Three commissioners of the Federal Maritime Commission contend a merger between Canadian Pacific and Kansas City Southern would result in diverting U.S.-bound intermodal traffic to Canadian ports.
Federal Maritime Commissioner Dan Maffei says in an interview that the bill will return “credibility to the supply chain.”
While the Federal Maritime Commission’s Rebecca Dye found no evidence of collusion among the major ocean carriers, an investigation into the “numerous charges” they assess still could be launched.
The Biden administration wants consumer protection regulators to examine whether giant retailers are creating supply chain distortions for smaller businesses.
The Federal Maritime Commission is ratcheting up pressure on ocean carriers to reduce logistical challenges for their customers.
Commission).Bentzel: “Let’s face it, it’s taking two or three times longer to deliver cargo because of congestion and conservatively prices are three to five times higher.”
Officials are creating unrealistic expectations that supply chains will be unplugged within weeks or months.
The ports of Los Angeles and Long Beach haven’t informed federal regulators yet about their plans to hit ocean carriers with big fees for excessive storage of containers.
Biden-backed plan to tackle container congestion could make logjam even worse, critics believe.
As freight congestion weakens transportation links, AskWaves looks at potential federal funding options for supporting a move to 24/7 operations.
