The US House of Representatives passed legislation on Wednesday providing for the first major update of US International ocean-shipping laws in more than two decades. The Ocean Shipping Reform Act of 2021 was introduced by US Congressmen John Garamendi (D-CA) and Dusty Johnson (R-SD) to establish reciprocal trade to promote US exports and to address the findings of the investigations conducted by the Federal Maritime Commission on detention and demurrage. The bill was approved by the House with a vote of 364 to 60 and now goes before the Senate for further consideration.
Meanwhile, Ports of Los Angeles and Long Beach (LA/LB) have postponed the introduction of a container daily dwell fee of $100 for the fourth week running. Since the fee was announced by the Biden-Harris Supply Chain Disruptions Task Force on October 25, the ports have seen a 37% reduction in “aging” cargo on the docks.