US FMC Granted AGX Philippines FMC-License NVOCC

It is with great pleasure to announce that on June 2, 2022, US Federal Maritime Commission (FMC) has granted our wholly subsidiary in Philippines namely AGX Express Phils., Inc. a Non-Vessel Operating Common Carrier license (NVOCC). This is another milestone and credential for AGX Logistics as obtaining the license, have demonstrated our expertise in the field and financial stability.

FMC or Federal Maritime Commission is the US federal agency regulating the US ocean-based transports. US-based companies acting as freight forwarders or NVOCCs must obtain an Ocean Transportation Intermediary (OTI) license from the FMC. Non-US-based NVOCCs are not required to obtain a license but can register with the FMC.

Why it is important

From a company’s perspective, having an FMC license means NVOCCs can negotiate deals with the shipping lines. It also allows the NVOCCs to generate in house bills of lading, which is recognized as carrier bills.

From a client’s perspective, working with an FMC-licensed NVOCC creates a certain level of trust and reliability in the company. FMC licensing ensures:

• Right Pricing
  FMC prevents NVOCCs from charging customers unfair costs.

• Regulations
  FMC license regulates everything for NVOCCs. That gives you as a shipper some security. Because when working with an FMC-licensed NVOCC, you can seek assistance from FMC if you need help with unfair treatment.

• Reliability
  Shippers prefer to work with FMC-licensed NVOCC because it provides a safety net. Many things can happen with the NVOCC. It can go out of business, or any other damage occurs while having the shippers’ cargo in their possession. When this happens, shippers have some chance of recovering the cost.

We are glad to inform that AGX Logistics can now begin shipping to the USA under our House Bill of lading (HBL).

To find out more about the tariff filing guidelines and more information regarding this FMC license, please contact our Philippines office today at (+63) 45-499 0116 or agx.mnl@agxlogistics.com. AGX Philippines is established on 28 November 2012 in Clark Freeport Zone, headed by Mr. Maximino Gulmayo, Jr. The Company has expanded its operations in different strategic locations in the Philippines to meet its clients’ demands and requirements. The Company provides Air Freight Forwarding Services, Sea Freight, Land Transportation, and Warehouse Services to its wide range of customers including both local and international clients.