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Ocean Rates
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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Freight Prices
In the past couple of years, there have been massive shortages, congestion, limited space, and horrifying freight rates. But what will 2022 have to offer? The good news is that freight prices are expected to drop throughout 2022, though it is unlikely that they will drop back down to the 2019 levels.  There will be...
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