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Reasonable recompense: Shippers ask FMC to increase oversight of Red Sea-linked surcharges.
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- Author(s): Angell, Michael
- Source:
Journal of Commerce (1530-7557). 2/26/2024, Vol. 25 Issue 5, p52-53. 2p.
- Subject Terms:
- Additional Information
- Abstract:
The article focuses on the concerns raised by shippers regarding the lack of regulatory oversight on emergency ocean freight surcharges linked to the Red Sea crisis, urging the U.S. Federal Maritime Commission (FMC) to scrutinize these fees more closely. Topics discussed include the justification of surcharges by carriers, the impact on shippers, and the need for transparency and reasonable compensation in surcharge implementation.
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