U.S. Federal Maritime Commission (FMC) has issued a proposed rulemaking that “expands flexibility and deregulates” Non-Vessel-Operating Common Carrier Service Arrangements (NSAs) and Negotiated Rate Arrangements (NRAs).
The Federal Maritime Commision has issues a proposed rule making to ammend NVOCC NSA and NRA agreements. The most significant changes in the FMC’s proposed rulemaking include ending the requirement for NSAs to be filed with the commission, allowing NVOs and shippers to amend NRAs, and permit the act of...