On October 13, 2011, the Federal Maritime Commission launched a rulemaking that proposed to allow rate levels within oceangoing service contracts to be linked to industry freight indices. Some carriers and shippers had pushed for the change in hopes of achieving greater rate stability in the notoriously uncertain liner trades.

California retailers may be liable for large money awards if they falsely advertise that their products are on sale.

Features Importers and Exporters Should Require in GTM Technology