The Federal Maritime Commission (FMC) recently released its final report on The Effects of COVID-19 on the U.S. International Ocean Transportation Supply Chain, a two-year investigation involving hundreds of FMC stakeholders.
Both importers and exporters emphasized two primary pandemic-related concerns: the high cost of shipping cargo and excessive demurrage and detention charges.
Among other points, the investigation’s final recommendations to address stakeholder concerns include the following:
New rulemakings to clarify carrier practices;
The final report can be accessed here.