Freight Management, Inc (FMI)

With recent updates to the Federal Maritime Commission (FMC) regulations, staying informed and adaptable is more crucial than ever. Let’s explore the nuances of demurrage and detention, helping you navigate your supply chain as efficiently as possible since the change on May 28th, 2024 - https://ow.ly/eTPQ50Sb9Bz #freight #supplychain #fmc #regulations #maritime

3 Benefits Of The New FMC Regulations On Chassis Choice 1. Choice Of Chassis Providers 2. Reduction In Operational Costs 3. Improved Supply Chain Efficiency 3 Things Impacted By These New Rules 1. Enhanced Competitiveness And Service Quality 2. Simplified Logistics And Reduced Delays 3. Potential For Cost Savings Learn all about this - https://ow.ly/UUHM50S7IEw #chassis #newrules #freight #supplychain #logistics

The New FMC Regulations On Chassis Choice In 2024 These changes, particularly empowering carriers to select their chassis providers, are designed to inject more flexibility and efficiency into the freight transport sector. Here is what you need to know about these new regulations: https://ow.ly/t9LY50S7I9O #chassis #righttochoose #mychoice

Traditionally, #chassis pools are managed by a single person or business or by a group. They provide standardized equipment that can be accessed by multiple #shipping lines and #transportation companies. This model allows for flexibility and helps to balance the chassis supply with fluctuating demand, a crucial aspect in busy #logistics hubs. However, this system also comes with some challenges, particularly regarding the availability and quality of equipment. The dependency on pool operators and the lack of choice in equipment can sometimes lead to inefficiencies and increased operational costs for carriers. This is where the new FMC regulations come in, and they will change how chassis pools operate in the United States - https://ow.ly/xczO50S7Hyl

UNDERSTANDING CHASSIS POOLS IN 2024 With the latest updates to the Federal Maritime Commission (FMC) regulations impacting chassis pools, understanding how they work is more important now to your bottom line. Let’s dive into what chassis pools are and how the new rules that started on May 28th, 2024 will enhance flexibility & efficiency in your shipping operations - https://ow.ly/X0Zo50S14Zi You'll learn about: 👉 What is a chassis pool? 👉 The challenges before the FMC ruling. 👉 The impact after the new FMC ruling. 👉 How to leverage these changes to your benefit. #chassis #chassislifestyle #chassisswap #freight #logistics #drayage #supplychain #newrules #newregulations

UNDERSTANDING DEMURRAGE AND DETENTION IN 2024 With recent updates to the Federal Maritime Commission (FMC) regulations, staying informed and adaptable is more crucial than ever. Let’s explore the nuances of demurrage and detention as of May 28th, 2024, helping you navigate your supply chain as efficiently as possible - https://ow.ly/5YKB50S14kX You'll learn about: 👉 What are demurrage and detention? 👉 Common challenges including costs, delays, administrative burdens, and lack of transparency. 👉 New impact of FMC ruling. 👉 How to leverage these changes to your advantage. #Demurrage #Detention #Freight #Logistics #SupplyChain #Drayage #NewRules #NewRegulations

4 Strategic Considerations For Navigating Recent FMC Regulations That Started Yesterday 1. Clear communication 2. Embrace diversified service options 3. Monitor and adapt 4. Stay proactive with dispute resolution Understand each problem and solution today - https://ow.ly/aczA50RYxq3 #freight #logistics #drayage #fmc #regulations #newrules #fmi

4 Challenges Ahead Due To The Recent FMC Ruling That Starts May 28th 1. Payment disputes 2. Increased pressure on accuracy 3. Negotiation complexity 4. Chassis pool complexity Let's navigate each challenge and solution - https://ow.ly/Z2Bp50RYsCX

3 Opportunities Starting May 28th - New FMC Regulations New legislation can be complex, and while in the beginning it might give you a headache, hopefully, it will have an overall positive impact on the industry. 1. Increased demand for brokerage services 2. Risk mitigation 3. Value-added services Learn about each - https://ow.ly/P6fH50ROIy6 #positiveimpact #opportunities #newrules #freight #logistics

New Federal Maritime Commission #Regulations Starting May 28th, 2024 1. New #billing practices for demurrage and detention: Detention and demurrage cannot be billed directly to draymen anymore. The invoices will have to go to the customer/BCO now. 2. Empowering motor carriers with #chassis choice: Steamships cannot require draymen to use specific chassis pools for their containers anymore. Let's examine each - https://ow.ly/ENpw50ROHWV