trade-tech

Ocean Shipping Reform puts NVOCCs in a bind

The Ocean Shipping Reform Act of 2022, passed by Congress and signed into law on June 16, has left NVOCCs in a difficult position in complying with the new requirements for invoicing demurrage and detention (D&D) charges, says Bryn Heimbeck., president and co-founder of shipping IT firm, Trade Tech. He says that under the legislation, which was passed without input from the freight industry, the Container Availability Date must now be ... [+]