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Title 46: Shipping
CHAPTER IV: FEDERAL MARITIME COMMISSION
SUBCHAPTER B: REGULATIONS AFFECTING OCEAN SHIPPING IN FOREIGN COMMERCE
PART 535: OCEAN COMMON CARRIER AND MARINE TERMINAL OPERATOR AGREEMENTS SUBJECT TO THE SHIPPING ACT OF 1984
Subpart H: Mandatory and Prohibited Provisions
535.803 - Ocean freight forwarder compensation.
No conference or group of two or more ocean common carriers may:
(a) Deny to any member of such conference or group the right, upon notice of not more than 5 calendar days, to take independent action on any level of compensation paid to an ocean freight forwarder; or
(b) Agree to limit the payment of compensation to an ocean freight forwarder to less than 1.25 percent of the aggregate of all rates and charges applicable under the tariff assessed against the cargo on which the forwarding services are provided.
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