John S. James Co.’s Post

🚢 FMC Meeting Highlights: Enforcement, Charge Complaints & IT Upgrades   The Federal Maritime Commission (FMC) recently discussed key topics including active investigations into major shipping companies, efforts to resolve billing disputes, and significant IT infrastructure upgrades. The FMC is prioritizing investigations into potential misconduct by common carriers and marine terminal operators, especially those impacting the industry negatively. They are also focusing on recent port work stoppages and ensuring no retaliation against complainants. The Charge Complaint process, established by the Ocean Shipping Reform Act of 2022, has led to over $3.2 million in waived or refunded charges. The FMC is also enhancing its IT systems to better serve the public and its employees.   At John S. James Co., we are committed to providing top-notch customs brokerage and freight forwarding services. Our expertise ensures smooth and efficient handling of your shipping needs. Learn more about our services at johnsjames.com.   #FMC #Maritime #Shipping #Logistics #FreightForwarding #CustomsBrokerage #ITUpgrades #Compliance #JohnSJamesCo #ShippingSolutions #IndustryNews

A new Federal Maritime Commission ruling goes into effect May 28 that requires detention and demurrage invoices be processed within 30 days and mandates a faster timeline to dispute those fees: https://bit.ly/3Vgcdn3 After $8 billion in D&D fees accumulated from 2020 to 2022, it aims to set strict invoice requirements with 13 points of compliance and mandates access to evidence packages. Beneficial Cargo Owners are held accountable under this rule, which introduces new operational risks for them. This comprehensive approach seeks to bring more transparency and fairness to D&D billing practices. With the new ruling, it's crucial for shippers to have accurate and timely data to manage their operations effectively. VIZION supports this need by tracking 99% of ocean shipments with 99.9% uptime performance, processing over 300 million events, and transforming 7,000 unique events into 60 standardized milestones. VIZION's data sources include ocean carriers, customs, terminals from 80+ global ports, and global vessel events, ensuring comprehensive visibility and real-time updates. This empowers shippers to comply with FMC requirements and optimize their supply chain. Book a demo today at https://bit.ly/3KlEbrj.

Canada moves to sunset shipping anti-trust exemption Canada's Competition Bureau has recommended ending the country's Shipping Conferences Exemption Act, which allows carriers to bypass competition oversight. The bureau stated that current anti-trust laws are sufficient to manage modern carrier alliances and vessel-sharing agreements, making the exemption outdated. The bureau noted that alliances and slot-sharing arrangements already fall under broader anti-trust regulations, which have been strengthened with new provisions. However, issues like high freight rates and inconsistent service do not fall under these laws unless anti-competitive practices are proven. Transport Canada is reviewing the exemption due to changing global regulations and the impacts of the COVID-19 pandemic. Similar exemptions have already been repealed in the EU and are under review in the UK. Transport Canada highlighted that liner alliances, unlike shipping conferences, focus on operational efficiencies without setting freight rates or market share. Stay Informed: https://lnkd.in/eAZEy424

⚓️ FMC Sets New Standards with Final Rule on Unreasonable Refusal To Deal   The Federal Maritime Commission (FMC) has recently published a final rule aimed at preventing unreasonable refusal to deal or negotiate vessel space accommodations. This landmark decision is set to significantly impact the shipping industry by ensuring fair practices and fostering competitive markets. As part of this rule, carriers are required to establish clear guidelines for dealing with shippers, which will enhance transparency and accountability in maritime commerce.   For clients at John S. James Co., this ruling is particularly pertinent as it aligns with our commitment to providing transparent and equitable freight forwarding services. Our expertise as a U.S. Customs Broker and Freight Forwarder positions us uniquely to navigate these new regulations effectively on behalf of our clients. With our full catalog of services that include logistics management, cargo insurance, and customs brokerage among others, we ensure compliance with all FMC regulations while optimizing your shipping operations.   Stay ahead in the evolving landscape of maritime trade by partnering with John S. James Co. Visit johnsjames.com today to explore how our comprehensive services can benefit your business in light of these new FMC regulations.   #FederalMaritimeCommission #ShippingIndustry #FreightForwarding #CustomsBrokerage #LogisticsManagement #CargoInsurance #VesselSpaceNegotiation #MaritimeCommerceTransparency #JohnSJamesCoServices #USCustomsBroker

