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News / US Shipping Act revision gives FMC power to watch shipping alliances with a sterner eye

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ID 89491502 © Sheila Fitzgerald | Dreamstime.com
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US president Donald Trump this week handed the Federal Maritime Commission greater powers to regulate container shipping lines, following profound industry consolidation, through a revised US Shipping Act.

The FMC Authorization Act of 2017 was signed into law by the president on Tuesday, “marking the first ...

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