Pacific-based NVOCC and freight services provider, Famous Pacific Shipping, says it welcomes the recent decision by the US Federal Maritime Commission (FMC) to allow Non-Vessel-Operating Common Carriers (NVOCCs) to enter into confidential contracts with their customers.
Although a final rulemaking is awaited, by allowing NVOCCs to enter into confidential service contracts with their customers, so long as they are filed with the FMC, FPS believes that the new rule will change the way in which shippers and NVOCCs conduct business with each other and provide benefits to all parties involved in international shipping.
“In the last five years, there has been a huge growth in confidential service contracts negotiated by vessel-operating common carriers. This new rule will help to level the playing field and help NVOCCs to compete,” said Benny Ling, chairman of Famous Pacific Shipping.
FPS Logistic (USA) Inc, currently offers import and export seafreight consolidation services, customs clearance and door-to-door deliveries. Major plans for the future include the expansion of airfreight services, as well as the implementation of EDI and cargo track and trace.