Topic of the Week (11/17/23):
The Federal Maritime Commission's National Shipper Advisory Committee met this week - and it got me thinking: do you know what FACAs are and how they work?
FMC's Nat'l Shipper Advisory Committee website:
https://www.fmc.gov/industry-oversight/national-shipper-advisory-committee/
Federal Railroad Administration White Paper from Mar 2011:
https://railroads.dot.gov/sites/fra.dot.gov/files/fra_net/1645/STAGGER_%20RAIL_ACT_OF_1980_updated_31811.pdf
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 - A United States Federal Government shutdown has been averted... again... for now... again... It looks like at least the U.S. Department of Transportation's new date for the next shutdown discussion is January 19, 2024.
2- We're still watching the FMC's open rulemakings - no new public movement other than the FMC Chairman Daniel Maffei met with the two congressmen who submitted a comment for the D&D rulemaking.
3 - The Canal de Panamá will restrict vessel transits to 18 by Feb 1, 2024 (down from a typical 36 on a good day). One owner just paid $4M to skip the line.
Fortune article:
https://fortune.com/2023/11/08/panama-canal-congestion-record-4-million-skip-line/
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** As always the guidance here is general and for educational purposes only, it should not be construed to be legal advice and there is no attorney-client privilege created by this video. If you need an attorney, contact an attorney. **
#ByLandAndBySea