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Companies to US Shipping Regulators: Sufficient Investigation, Enforcement Started

File Photo: On August 21, 2021, a shipping container can be seen at a port in Bayonne, New Jersey, USA.Reuters / Andrew Kelly

October 27, 2021

Washington (Reuters) – A U.S. industry group representing companies selling luggage, backpacks, and other travel goods has given President Joe Biden regulations on shipping and other charges to help reduce shipping costs. We demand that it be strictly enforced.

The Travel Goods Association, which makes about $ 1 billion annually in the United States, calls for “immediate action-active enforcement, leadership to bring all stakeholders to the table, immediate relief, and more.” I did.

They said shipping costs are now eight to ten times higher than they paid last fall, “we are witnessing a rate that exceeds the value of products shipped in containers.”

The group said contracts could be ignored due to leftover goods, delaying arrival at US ports, and charges for the delays.

The group did not blame the COVID-19 pandemic issue, but the crisis creates an unprecedented bottleneck in the supply chain, and economists and businesses expect it to continue until the first half of 2022.

The association has called on the Federal Maritime Commission (FMC) to take action, keeping in mind the investigations that have already been conducted.

β€œIt is imperative that existing rules and regulations be actively enforced,” the group said.

“The FMC has conducted a lot of research on excessive and unreasonable charges and unreasonable policies and practices. These inquiries are compulsory to end the tragedy of excessive charges and unreasonable carrier practices. We have to turn it into a measure. “

(Report by Diane Bartz; edited by Sonya Hepinstall)



Companies to US Shipping Regulators: Sufficient Investigation, Enforcement Started

Source link Companies to US Shipping Regulators: Sufficient Investigation, Enforcement Started

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