The U.S. FMC has launched the information gathering stage of its investigation of port demurrage and detention practices. This will take some time to complete – the initial complaint was made in December 2016 and a final report is due December 2018. Yet, the impact, as seen in the case of the Transpacific Stabilization Agreement, could be transformational for industry practices. Options could theoretically include the regulation of rates if a lack of competition in services is demonstrated. A Herfindahl–Hirschman Index can help determine the most “consolidated” (or least “competitive”) p...