INDUSTRY groups praised the passage of the Ocean Shipping Reform Act, which is expected to reduce shipping costs and empower the Federal Maritime Commission (FMC) to crack down on bad practices in ocean shipping, reports Washington, DC's Supply Chain Dive.
Federal Maritime commission chairman Dan Maffei declared the changes will bring increased accountability to ocean cargo services.
Said American Trucking Associations CEO Chris Spear: "This bill provides important tools to address unjustified and illegal fees collected from American truckers by the ocean shipping cartel - fees that have contributed to the shipping lines raking in $150 billion in profits just last year."
Said Harbour Trucking Association CEO Matt Schrap: "This is a step in the right direction. Now it is up to FMC to take the reins and follow through."
Said World Shipping Council (WSC): "The increased rate levels we have seen over the past years are a function of demand outstripping supply and landside congestion, exacerbated by pandemic-related disruption ... Until the import congestion is remedied, export congestion will persist,"
"The World Shipping Council will continue to work with federal and state policymakers, as well as other parties, to pursue the necessary lasting solutions - such as continued investment in port infrastructure - that can have real impact in strengthening the intermodal transportation system that has supported the US economy through the pandemic."
Said Agriculture Transportation Coalition (ATC): "Great news, big step forward, every sponsor's statements indicated that they were motivated to gain improved ocean carrier service for US agriculture exporters ... [but] this is not the final victory, this is the next step."
Said National Retail Federation senior vice president David French: "Making OSRA federal law helps address longstanding systemic supply chain and port disruption issues that existed well before the pandemic by providing the Federal Maritime Commission the additional authority it needs."