A U.S. Senator from Minnesota says the Ocean Shipping Reform Act, recently signed into law by President Biden, will level the playing field for American exporters.
Democrat Amy Klobuchar says, “This came out of really outrageous increases in rates, not just for farmers, but for manufacturers as well,” she said. “Four times in one year the container rates went up. Profits soared, and they are all international shipping conglomerates.”
She says the new law makes it harder for foreign-owned ocean carriers to unreasonably refuse goods ready to export at ports.