New FMC Rule Boosts Shipper Protections! 🚢 Starting September 23, the US Federal Maritime Commission (FMC) is implementing a new rule that will prevent ocean carriers from refusing space for booked containers. This rule aims to protect shippers from unfair practices, ensuring more reliable and fair shipping operations. During the pandemic, many shippers faced unjust refusals and higher costs. With the new rule, these "lame excuses" from carriers will be a thing of the past! We're excited about this positive change and how it will benefit our valued customers. Stay tuned for more updates and feel free to reach out if you have any questions. Together, we move forward towards fair and transparent shipping! #ShippingNews #FMC #Logistics #FryWagner #ShipperProtections #FairTrade https://lnkd.in/ew_u5G8c

There are new regulations in place from the U.S. Federal Maritime Commission (FMC) that are designed to prevent ocean carriers from refusing to transport cargo on the basis of “lame excuses.” The regulations are set to be implemented on September 23 in the hopes of protecting shippers and ensuring carriers honor their contracts. Carriers are opposed to the new move, however, it is backed by various retail and shippers and stakeholders. #thefreightarchitects #jaguarfreight #logistics

There are new regulations in place from the U.S. Federal Maritime Commission (FMC) that are designed to prevent ocean carriers from refusing to transport cargo on the basis of “lame excuses.” The regulations are set to be implemented on September 23 in the hopes of protecting shippers and ensuring carriers honor their contracts. Carriers are opposed to the new move, however, it is backed by various retail and shippers and stakeholders. #thefreightarchitects #jaguarfreight #logistics

There are new regulations in place from the U.S. Federal Maritime Commission (FMC) that are designed to prevent ocean carriers from refusing to transport cargo on the basis of “lame excuses.” The regulations are set to be implemented on September 23 in the hopes of protecting shippers and ensuring carriers honor their contracts. Carriers are opposed to the new move, however, it is backed by various retail and shippers and stakeholders. #thefreightarchitects #jaguarfreight #logistics

US FMC monitoring the supply chain closely at all major terminals along US East and Gulf Coasts The US Federal Maritime Commission (FMC) is monitoring the supply chain closely at all major terminals along the US East and Gulf Coasts. The FMC continues to review surcharges and fees announced, implemented, or suspended in connection with the recent work stoppage. The FMC Audit Program is discussing these surcharges and fees with the major ocean common carriers, with the goal of increasing transparency and identifying best practices.    The FMC is also using its statutory authorities to carefully review surcharges and fees to determine their relevance and legality. All fees and surcharges must be reasonable, clearly defined, and serve a specific measurable purpose, it stressed in a communique.    Information from the public on these topics would be beneficial to the Commission in assessing marketplace developments and identifying when enforcement action is warranted. Accordingly, the FMC now emphasises that parties who believe they have been wrongly billed for a surcharge or fee can use FMC services to seek an informal solution to their dispute, report an alleged legal violation, or file a complaint.   The Office of Consumer Affairs and Dispute Resolution Services (CADRS) facilitates voluntary outcomes and solutions when there are disagreements between parties involved in containerised ocean shipments.     Allegations of common carrier and MTO conduct violative of the law should be reported to the Bureau of Enforcement, Investigations, and Compliance (BEIC). All reports of misconduct will be reviewed by BEIC and violations will be prosecuted to the fullest extent possible under the law, the release said.    Parties seeking monetary reparations from a common carrier or MTO can initiate an adjudicatory proceeding that will be heard by the FMC’s Office of the Administrative Law Judges. Retaliation by a common carrier or MTO for filing a complaint at the FMC is expressly prohibited by law, and is an offence separate from other complaints about regulated entity behaviour Acts of retaliation carry serious consequences and allegations of such conduct will be fully and vigorously investigated.   The Commission maintains a list of all common carrier tariff locations for Vessel-Operating Common Carrier and Non-Vessel-Operating Common Carrier. Shippers are encouraged to access and review their common carrier’s tariff, the release added.   Source: Washington, Oct. 16 Join our community and never miss out on crucial Exim news! 📈 https://lnkd.in/eYj-V5hv Disclaimer: Please note that our content is based on internet-sourced information. Please verify before process.  #EximNews #TradeUpdates #ExportImport #GlobalTrade #SupplyChain #MarketInsights #TradeCompliance #Logistics #InternationalTrade #BusinessNews #TradeTrends #EconomicInsights #BluemanExim #FollowUs

There are new regulations in place from the U.S. Federal Maritime Commission (FMC) that are designed to prevent ocean carriers from refusing to transport cargo on the basis of “lame excuses.” The regulations are set to be implemented on September 23 in the hopes of protecting shippers and ensuring carriers honor their contracts. Carriers are opposed to the new move, however, it is backed by various retail and shippers and stakeholders. #thefreightarchitects #jaguarfreight #logistics