FMC (Federal Maritime Commission) Compliance
FMC compliance is the adherence to the rules and regulations established by the Federal Maritime Commission (FMC), the United States government entity in charge of regulating international ocean transportation. Freight forwarders and Non-Vessel Operating Common Carriers (NVOCCs) must follow FMC regulations in order to legally provide shipping services to and from the United States. This includes filing with the FMC, maintaining surety bonds, and adhering to tariff publishing rules.
CargoWise simplifies FMC compliance with built-in modules that handle tariff submissions, license validation, and automated documentation by US maritime legislation. Noncompliance by logistics providers can result in severe consequences such as fines and termination of operating privileges. Proper compliance ensures price transparency, protects shippers from unethical tactics, and nurtures confidence between logistics firms and their clients. Using a platform like CargoWise not only makes it easier to follow FMC requirements, but it also assists global logistics organizations in maintaining operational continuity in the US market.
