latest publications
Join the conversation as we explore current events impacting the international freight market. From capacity crunches to legislative impacts, Green gives you deep insights for big freight decisions.
UPCOMING OCEAN CARRIER ALLIANCES TO WATCH
In late February, members of the OCEAN Alliance (OA), CMA CGM, Cosco Shipping, Evergreen and OOCL, announced the extension of their partnership agreement for five more years. Solidifying this alliance provides some stability in the shipping sector, that has seen other alliances restructured or dissolved recently. The new agreement begins [...]
USDA ORGANIC REGULATIONS UPDATE: IMPLEMENTATION STARTS THIS WEEK
Implementation of the Strengthening Organics Enforcement (SOE) Rule goes into effect today, March 19, 2024. The new rule updates the USDA’s organic regulations, oversight, and enforcement for organic products including production, handling, and sales. The new rule also implements 2018 Farm Bill requirements, addresses industry requests for regulation updates and National [...]
FREIGHT MARKET UPDATE | WEEK 12 | 2024
In this Week 12 Freight Market Update edition, we explore significant developments impacting freight operations across various regions. PANAMA CANAL Water levels in the Panama Canal are projected to decrease over the next two months, potentially dipping below 80 feet by early April. This decline will likely result in [...]
FMC’S FISCAL YEAR 2025 BUDGET: KEY HIGHLIGHTS AND PRIORITIES
The recently published Federal Maritime Commission (FMC) budget for Fiscal Year 2025 (FY25) demonstrates the Commission's focus on staffing, restructuring, case prioritization, OSRA implementation, and a new electronic case management system. These updates are part of the $48.4 million congressional funding request FMC submitted for FY25 - an increase of [...]
CALIFORNIA EMISSION REGULATIONS FACING BACKLASH FROM REGIONAL FREIGHT INDUSTRY
California state and regional regulatory agencies are facing backlash from the freight transportation sector due to new emissions rules. Similar in goal to SB-253 and SB-261, these rules are being introduced to reduce emissions from freight transportation activities. The agencies are being urged to delay the rules due to high [...]
FREIGHT MARKET UPDATE | WEEK 11 | 2024
In Week 11 of 2024's freight market update, we observe ocean carrier alliance announcements for 2024-2025, and provide updates on the situations in the Suez Canal, Red Sea, Gatun Lake, and Panama Canal. PANAMA CANAL & RED SEA Due to the current situation, many ships are impacts by the [...]
EU TAKES ACTION AGAINST FORCED LABOR: NEW IMPORT BAN RULE
EUROPEAN UNION ANNOUNCES NEW FORCED LABOR RULE The European Union (EU) announced March 5th that a deal had been reached on a new rule set regarding forced labor. Specifically, this new rule will ban imports suspected of being made with forced labor, outlining how the EU will investigate and penalize [...]
FREIGHT MARKET UPDATE | WEEK 10 | 2024
In Week 10 of 2024's freight market update, we observe railcar shortages in select regions while container supplies rebound elsewhere. Meanwhile, geopolitical challenges continue to impact freight transit times through the Red Sea and Panama Canal. CONTAINER SUPPLY There is an improvement in China, with main ports fully stocked, [...]
FREIGHT MARKET UPDATE | WEEK 09 | 2024
In the freight market update for Week 09 of 2024, we see new FMC rulings and other governmental administrative changes. UNREASONABLE CARRIER CONDUCT The Federal Maritime Commission (FMC) announced a forthcoming final rule on unreasonable carrier conduct during a recent congressional hearing. With fines totaling over $2.8 million in [...]
FMC HEARING: ENFORCEMENT INCREASES AND FINAL RULE FOR UNREASONABLE CARRIER CONDUCT
At a February 28th congressional hearing, the FMC confirmed the final rule surrounding unreasonable carrier conduct can be expected to arrive in “the next couple of months.” This rule will come during a time of increased enforcement by the FMC as they have been closely watching surcharges related to the [...]
STRENGTHENING ORGANIC ENFORCEMENT CERTIFICATION FINAL RULE – GRACE PERIOD FOR IMPORTERS
The USDA National Organic Program (NOP) recently released the Strengthening Organic Enforcement (SOE) final rule. The SOE updates the USDA's organic regulations while strengthening oversight and enforcement for organic products including production, handling, and sale. It also implements 2018 Farm Bill requirements, incorporates industry requests for organic regulation updates, [...]
FMC ISSUES CHASSIS RULING
A recent ruling by the U.S. Federal Maritime Commission (FMC) may have implications for container transport within the U.S. As a result of this ruling, ocean carriers were ordered to cease requiring cargo owners and their truckers use specific chassis for shipper-controlled transportation. The ruling responds to Ocean Carriers [...]
FINAL RULE PUBLISHED BY FMC ON DEMURRAGE AND DETENTION BILLING
A final rule was issued today by the Federal Maritime Commission (FMC) addressing new obligations for demurrage and detention billing charged by marine terminal operators (MTOs) and common carriers. The rule, effective May 28, 2024, includes detailed information on processes for disputing bills, invoicing, and time frame. FMC RULE SPECIFICATIONS [...]
