Regulation & Policy

Legislators’ recent interest in rewriting the Shipping Act of 1984 has been sparked by third-party suppliers’ fears of alliances having too much power.


Commissioners at a regular FMC meeting on Wednesday called into question their capacity to fulfill the agency’s role as a voice for its stakeholder community, scrutinizing the so-called “notices of inquiry”, which allow the public to weigh in on pertinent issues.

The legislation was sought by resin exporters.

The existence of a border wall wouldn’t impede trade facilitation, except that it would cost a great deal of money that might not be available for hiring new Customs officers.

Such a move already has support on Capitol Hill, where lawmakers have been weighing options to strengthen Federal Maritime Commission safeguards against collusion among carriers in the world’s three major VSAs.

The US agency charged with clearing goods at the border lacks sufficient staff to handle the growing flow, and the price of related delays are costing the United States as much as $5.8 billion a year, according to a report by the US Congress Joint Economic Committee.

Roughly $4.6 billion is needed at East and Gulf coast ports to remedy pinch points in harbor infrastructure.

The decision will facilitate infrastructure investment.

Spanish dockers have threatened a fresh wave of strikes.

US Customs and Border Protection sided with the oil and gas industry over Jones Act supporters in the first major test of how the act’s US-flag shipping requirements will be interpreted under the Trump administration.