Supply Chain Council of European Union | Scceu.org
Transportation

Ocean Shipping Policy Developments To Watch

by scceu0333

By Linda Chiem (April 15, 2022, 5:15 PM EDT) — The ocean shipping industry is finding little relief in the post-pandemic economy as policymakers float new trade, competition and supply-chain measures intended to help importers, exporters, freight carriers, and port operators in a world wracked by surging inflation, fuel prices and a war in Europe.

The Biden administration in recent months has made competition-enhancing moves to help alleviate a supply-chain crunch in the face of heavy consolidation in the market, while Congress is working on rewriting decades-old laws in response to purportedly unscrupulous business practices in the ocean carrier shipping industry. At the same time, efforts to address climate change and environmental…

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