Customs and Trade Law Weekly Snapshot

Here is a recap of the latest customs and international trade law news:

[…]

New FMC License Renewal Process

The Federal Maritime Commission (FMC) final rule governing licensing has been in effect since December 9, 2016. Under the new final rule, the FMC is requiring Ocean Freight Forwarder (OFF) and Non Vessel Owning Common Carrier (NVOCC) licenses to be renewed every 3 years using the new online license renewal system.

The FMC already sent out the first 146 notifications. DTL clients who are FMC Licensees may face cancellation if they fail to renew or update their license every three years. The great news is, now you are able to leave the heavy lifting to DTL.

[…]

By |2022-07-06T15:42:06-04:00March 28, 2017|Freight Forwarding|Comments Off on New FMC License Renewal Process

Hate Unfair Demurrage Charges? Want to Do Something About it?

Now’s the time to make your voice heard. Below details what demurrage charges are and a trade initiative that FMC is currently requesting comments on.

What is demurrage?

How Much Time is Provided for Free?

 What is Being Done to Change this Demurrage Fee?

  • Back in December, “the Coalition for Fair Port Practices, a group of 25 members that represent shippers, receivers, motor carriers, port draymen, freight forwarders, third-party logistics companies and customs brokers”, petitioned the Federal Maritime Commission (FMC) in hopes that the FMC would issue a ruling on extending the free time for container storage and equipment use that is disrupted by events outside of their control. Such events could be poor infrastructure, weather events, a […]
By |2022-07-06T16:18:56-04:00February 16, 2017|Export, Import, U.S. Customs and Border Protection (CBP)|Comments Off on Hate Unfair Demurrage Charges? Want to Do Something About it?

OTI’s – July 31 is Deadline to Voice Opinion on FMC’s Proposed Changes

Now's the time to apply to become a non vessel operating common carrier (NVOCC) and/or ocean freight forwarder (OFF). FMC has proposed major changes to its regulations. Get your application in now to avoid those changes, or, learn the changes and spend the time to comment on them while you can. Detailed summaries of those changes are below. July 31, 2013 is the cutoff to have your voice heard!

By |2021-11-10T14:16:24-05:00July 5, 2013|Best Practices, Export, Freight Forwarding|Comments Off on OTI’s – July 31 is Deadline to Voice Opinion on FMC’s Proposed Changes
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