Don’t Let OSRA Penalize You: HFA and BlueCargo Can Help

Supply chain port

The Ever-Changing Landscape of Furniture Importing

Home furniture businesses involved in container imports and related activities are complex and dynamic. Disruptions can significantly impede the flow of containerized goods arriving in the US, throwing your meticulously crafted plans into disarray. Adding to the complexity, the Ocean Shipping Reform Act (OSRA) has significantly transformed the landscape, imposing a heavier responsibility on companies to handle Detention & Demurrage (D&D) fees.

Importers who take too long to unload containers or return empty containers to ports are charged fees, such as financial penalties (D&D), which can lead to significant financial issues.

Proactive Maneuvering is Paramount

The new OSRA regulations took effect in May 2024, emphasizing the ongoing need for effective D&D stewardship. The window for disputing D&D invoices has been shortened, underlining the importance of taking proactive steps to avoid unnecessary charges. This is where the strategic partnership between the Home Furnishings Association (HFA) and BlueCargo comes into play.

HFA and BlueCargo: Your Reliable Supporters

The HFA understands the challenges OSRA imposes and the constantly changing logistics industry. That’s why they’ve partnered with BlueCargo, an award-winning freight audit platform, to give their members the tools they need to succeed. BlueCargo gives North American importers the ability to:

  • Presciently Manage D&D Charges: Their tools empower furniture importers to stay ahead of the game by enabling them to pre-audit container invoices, discern potential discrepancies, and ensure they are only shelling out for legitimate charges.
  • Understanding Container Shipping: BlueCargo provides a user-friendly platform that simplifies the entire container workflow, giving you peace of mind and allowing you to concentrate on what’s most important – your business.
  • Keep Freight Costs to a Minimum: By identifying and contesting exorbitant accessorial charges, BlueCargo significantly strengthens furniture importers’ ability to minimize freight costs.

A Tangible Illustration of Success

Industry titans like GE Appliances stand as a testament to the potency of proactive freight audit practices. Through their partnership with BlueCargo, GE Appliances avoided paying a significant $1.6 million in container late fees. This narrative underscores the paramount importance of meticulous invoice auditing in safeguarding your business from substantial financial hemorrhaging.

Benefits of the HFA-BlueCargo Partnership

Members of the HFA can access a variety of resources tailored to assist them in complying with the new OSRA rules and excelling in the constantly evolving realm of furniture importation.

  • Unraveling the Impact of OSRA: Learn about the essential elements of OSRA that have a direct impact on your business and develop strategies to ensure compliance.
  • Mastering Freight Audit Strategies: Discover practical approaches to establish robust freight audit procedures for detecting and disputing discrepancies in D&D charges.
  • Leverage the Expertise of Industry Acumen: Leverage BlueCargo’s team of experts to ensure precise billing and reduce the risk of overpaying.

BlueCargo: Empowering You to Streamline Your Supply Chain

BlueCargo is an award-winning logistics tech platform carefully designed to revolutionize your entire container workflow. Its mission is to guarantee fair freight & drayage billing and accurate accessorial fees at all US Ports. BlueCargo empowers top North American importers, including furniture companies, to track container movements efficiently and simplify auditing their freight expenses.

Maintain a positive outlook with steadfast support

The HFA remains steadfast in supporting its members in the ever-evolving regulatory Logistics terrain. Partnering with BlueCargo, HFA empowers you to master the complex world of furniture supply chain confidently.

Gain the tools and expertise to take control of Drayage and D&D charges, optimize your freight costs, and stay ahead of the game

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