The U.S. Senate introduced on Thursday its version of legislation aimed at promoting U.S. exports while curbing carriers’ power over both container service and equipment fees charged to shippers.
The Ocean Shipping Reform Act (OSRA) is similar to legislation that passed overwhelmingly late last year in the U.S. House, though it lacks some of the specifics of the earlier bill. Both bills would give the Federal Maritime Commission authority to initiate rulemakings, making it more difficult for...
https://www.freightwaves.com/news/senate-introduces-ocean-shipping-reform-bill