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Johnson and Garamendi introduced the Ocean Shipping Reform Implementation Act this month to build upon the foundation of the Ocean Shipping Reform Act (OSRA), which became law in June 2022.
The bill prohibits US ports from using Chinese state-sponsored LOGINK software, allows the Federal Maritime Commission (FMC) to investigate foreign shipping exchanges like the Shanghai Shipping Exchange to preempt improper business practices, and authorises the FMC to streamline data standards for maritime freight logistics, according to the official website of Congressman Johnson, who represents South Dakota.
“House passage of OSRA 2.0 gets us one step closer to further securing our ocean shipping supply chains,” said Johnson. “The FMC needs authority to crack down on China’s unfair shipping practices. I hope the Senate considers our bill soon.”
“Foreign businesses' access to the American market and its consumers is a privilege, not a right,” said Garamendi.
“Congressman Johnson and I are committed to seeing that bipartisan 2022 law implemented fully to support American exporters and correct our nation’s longstanding trade imbalance with countries like China. We are finally making free trade fair trade and stopping Chinese state-controlled companies from ripping off our country and gutting our manufacturing jobs. Our implementation bill introduced today will finish the job,” he told the House.
“Most importantly, the bill continues to focus on data standardization and collections that are critical to providing the full picture of what is happening in the supply chain and being able to address the next disruption,” said David French, senior vice president of government relations for the National Retail Federation.
The National Association of Manufacturers (NAM) also extended its support to the 2023 Act as “it addresses targeted and vital improvements to the national supply chain network and will advance important efficiency, workforce and safety priorities sought by manufacturers,” said NAM managing vice president of policy Christopher Netram.
Fibre2Fashion News Desk (DS)