California Port Data Partnership, FMC Antitrust Powers, and More
This week: Five Californian ports are forming the California Port Data Partnership to improve freight movement and port resilience A need for additional FMC demurrage and detention rules is growing in order to more broadly define when a shipper is liable for billing...
Processing Delays for Superfund Excise Tax Drawback Claims
Effective from January 1, 2023, new environmental taxes have been imposed on specific imported goods under Chapter 38 of the Internal Revenue Code. The Customs and Border Protection (CBP) is currently working on establishing the necessary procedures to handle drawback...
March Data Shows Rate and Volume Declines Across Multiple Markets
This week: Air cargo volumes on the trans-Atlantic trade lane see their first monthly decline over the past two years in March The ILWU announces progress regarding West Coast negotiations with PMA A new Alabama bill could give shippers more tax credits for shipping...
Rail Storage Fees, Ocean Shipping Antitrust Enforcement Act, and More
This week: The National Shipping Advisory Committee has asked that the FMC plays a role in regulating rail-assessed demurrage and that Congress increases the FMC’s jurisdiction A new bill has been introduced to the House of Representatives to repeal carrier anti-trust...