The Federal Maritime Commission’s proposal to create a container rate index for agricultural exports would violate the Ocean Shipping Reform Act’s confidentiality provisions and should be abandoned, the World Shipping Council said.
The council’s statement came in a strongly worded response to the commission’s request for comments on the index proposal.
FMC Chairman Richard Lidinsky Jr. floated the idea of a container rate index for agricultural exports based on a sampling of service contracts filed with the FMC.