CTA Hails Senate OK of Ocean Shipping Reform Act
The Senate's passage of the Ocean Shipping Reform Act is “a major step in fighting inflation,” said CTA President Gary Shapiro Friday. The measure, S-3580, sponsored by Sen Amy Klobuchar, D-Minn., would “address major supply chain challenges driving up costs…
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to manufacturers, retailers, and consumers,” said Shapiro. The bill, which would boost Federal Maritime Commission authority to hold ocean carriers accountable, cleared the Senate by a voice vote Thursday.