• TPM25
  • March 2-5, 2025 | Long Beach Convention Center

Session Details

TPM24 Academy: OSRA 2022 — Updates, Outcomes, and Future Scenarios

Monday, 4 March

4:10 pm - 4:55 pm (PST) / 05/mar/2024 12:10 am - 05/mar/2024 12:55 am

Just because the Ocean Shipping Reform Act took effect in June 2022 doesn’t mean that this legislation is on “autopilot” and that it can now be treated as a static part of the regulatory landscape. To the contrary, those provisions of OSRA 2022 that took effect immediately have needed some time to get implemented, while other elements of the act require further rulemaking activities by the Federal Maritime Commission and may have lengthy phase-in periods. In this reality-based session, we’ll analyze the key elements of OSRA 2022 and what shippers may expect today and going forward regarding carrier and NVOCC behavior in areas such as refusals to deal or negotiate with shippers; space availability and booking confirmation; provision of ocean containers, export receiving dates, rail storage, invoicing requirements for demurrage and detention fees; and charge complaints. We will also review how the FMC is enforcing its provisions. As part of a comprehensive treatment of this subject matter, we’ll also review how OSRA 2022 may adapt to ever-changing market requirements in the future.

Session Speakers