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Ocean freight rates on the trans-Pacific could double as a soap opera with the dramatic nature of sweeping change we’ve seen in the past three years. Over the course of thirty-six months, the threat of the pandemic turned into a full blown global crisis and volatility exploded across the logistics market. Where spot rates soared...
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FMC Investigations
The Federal Maritime Commission (FMC) is looking into retaliation behavior by ocean carriers as they implement the Ocean Shipping Reform Act of 2022. With stronger protections against retaliation and discrimination from carriers, the FMC looks to better level the playing field in 2023.    “The Ocean Shipping Reform Act made it clear that it is...
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