
The Federal Maritime Commission
The Federal Maritime Commission (FMC) is a U.S. government agency responsible for regulating the ocean shipping industry. It ensures fair competition, protects consumers, and oversees shipping practices among cargo carriers and terminal operators. The FMC helps prevent unfair practices and monitors shipping rates and service agreements. It also investigates complaints from shippers and consumers regarding maritime shipping issues. By maintaining a balance between carriers and shippers, the FMC promotes a reliable and efficient maritime transportation system, which is vital for international trade.