FMC Receives Fact Finding 29 Final Recommendations & Intermodal Equipment Report

Chamber of Shipping > Blog > News > US > FMC Receives Fact Finding 29 Final Recommendations & Intermodal Equipment Report

Commissioner Rebecca Dye presented her Final Report of Fact Finding 29, “International Ocean Transportation Supply Chain Engagement”, a two-year investigation she is bringing to conclusion. Commissioner Dye said she identified two major concerns of importers and exporters: the high cost of shipping cargo, and excessive demurrage and detention charges. Based on her work, Commissioner Dye concluded that, though high by historical standards, freight rates reflected market forces of supply and demand in a supply chain challenged by the COVID-19 pandemic and an unprecedented surge in consumer demand. As to detention and demurrage, Commissioner Dye highlighted the Interpretive Rule of the Commission and how it is being enforced to address unreasonable detention and demurrage practices. To help address these, and other identified issues, Commissioner Dye unveiled 12 new recommendations for the Commission to consider next week. This is the second set of recommendations developed from Fact Finding 29 Commissioner Dye has presented to the Commission. In July 2021, she issued eight Interim Recommendations that the Commission voted to accept and has implemented all that did not require legislative action.

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