FREIGHT MARKET UPDATE | WEEK 08 | 2024
In the freight market update for Week 08 of 2024, we see continued volatility with some container volumes rebounding. LE HAVRE, FRANCE PORT LABOR Labor disruptions have been scheduled for February 22, 2024, and February 27, 2024. The strikes are expected to impact operations. As a result, the gates [...]
NEW GREEN FUEL PRICING PROPOSAL MUST FIND COMMON GROUND WITH CURRENT EU CARBON TAX
The World Shipping Council (WSC) is looking to submit a proposal for a new global green fuel pricing mechanism which would encourage a shift from fossil fuels to greener alternatives from ocean carriers. This proposal would have to figure out a way to work alongside or replace the current Emissions [...]
NEW CALIFORNIA CLIMATE REPORTING LAWS
California recently enacted two climate disclosure acts SB-253 Climate Corporate Data Accountability Act and SB-261 Greenhouse Gases: Climate-Related Financial Risk. These new legislative documents make it mandatory for many companies operating in California to report both quantitative and qualitative climate information. These laws are expected to have a significant [...]
latest publications
Join the conversation as we explore current events impacting the international freight market. From capacity crunches to legislative impacts, Green gives you deep insights for big freight decisions.
UPCOMING OCEAN CARRIER ALLIANCES TO WATCH
In late February, members of the OCEAN Alliance (OA), CMA CGM, Cosco Shipping, Evergreen and OOCL, announced the extension of [...]
USDA ORGANIC REGULATIONS UPDATE: IMPLEMENTATION STARTS THIS WEEK
Implementation of the Strengthening Organics Enforcement (SOE) Rule goes into effect today, March 19, 2024. The new rule updates the USDA’s [...]
FREIGHT MARKET UPDATE | WEEK 12 | 2024
In this Week 12 Freight Market Update edition, we explore significant developments impacting freight operations across various regions. PANAMA [...]
FMC’S FISCAL YEAR 2025 BUDGET: KEY HIGHLIGHTS AND PRIORITIES
The recently published Federal Maritime Commission (FMC) budget for Fiscal Year 2025 (FY25) demonstrates the Commission's focus on staffing, restructuring, [...]
CALIFORNIA EMISSION REGULATIONS FACING BACKLASH FROM REGIONAL FREIGHT INDUSTRY
California state and regional regulatory agencies are facing backlash from the freight transportation sector due to new emissions rules. Similar [...]
FREIGHT MARKET UPDATE | WEEK 11 | 2024
In Week 11 of 2024's freight market update, we observe ocean carrier alliance announcements for 2024-2025, and provide updates [...]
EU TAKES ACTION AGAINST FORCED LABOR: NEW IMPORT BAN RULE
EUROPEAN UNION ANNOUNCES NEW FORCED LABOR RULE The European Union (EU) announced March 5th that a deal had been reached [...]
FREIGHT MARKET UPDATE | WEEK 10 | 2024
In Week 10 of 2024's freight market update, we observe railcar shortages in select regions while container supplies rebound [...]
FREIGHT MARKET UPDATE | WEEK 09 | 2024
In the freight market update for Week 09 of 2024, we see new FMC rulings and other governmental administrative [...]
FMC HEARING: ENFORCEMENT INCREASES AND FINAL RULE FOR UNREASONABLE CARRIER CONDUCT
At a February 28th congressional hearing, the FMC confirmed the final rule surrounding unreasonable carrier conduct can be expected to [...]
STRENGTHENING ORGANIC ENFORCEMENT CERTIFICATION FINAL RULE – GRACE PERIOD FOR IMPORTERS
The USDA National Organic Program (NOP) recently released the Strengthening Organic Enforcement (SOE) final rule. The SOE updates the [...]
FMC ISSUES CHASSIS RULING
A recent ruling by the U.S. Federal Maritime Commission (FMC) may have implications for container transport within the U.S. [...]
FINAL RULE PUBLISHED BY FMC ON DEMURRAGE AND DETENTION BILLING
A final rule was issued today by the Federal Maritime Commission (FMC) addressing new obligations for demurrage and detention billing [...]
FREIGHT MARKET UPDATE | WEEK 08 | 2024
In the freight market update for Week 08 of 2024, we see continued volatility with some container volumes rebounding. [...]
NEW GREEN FUEL PRICING PROPOSAL MUST FIND COMMON GROUND WITH CURRENT EU CARBON TAX
The World Shipping Council (WSC) is looking to submit a proposal for a new global green fuel pricing mechanism which [...]
NEW CALIFORNIA CLIMATE REPORTING LAWS
California recently enacted two climate disclosure acts SB-253 Climate Corporate Data Accountability Act and SB-261 Greenhouse Gases: Climate-Related Financial [...]
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