What’s Up, Docks? Life in supply chain management is never dull, huh?
Now that the new year is off to a bang and the second quarter is in sight, we’ve got some important news for you. We pulled together some of the top stories from the last month so you can stay updated with need-to-know industry news. Keep reading for updates on the Ocean Shipping Reform Act (OSRA), Port of Long Beach adjustments, and much, much more.
FMC Increasing Carrier Investigations, Addressing Complaints, and Ensuring Compliance with OSRA
With the days disappearing from the calendar, the Federal Maritime Commission (FMC) is planning to step up investigations into carriers in 2023. Its current main focuses are addressing rising demurrage and detention fees, intermodal chassis refusals, and incidents where ocean carriers refuse vessel space to shippers. The FMC is addressing over 200 complaints against carriers for these topics and others. It will also be adding another $6 million annually to its budget to hire more staff.
While OSRA has proven to be a divisive subject in our industry, the TOC team still believes it’s important to stay updated on the most recent actions from the FMC. After all, we like to be informed about anything that could potentially impact our industry. When in doubt, reach out to your TOC representative with any questions you may have.
Port of Long Beach Considers Truck Appointment System to Enhance Efficiency and Reduce Turn Times
The Port of Long Beach is on board with the Harbor and California Trucking Associations’ idea to create a single, interoperable truck appointment system for the dozen San Pedro Bay container terminals. Their goal here is to improve efficiency and lower turn times. The idea is likely inspired by the Port of New York and New Jersey, which has already implemented a similar system and has since reported a 45% reduction in turn times. However, to make this a reality, private terminal operators must also be open to the change.
Those who support the idea hope it won’t be necessary to create a brand new process if there’s already digital infrastructure in place at some of the terminals. It looks like time will tell. We’re excited to see what develops in Long Beach!
Trade Associations Urge Members to Diversify Supply Chains Amid US-China Tensions
In case you haven’t noticed, there’s been some tension between the U.S. and China lately because of some alleged spy balloons. And because of that, associations like the National Retail Federation, the American Footwear and Apparel Association, and the Council of Supply Chain Management Professionals are encouraging their logistics and supply chain industry members to diversify their supply chains.
Some companies are trying to bring more manufacturing back to North America, while others are moving to other locations like Vietnam, the EU, South Korea, and India. But it’s important to remember that diversifying supply chains takes time, and there are some concerns around technology, workforce availability, infrastructure, reliability, and quality. Let’s keep all of these things in mind as we work to stay strong and flexible!
We hope you found our recent update informative and helpful. As you navigate through these changes, we want to remind you that TOC is here to support you every step of the way. From optimizing your supply chain to providing end-to-end logistics solutions, our team of experts is committed to helping you navigate the ever-evolving landscape. Don’t hesitate to reach out and let us know how we can help you stay ahead of the curve.