The Ocean Shipping Reform Act of 2022 (OSRA22, S. 3580) signed on June 16 by President Joe Biden is a major step toward fixing supply chain problems that involve ocean carrier practices. An immediate benefit for trucking firms and shippers is that OSRA now requires 13 specific items of information on carriers’ invoices and failure to include such information relieves the need…
CONTINUE READINGGovernment Affairs
Two Important Trade Developments
On June 16, President Joe Biden signed the Ocean Shipping Reform Act of 2022 (OSRA22, S. 3580) into law. This followed the House’s June 13 passage of the Senate version 369-42 in response to White House pressure for House Democrats to accept the Senate bill and quickly get a much-needed victory to the President’s desk. This rare and meaningful bipartisan achievement will…
CONTINUE READINGUSTR China Tariff Review Process Underway
As required by law, the U.S. Trade Representative (USTR) announced May 3 that it has initiated a four-year “review of necessity” process for tariffs on Chinese imports under Sec. 301 of the Trade Act of 1974. In a May 10 speech, President Joe Biden said combating inflation is his top domestic priority citing the pandemic, supply chain issues and war in Ukraine as the primary…
CONTINUE READINGThe Ocean Shipping Reform Act goes to a House-Senate Conference
Key to untying the Gordian knot known as the supply-chain crisis is recognizing and addressing unreasonable business practices by ocean carriers. Some of these practices can likely be attributed to consolidation, and a recent report by Commissioner Carl Bentzel, Federal Maritime Commission (FMC), finds the shipping container (“containerization”) was a key factor in this…
CONTINUE READINGChina Competition Legislation
Perhaps the last big initiative that has a chance to be agreed to by both chambers of Congress before the midterm election usurps the agenda is “China competition legislation.” The Senate and House have approved two separate bills per this broad theme, with the anchor provision in each being $52 billion to incentivize companies to build semiconductor manufacturing facilities…
CONTINUE READINGSupply Chain and Tariff Developments
To address the ocean carrier supply chain crisis and high cost of shipping containers, IHA is part of a broad coalition of business groups working to pass the Ocean Shipping Reform Act (OSRA), which is a “Shippers Bill of Rights” to give importers and exporters much greater legal standing and the Federal Maritime Commission (FMC) more tools to deal with unreasonable ocean…
CONTINUE READINGADA Website Lawsuits Continue
When the Americans with Disabilities Act (ADA) was signed by President George H.W. Bush in 1990, the focus of Title III in the law was, and still is, providing accessibility for individuals with disabilities in public accommodations and commercial facilities. Framers saw Title III’s language exclusively in terms of “brick and mortar” and the internet wasn’t contemplated then. …
CONTINUE READINGTax Hikes on the Congressional Agenda
On March 31, President Biden announced the first half of his “Build Back Better” initiative, the $2.25 trillion American Jobs Plan. Presented by the White House as an infrastructure plan, this massive proposal covers a broad range of functions that go beyond the conventional notion of “infrastructure” to include programs such as $400 billion for home and community-based…
CONTINUE READINGCOVID-Related Legislative and Regulatory Changes for Employers
On March 11, President Biden signed the American Rescue Plan Act of 2021 into law. The $1.9 trillion “ARP” is different than the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act that passed with bipartisan votes in March 2020 and initiated the Paycheck Protection Program (PPP) and new tax breaks. Aside from targeted financial programs for…
CONTINUE READING