping, FMC chairman says.
Hong Kong-based 3PL’s warehouse business suffers from shrinking inventories, but forwarding business saves the day, leading to $109 million first-half profit.
The trans-Atlantic may not be the dominant container market, but it remains dependable for hungry ocean consolidators and forwarders.
With airfreight capacity squeezed and rates high between China and the U.S., ocean freight consolidators offer the option of fast, cheaper less-than-container load, trans-Pacific services.
