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Ocean Carrier Alliances, Hanjin Bankruptcy, PierPASS Among Topics for FMC Meeting

Tuesday, November 15, 2016
Sandler, Travis & Rosenberg Trade Report

The Federal Maritime Commission will hold a partially open meeting Nov. 17 in Washington, D.C.

The open session of this meeting will be streamed live and will include discussion of the World Shipping Summit, where FMC Chairman Mario Cordero recently spoke on shipper concerns about the growing number of alliances between ocean carriers, and license renewals for ocean transportation intermediaries.

The closed session will include a staff briefing on the Hanjin bankruptcy and related shipping disruptions, an update on the PierPASS third-party audit and extended gate workshop, and an empirical analysis of changing alliance structures in the transpacific trade. Cordero has questioned the continued need for the PierPASS fee (currently $133 per 40-foot equivalent unit) that has been imposed on cargo containers at the ports of Los Angeles and Long Beach for the past ten years.

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