A logistics expert says the Ocean Shipping Reform Act will expedite and promote growth of US ag exports.
The legislation was signed into law in June and Executive Director with the Specialty Soya Grains Alliance Eric Wenberg says it makes the ocean transportation system competitive, efficient and economical. “Some of the fixes will come into place about the limits about the detention and demurrage – the high fees that can be charged if sailings change and companies that face for the storage of goods.”
He tells Brownfield the law will help lower costs for shipping ag products and reduce backlogs at seaports.