What the FMC’s Sweeping New OTI Regulations Mean for You
Webinar: 1 CES Credit
New Federal Maritime Commission regulations that take effect Dec. 9 will significantly change the rules for operating as an ocean transportation intermediary in the United States. Among the major changes are that OTI licenses will have to be renewed every three years, that foreign registered OTIs will only be able to use FMC-licensed OTIs to provide services in the U.S., and that all filings with the FMC must typically be done electronically. In addition, some definitions have been eliminated while others have been expanded.
Potential and currently licensed OTIs need to know what to expect when the new regulations become effective. This one-hour webinar will compare the old and new rules, discuss the FMC’s reasons for revising its regulations, and offer suggestions on how to cope with and plan for the inevitable changes in compliance that are ahead.
PEGGY CHAPLIN LOUIE is a member of Sandler, Travis & Rosenberg, P.A., resident in the Washington, D.C., office. She focuses her practice on import and export regulation compliance and international shipping issues. This includes negotiating and structuring international commercial transactions to minimize duties and taxes and comply with federal regulations. She also represents clients before various agencies concerned with international commerce, including U.S. Customs and Border Protection, the Federal Maritime Commission, the Census Bureau, the Bureau of Industry and Security, the International Trade Administration and the Office of Foreign Assets Control.
MICHELLE L MEJIA is a Senior Associate of Sandler, Travis & Rosenberg, P.A., resident in the Chicago office. Ms. Mejia concentrates her practice in the areas of litigation and alternative dispute resolution, insurance defense, and commercial contracts related to international trade and transportation matters. She has been counsel of record in a number of reported decisions and her clients include freight forwarders, carriers, customs brokers and corporations involved in the movement of goods.