Amendments to the Federal Maritime Commission Regulations Governing Non-Vessel Common Carrier Negotiated Rate Arrangements and Negotiated Service Arrangements Are Now in Effect

Amendments to the Federal Maritime Commission Regulations Governing Non-Vessel Common Carrier Negotiated Rate Arrangements and Negotiated Service Arrangements Are Now in Effect

As of August 22, 2018, per the final rule in FMC Docket 17-10, the Federal Maritime Commission (“FMC”) will now allow Negotiated Rate Arrangements (“NRAs”) to be amended at any time, to be accepted by booking a shipment and to contain non-rate economic terms. The final rule will also allow Negotiated Service Arrangements (“NSAs”) to […]