In a speech to the annual meeting of the National Customs Brokers & Forwarders Association of America, Lidinsky outlined the FMC’s efforts to overhaul its regulations covering NVOs.
The FMC, Lidinsky emphasized, is trying to balance the need to reduce regulatory burdens on NVOs, which have no antitrust immunity and are required to post bonds, with the need to protect the shipping public against fraud and unfair practices.