FMC Releases Report on the Effects of COVID-19 on the International Supply Chain

The Federal Maritime Commission (FMC) has announced that Commissioner Rebecca F. Dye released her Final Report for Fact Finding 29, “The Effects of COVID-19 on the U.S. International Ocean Transportation Supply Chain.”  The report is the result of a two-year investigation led by Commissioner Dye involving hundreds of industry stakeholders.

During Fact Finding 29, importers and exporters highlighted two recurring pandemic-related concerns: the high cost of shipping cargo, and excessive demurrage and detention charges. The full report can be read here.