Transpacific shipping costs have fallen by 53% in the past three months.
July 13, 2022FMC
Ocean Shipping Rates Begin to Decline

Senate Confirms Federal Maritime Commissioner

Max Vekich was confirmed by a 51-43 Senate vote to serve on the Federal Maritime Commission through 2026.
February 14, 2022Top Maritime Regulator Sees Shipping Snarls Lasting to 2022
The top U.S. maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay strained into 2022, raising concerns about whether small American companies can weather another year of a tangled transport system and much higher costs.
June 9, 2021FMC Chairman Daniel Maffei: Port Congestion Likely to Last Through Summer
Lingering congestion at the nation’s major ports is likely to continue throughout the summer and possibly later into the year, said Daniel Maffei, the new chairman of the Federal Maritime Commission.
April 13, 2021Maffei Named Maritime Commission Chairman
The Biden administration tapped Daniel Maffei to lead the Federal Maritime Commission, the agency announced recently.
April 1, 2021Federal Maritime Commission Appoints Karen Gregory Regulatory Reform Officer
Karen Gregory, managing director of the Federal Maritime Commission, has been appointed the agency’s regulatory reform officer, acting Chairman Michael Khouri announced March 13.
March 13, 2017