President Biden Signs Ocean Shipping Reform Act
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On June 16, President Biden signed S.3580, the Ocean Shipping Reform Act of 2022. The new law strengthens the Federal Maritime Commission’s authority to enforce rules on demurrage and detention fees and to establish guidelines for reasonable ocean carrier practices.
Travis Arp, U.S. Meat Export Federation (USMEF) assistant vice president of export services, explains in this USMEF report that the new law will help improve the ocean shipping services available to exporters of U.S. agricultural products, including red meat.
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The U.S. Meat Export Federation (www.USMEF.org) is the trade association responsible for developing international markets for the U.S. red meat industry. It is funded by USDA; the beef, pork, lamb, corn and soybean checkoff programs, as well as its members representing nine industry sectors: beef/veal producing & feeding, pork producing & feeding, lamb producing & feeding, packing & processing, purveying & trading, oilseeds producing, feedgrains producing, farm organizations and supply & service organizations. USMEF complies with all equal opportunity, non-discrimination and affirmative action measures applicable to it by contract, government rule or regulation or as otherwise provided by law. USMEF is an equal opportunity employer and provider.