FMC’s Bentzel eyes broad changes to ‘free time’ in ocean service contracts

An FMC commissioner is targeting free time granted within service contracts, terms that are privately negotiated between carriers and shippers, but which contributed to the lengthy dwelling of containers on US marine terminals over the past two years.

Continue ReadingFMC’s Bentzel eyes broad changes to ‘free time’ in ocean service contracts

FMC’s Bentzel eyes broad changes to ‘free time’ in ocean service contracts

An FMC commissioner is targeting free time granted within service contracts, terms that are privately negotiated between carriers and shippers, but which contributed to the lengthy dwelling of containers on US marine terminals over the past two years.

Continue ReadingFMC’s Bentzel eyes broad changes to ‘free time’ in ocean service contracts