Response to tariffs by Chinese importers may see extra costs for US shippers
US exporters could face demurrage, detention, destruction of cargo, or return costs, after reports suggest ...
The US Federal Maritime Commission (FMC) has tightened the screws on the three major ocean carrier alliances, demanding carrier-specific trade data is filed monthly rather than quarterly.
The data goes to the FMC’s Bureau of Trade Analysis, which, given “recent fluctuations in the markets”, wants the information more frequently to help it better evaluate changes in the transpacific and transatlantic trades.
One of the FMC’s core functions is monitoring alliance agreements, which it does through “exhaustive, commercially sensitive information from regulated entities”. ...
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