S2.E18 - Bed, Bath and Beyond files a lawsuit for $31.6M at the Federal Maritime Commission

Topic of the Week (5/12/23):

Bed Bath & Beyond filed a complaint at the Federal Maritime Commission? And they did so AFTER they filed for bankruptcy. So far it's just the complaint, there has been no response yet from OOCL. Let's break it down. 

The Maritime Professorᵀᴹ presents By Land and By Sea - an attorney breaking down the week in supply chain

with Lauren Beagen (Founder of The Maritime Professorᵀᴹ and Squall Strategies)

Let's dive in...

But first, our TOP THREE STORIES OF THE WEEK!

1- Hapag-Lloyd AG is reporting better than expected Q1 earnings, but warns of increased operating costs continuing into the future...

FreightWaves story:

https://lnkd.in/eb-VJuK7

2- The Federal Maritime Commission's National Shipper Advisory Committee me on May 11, 2023. A recording is available on the FMC's YouTube page. They discussed two draft recommendations: 1) on data and visibility, and 2) on FMC's jurisdiction on through bill of ladings (specifically the rail portion of the movement).

https://lnkd.in/ey7cbqvV

3- FreightWaves covers the accuracy of the Edmund Fitzgerald song by Gordon Lightfoot and the actual maritime tragedy of the Great Lakes.

https://lnkd.in/e3m2NQNg

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** As always the guidance here is general and for educational purposes only, it should not be constru