Freight Talk Blog2024-01-23T21:04:10+00:00

latest publications

Join the conversation as we explore current events impacting the international freight market. From capacity crunches to legislative impacts, Green gives you deep insights for big freight decisions.

FMC’S FISCAL YEAR 2025 BUDGET: KEY HIGHLIGHTS AND PRIORITIES

The recently published Federal Maritime Commission (FMC) budget for Fiscal Year 2025 (FY25) demonstrates the Commission's focus on staffing, restructuring, case prioritization, OSRA implementation, and a new electronic case management system. These updates are part of the $48.4 million congressional funding request FMC submitted for FY25 - an increase of [...]

March 15th, 2024|Categories: Export, Freight Talk, Import, Industry Spotlight, Shipping News|

CALIFORNIA EMISSION REGULATIONS FACING BACKLASH FROM REGIONAL FREIGHT INDUSTRY

California state and regional regulatory agencies are facing backlash from the freight transportation sector due to new emissions rules. Similar in goal to SB-253 and SB-261, these rules are being introduced to reduce emissions from freight transportation activities. The agencies are being urged to delay the rules due to high [...]

EU TAKES ACTION AGAINST FORCED LABOR: NEW IMPORT BAN RULE

EUROPEAN UNION ANNOUNCES NEW FORCED LABOR RULE The European Union (EU) announced March 5th that a deal had been reached on a new rule set regarding forced labor. Specifically, this new rule will ban imports suspected of being made with forced labor, outlining how the EU will investigate and penalize [...]

FREIGHT MARKET UPDATE | WEEK 10 | 2024

In Week 10 of 2024's freight market update, we observe railcar shortages in select regions while container supplies rebound elsewhere. Meanwhile, geopolitical challenges continue to impact freight transit times through the Red Sea and Panama Canal. CONTAINER SUPPLY There is an improvement in China, with main ports fully stocked, [...]

March 5th, 2024|Categories: Freight Market, Freight Talk, Shipping News|

FREIGHT MARKET UPDATE | WEEK 09 | 2024

In the freight market update for Week 09 of 2024, we see new FMC rulings and other governmental administrative changes. UNREASONABLE CARRIER CONDUCT The Federal Maritime Commission (FMC) announced a forthcoming final rule on unreasonable carrier conduct during a recent congressional hearing. With fines totaling over $2.8 million in [...]

March 1st, 2024|Categories: Freight Market, Freight Talk, Shipping News|

FMC HEARING: ENFORCEMENT INCREASES AND FINAL RULE FOR UNREASONABLE CARRIER CONDUCT

At a February 28th congressional hearing, the FMC confirmed the final rule surrounding unreasonable carrier conduct can be expected to arrive in “the next couple of months.” This rule will come during a time of increased enforcement by the FMC as they have been closely watching surcharges related to the [...]

February 29th, 2024|Categories: Import, Industry Spotlight, Shipping News|

STRENGTHENING ORGANIC ENFORCEMENT CERTIFICATION FINAL RULE – GRACE PERIOD FOR IMPORTERS

The USDA National Organic Program (NOP) recently released the Strengthening Organic Enforcement (SOE) final rule. The SOE updates the USDA's organic  regulations while strengthening oversight and enforcement for organic products including production, handling, and sale. It also implements 2018 Farm Bill requirements, incorporates industry requests for organic regulation updates, [...]

February 28th, 2024|Categories: Export, Freight Talk, Import, Industry Spotlight, Shipping News|

FMC ISSUES CHASSIS RULING

A recent ruling by the U.S. Federal Maritime Commission (FMC) may have implications for container transport within the U.S. As a result of this ruling, ocean carriers were ordered to cease requiring cargo owners and their truckers use specific chassis for shipper-controlled transportation. The ruling responds to Ocean Carriers [...]

February 26th, 2024|Categories: Export, Freight Talk, Import, Industry Spotlight, Shipping News|

FINAL RULE PUBLISHED BY FMC ON DEMURRAGE AND DETENTION BILLING

A final rule was issued today by the Federal Maritime Commission (FMC) addressing new obligations for demurrage and detention billing charged by marine terminal operators (MTOs) and common carriers. The rule, effective May 28, 2024, includes detailed information on processes for disputing bills, invoicing, and time frame. FMC RULE SPECIFICATIONS [...]

February 23rd, 2024|Categories: Customs & Compliance, Freight Talk, Shipping News|

FREIGHT MARKET UPDATE | WEEK 08 | 2024

In the freight market update for Week 08 of 2024, we see continued volatility with some container volumes rebounding. LE HAVRE, FRANCE PORT LABOR Labor disruptions have been scheduled for February 22, 2024, and February 27, 2024. The strikes are expected to impact operations. As a result, the gates [...]

February 22nd, 2024|Categories: Freight Market, Freight Talk, Shipping News|

NEW GREEN FUEL PRICING PROPOSAL MUST FIND COMMON GROUND WITH CURRENT EU CARBON TAX

The World Shipping Council (WSC) is looking to submit a proposal for a new global green fuel pricing mechanism which would encourage a shift from fossil fuels to greener alternatives from ocean carriers. This proposal would have to figure out a way to work alongside or replace the current Emissions [...]

February 20th, 2024|Categories: Freight Talk, Shipping News, Sustainability, Uncategorized|

NEW CALIFORNIA CLIMATE REPORTING LAWS

California recently enacted two climate disclosure acts SB-253 Climate Corporate Data Accountability Act and SB-261 Greenhouse Gases: Climate-Related Financial Risk. These new legislative documents make it mandatory for many companies operating in California to report both quantitative and qualitative climate information. These laws are expected to have a significant [...]

February 16th, 2024|Categories: Freight Talk, Industry Spotlight, Shipping News, Sustainability|

CBP RELEASES NEW GUIDE TO SETTING BOND AMOUNTS

A GUIDE FOR THE PUBLIC: HOW CBP SETS BOND AMOUNTS The U.S. Customs Border Protection (CBP) agency recently released a Guide for the Public: How CBP Sets Bond Amounts updating the 1991 Directive - Monetary Guidelines for Setting Bond Amounts. The revised publication is an effort to update and standardize CBP's bond policy [...]

February 15th, 2024|Categories: Customs, Customs & Compliance, Freight Talk, Import|

USMCA IMPACT ON AUTO INDUSTRY: ADDRESSING COMPLIANCE & REGULATORY HURDLES

As the automotive sector in North America continues to evolve under the guidelines of the United States-Mexico-Canada Agreement (USMCA), stakeholders are offering insights and recommendations to address ongoing challenges. Ahead of the upcoming annual report by the Office of the U.S. Trade Representative (USTR) on the impact of USMCA rules, [...]

February 8th, 2024|Categories: Freight Talk, Shipping News, Uncategorized|

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Join the conversation as we explore current events impacting the international freight market. From capacity crunches to legislative impacts, Green gives you deep insights for big freight decisions.

CALIFORNIA EMISSION REGULATIONS FACING BACKLASH FROM REGIONAL FREIGHT INDUSTRY

California state and regional regulatory agencies are facing backlash from the freight transportation sector due to new emissions rules. Similar [...]

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