Federal Maritime Commission Increases Global Alliances’ Information Monitoring Report Requirements

Chamber of Shipping > Blog > News > US > Federal Maritime Commission Increases Global Alliances’ Information Monitoring Report Requirements

The Federal Maritime Commission has issued letters to the three global carrier alliances (2M, THE, and OCEAN) requiring that certain carrier-specific trade data currently filed with the Commission quarterly, must now be submitted on a monthly basis. The Commission’s Bureau of Trade Analysis has determined that given recent fluctuations in the markets, they need to receive key trade data directly from alliance carriers on a more frequent basis in order to better position staff economists to timely evaluate changes in the transpacific and transatlantic trades and report findings to the Commission.

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