Congress and Biden Probably Just Made the Shipping Problem Worse

Last summer, amid clogged ports and skyrocketing international shipping rates, irate U.S. exporters called on Congress to act. The result was the Ocean Shipping Reform Act of 2022 (OSRA), passed with bipartisan support in Congress and signed into law by President Joe Biden on June 16. The law is ostensibly aimed at reforming U.S. shipping […]