US shippers warn revived China ship fees could ‘eliminate’ ag exports
US agriculture exporters are gearing up for another fight over Washington’s plans for penalties on ...
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CHRW: OVERVALUEDGM: NEW BIZFDX: GROWING CAUTIOUSDHL: DOUBLE UPGRADEDSV: STOCK MARKET REACTION XOM: OIL INVENTORY WARNINGWTC: EBL DEAL DETAILSWTC: EBL DEALEXPD: 'READ MY LIPS' HON: DEALS ON THE MENUEXPD: NEW RECORD XPO: THE REBOUNDCAT: PAYOUT UP
More than 100 companies and associations representing the US agricultural industry have written to Senators Chuck Schumer and Mitch McConnell to urge them to consider a bill which addresses “unreasonable ocean carrier practices that are undermining US export competitiveness”.
Noting that “the transportation crisis for US agriculture products has become increasingly dire”, the letter said current laws were insufficient to protect US shippers. It urged them to advance legislation to ensure carriers took responsibility for exports, and “additional enforcement tools to address injurious carrier practices”.
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