FMC’s Maffei says capacity demand won’t recede ‘until late 2022’

For logistics managers around the world, planning a budget for next year will be as easy as swimming in cement shoes. The inverted ratio for supply and demand is not expected to right itself anytime soon — and that means prices will continue to soar. 

Importers and exporters have expressed their concerns to the Biden administration, Congress and the Federal Maritime Commission. While optimism has increased after the executive order on supply chain competition and FMC Commissioner Rebecca Dye’s...

https://www.freightwaves.com/news/fmcs-maffei-says-capacity-demand-wont-recede-until-late-2022

FMC extends coronavirus-related service contract filing flexibility

Federal Maritime Commission

The U.S. Federal Maritime Commission (FMC) on Thursday afternoon voted to extend an order that allows service contracts to be filed up to 30 days after they take effect to provide relief to shippers, freight forwarders and consolidators, and ocean container carriers impacted by the coronavirus pandemic.

The initial order, which the FMC approved on April 27, had been scheduled to expire Dec. 31. However, the commission approval of the order’s extension will provide the ocean container shipping...

https://s29755.pcdn.co/news/fmc-extends-coronavirus-related-service-contract-filing-flexibility

FMC finds NY/NJ port ‘minimally impacted’ operationally by COVID-19

Port of New York and New Jersey

The U.S. Federal Maritime Commission (FMC) found that the coronavirus pandemic has minimally impacted container shipping operations within the Port of New York and New Jersey compared to what was experienced in the ports of Los Angeles and Long Beach in Southern California the first half of this year.

The FMC conducted numerous interviews with New York/New Jersey port and shipping industry officials as part of its ongoing Fact Finding 29, which the agency launched earlier this year to evaluate...

https://s29755.pcdn.co/news/fmc-finds-nynj-port-minimally-impacted-operationally-by-covid-19

How the FMC monitors ‘blank sailings’ and their competitive impacts

U.S. Federal Maritime Commission

The coronavirus pandemic has made the schedule-driven ocean container carriers seasick. To counter decreased U.S. import volumes and maximize vessel operations, these companies have resorted to the use of “blank,” or canceled, sailings.

Shippers and non-vessel-operating common carriers have struggled to manage their own fragile supply chains against hundreds of skipped-sailings announcements in recent months.

While blank sailings offer ocean container carriers a means to economize their...

https://s29755.pcdn.co/news/how-the-fmc-monitors-blank-sailings-and-their-competitive-impacts

FMC examines COVID-19 impacts on New York/New Jersey ports

Rebecca Dye, U.S. Federal Maritime Commission

The U.S. Federal Maritime Commission (FMC) has entered “phase two” of a fact-finding investigation launched earlier this year by the agency into the impacts of the coronavirus pandemic on the regional ocean container supply chain.

Following the first phase of the investigation, which focused on the virus impacts at the ports of Los Angeles and Long Beach, in this next phase the FMC will spotlight the ocean shipping industry’s experiences with COVID-19 at marine terminals across the New York and...

https://s29755.pcdn.co/news/fmc-examines-covid-19-impacts-on-new-york-new-jersey-ports

FMC identifies San Pedro Bay container challenges during COVID-19

The U.S. Federal Maritime Commission (FMC) on Wednesday identified four key areas where the container shipping industry in the San Pedro Bay port complex of Southern California can overcome current supply chain disruptions.

In late March, the FMC tasked Commissioner Rebecca Dye to lead a handful of industry representative-based “innovation teams,” with the goal of developing regional guidance to improve the transport and logistics flow of container traffic during the COVID-19 pandemic and beyond.

https://s29755.pcdn.co/news/fmc-identifies-san-pedro-bay-container-challenges-during-covid-19

FMC eases some publication requirements for ocean container carriers

The U.S. Federal Maritime Commission (FMC) on Thursday adopted a final rule that eases certain publication requirements for ocean container carriers, providing partial relief sought by the World Shipping Council in a 2018 petition to the agency.

The FMC’s approval of the rule follows a Feb. 14 notice of proposed rulemaking, in which the agency received two public comments.

John Butler, president and CEO of the World Shipping Council (Photo: Courtesy)

The new rule amends the FMC’s regulations...

https://s29755.pcdn.co/news/fmc-eases-some-publication-requirements-for-ocean-container-carriers

FMC’s Dye keeps eye on COVID-19-challenged US supply chains

The U.S. Federal Maritime Commission (FMC) official in charge of monitoring the current U.S. supply chain impacts related to the COVID-19 pandemic said she has brought together myriad industry stakeholders to find immediate remedies to these problems and prepare for the reopening of the economy.

“We need to be ready in our seaports for the increased cargo that we know is coming soon,” FMC Commissioner Rebecca Dye told attendees of the virtual annual Agriculture Transportation Coalition...

https://s29755.pcdn.co/news/fmcs-dye-keeps-eye-on-covid-19-challenged-us-supply-chains