Ocean Shipping Reform Act Passed House of Representatives
For the first time since 1998, the regulations governing U.S. container trades have received an overhaul. With an overwhelming approval of 369-42, the U.S. House of Representatives passed the Ocean Shipping Reform Act (OSRA) of 2022, which President Biden is expected to sign soon. TA President and CEO, Chris Spear, said that the Federal Maritime […]
GPA Expands Container Capacity
The Covid-19 pandemic dragged infrastructure issues directly into the spotlight, one of them being the dire need for capacity expansion at ports; An issue that was exacerbated by equipment shortages, labor shortages, and various supply chain disruptions. The Georgia Ports Authority (GPA) has unveiled a plan to increase container capacity at the Port of Savannah […]
Promises Plateau for Port Congestion
The highly contested port fee plan, backed by the Biden administration with the intention of motivating container movement, is starting to lose its grandiose. Since the announcement, long-dwelling containers at ports were down by 50%, though the implementation date for the fee itself has been pushed back more than five times already. “My money says […]
