Detention and Demurrage (D&D) has long been a point of contention between the ocean carriers and everyone else in the supply chain. Last year, the US Congress passed the Ocean Shipping Reform Act (OSRA) and the...
D&D AND THE FMC
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BALANCING THE SCALES
For hundreds of years, the ocean carriers have held the cards, but 2022 may just be the year to balance the scales. So far this year, we have seen the passage of the Ocean Shipping Reform Act (OSRA) by the US Congress,...
THE GOOD
President Biden signed the Ocean Shipping Reform Act (OSRA) 2022 into law on Thursday, June 16th. It is the first major overhaul of the act in two decades and had tremendous support in both the US Senate, who approved...
D&D Regulations
California's AB2406 aimed at protecting motor carriers and cargo owners from punitive detention and demurrage charges passed the state Assembly and is heading towards the Senate Committee on Transportation. It is...
OCEAN SHIPPING REFORM ACT PROGRESSING
Yesterday, the US Senate unanimously approved the Ocean Shipping Reform Act (OSRA) of 2022. In December (and again this past Tuesday), the House approved their version of OSRA. There are a few differences between the...
USING EVERY TOOL IN THE TOOLBOX
There is considerable attention being paid to the supply chain right now. Let's be candid...supply chain is interesting, and we are happy it is finally getting the due it deserves. Here is a snapshot of some of the...