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WSJ: US Shipping
Posted by Tango
on July 8, 2021, 11:12 am
The White House says the dominance of a small number of freight carriers has cost American importers and exporters, allowing operators to extract higher rates and charge fees like those for demurrage, essentially late fees on shipments that arenít picked up from freight terminals on time. The order will ask maritime regulators to crack down on such fees, and to take all other steps to protect American shippers from high fees. The executive order will also encourage the rail regulators to take up a long-standing proposed rule on so-called reciprocal or competitive switching, the practice in which shippers served by a single railroad can request bids from a nearby competing railroad if service is available.