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...
