“The intent of OSRA was to help create a more market-driven and focused international ocean shipping environment, which the report reflects it has done to some extent,” said Louis Policastro Jr., vice president of export for the association. “It is now time to bring those benefits to all involved in our industry.”
Freight forwarders and customs house brokers, who along with non-vessel-operating common carriers became known as ocean transportation intermediaries under OSRA, have complained since the act was proposed that it discriminated against OTIs by requiring them to file tariffs, while restricted them from negotiating confidentially with shippers. The OTI industry has since been a vocal proponent to restrict or eliminate ocean carriers' antitrust immunity. That effort has lost steam, however.
Policastro said the association was “pleased the OSRA study and individual commissioners acknowledged the issues of ocean transportation intermediaries, such as the relevancy of tariff publication in today's environment, enforcement of online tariff rates, possible future revision to tariff requirements and the issue of antitrust immunity under OSRA.
The association also noted that the FMC study “focused on the rise of ocean carrier 'discussion agreements,' under OSRA, the impact of so-called 'voluntary' rate and accessorial guidelines have on the trade and the continuing evolution of the industry as e-commerce and new technologies begin to play an increasingly important part of our industry.”
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now