FreightWaves Classics: Federal Maritime Commission is regulatory watchdog for maritime trade

An aerial view of the Port of Houston. (Photo: PortHouston)

The current situation at most U.S. ports is historic in many ways and has and is being covered by FreightWaves’ journalists and market experts. Accumulating supply side disruptions are keeping upward pressure on ocean container rates, while already heightened levels of import demand have overwhelmed a number of the ports. Import volume records continue to be broken almost weekly. 

The influx of imports has produced instances of 20-plus vessels waiting for a berth at numerous U.S. ports. The...

https://www.freightwaves.com/news/freightwaves-classics-federal-maritime-commission-is-regulatory-watchdog-for-maritime-trade

FMC keeps spotlight on ocean forwarder, consolidator concerns

U.S. Federal Maritime Commission

The coronavirus pandemic may have disrupted international supply chains for much of the year, but a top official at the Federal Maritime Commission said his agency has remained vigilant in its responsibility to ensure competition within the U.S. ocean container shipping trades.

“I am pleased to say that, because of advance planning and preparation, the commission has remained fully open and operational throughout these difficult times,” FMC Chairman Michael Khouri told online attendees of the Nat...

https://s29755.pcdn.co/news/fmc-keeps-spotlight-on-ocean-forwarder-consolidator-concerns

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