DIAZ Trade Law

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New FMC License Renewal Process

The Federal Maritime Commission (FMC) final rule governing licensing has been in effect since December 9, 2016. Under the new final rule, the FMC is requiring Ocean Freight Forwarder (OFF) and Non Vessel Owning Common Carrier (NVOCC) licenses to be renewed every 3 years using the new online license renewal system. The FMC already sent READ MORE

Hate Unfair Demurrage Charges? Want To Do Something About It?

Now’s the time to make your voice heard. Below details what demurrage charges are and a trade initiative that FMC is currently requesting comments on. What is demurrage? Demurrage is “a penalty charge against shippers for delaying a shipment/container at a port of loading or destination beyond the allowed free”.   How Much Time is¬†Provided READ MORE

Top Successes of Diaz Trade Law (DTL) & Diaz Trade Consulting (DTC) in 2016!

DTL saved clients MILLIONS of dollars in 2016, below we list a summary of some of our compliance successes! U.S. Customs & Border Protection (CBP) Assisted an importer in having $434,486.00 worth of goods seized returned to it in a RECORD 24 working days, with a signed settlement agreement with CBP in a record 17 READ MORE

OTI’s – July 31 is Deadline to Voice Opinion on FMC’s Proposed Changes

Now’s the time to apply to become a non vessel operating common carrier (NVOCC) and/or ocean freight forwarder (OFF).  FMC has proposed major changes to its regulations and application requirements for Ocean Transportation Intermediaries (OTIs).   Get your application in now to avoid those changes, and/or, learn the changes and spend the time to comment on them while you READ MORE