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FMC
China on Lockdown
Once again, the supply chain is watching China and the zero-COVID policy that slowed transportation to a crawl earlier this year. Currently, only Ningbo is experiencing severe disruption, but as more cases in Shanghai come back positive and more areas in the city are locked down, the delays will likely compound and hit hard. It’s...
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Empty Container Conundrum
It doesn’t seem so long ago that we lamented the equipment imbalance that plagued shippers who needed to find containers for their cargo. Currently, we’re watching ports and carriers trying to deal with the excessive number of containers that have been abandoned on their docks. In Chittagong last month, containers had to be destroyed to...
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OSRA
President Biden signed the Ocean Shipping Reform Act (OSRA) of 2022 on June 16, 2022, after it passed through Congress with bipartisan support.  In a rare moment of agreement, Congress worked together to pass the OSRA, giving more power to the Federal Maritime Commission (FMC) to investigate reports of carrier issues, misapplied fees and refusing...
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