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Shining Light on Farm & Food Policy for 20 Years.
Thursday, November 21, 2024
The port congestion and skyrocketing fees that ag shippers experienced during the height of the COVID-19 pandemic have largely subsided, according to Federal Maritime Commission Chairman Daniel Maffei.
With the Ocean Shipping Reform Act of 2022 advancing quickly in Congress, shipping experts have begun to turn a critical eye toward the Federal Maritime Commission – the agency responsible for regulating overseas trade.
A pair of commissioners from the Federal Maritime Commission urged action on a bill to reform ocean shipping laws on Thursday, telling senators the commission doesn’t have adequate tools to combat sky-high export pricing.
American ag exporters have been finding it increasingly difficult to get their commodities into containers and onto ships as Chinese companies and international shippers monopolize ocean transportation, but lawmakers are hoping to alleviate the situation with new legislation.
