Ocean shipping reform bill looks to turn the tide
Story Date: 8/18/2021

 

Source: Jacqui Fatka, FEEDSTUFFS, 8/13/21


Ag exporters have faced substantially increased costs to ship their goods overseas, challenges obtaining containers and other equipment to deliver their goods to ports and beyond, and often incur booking cancellations or delays for vessel space. New legislation, the Ocean Shipping Reform Act of 2021, looks to support American exports by establishing reciprocal trade opportunities to help reduce the United States’ longstanding trade imbalance with China and other countries and establish rules of the road for fair trading. 

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