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After last week’s tripartite meeting, when regulators agreed to collaborate to find solutions to failing supply chains, US shippers have backed new legislation that aims to rebalance the shipper-carrier relationship.

In an open letter, 152 US companies and trade associations wrote of their “strong support for the Ocean Shipping Reform Act of 2021 (OSRA21)”.

In thanking the two congressmen who sponsored OSRA 21, the signatories said it would: “Help address longstanding, systemic supply chain and port disruption issues, which have been further exacerbated ...

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  • Gary Ferrulli

    September 14, 2021 at 4:10 pm

    First, Congress has delayed starting the process until “late in 2021”. Too many other important issues to be addressed. And then to think that Congress or the regulatory agencies can resolve the supply chain and/or congestion issues, wishful thinking at best.