Drayage, Logistics Industry
Demurrage and detention are terms that play a big role in the economics and efficiency of your shipping operations. At FMI, we understand that effective management of these charges is not just about cost control—it’s about strategic logistics planning that keeps...
Drayage, Logistics Industry, Supply Chain
The freight industry is undergoing some notable changes in 2024, particularly with the Federal Maritime Commission’s (FMC) recent regulations and rules. These rulings include new regulations that refine demurrage and detention billing practices, explicitly...
Freight, Logistics Industry
There are many benefits of working with a freight logistics company if you’re shipping freight, especially if shipping regularly. From figuring out the best route to transport your goods to making sure they arrive on time and in good condition. From reducing...
Logistics Industry, Supply Chain
The trucking industry is a significant part of the U.S. economy according to many statistics. The American Trucking Association says it makes up one of the largest revenue streams and hauled 10 billion tons of goods across the country in 2020. This accounts for...
