Legislation or communication the better route to peace in fractious container trades?
The proposed Ocean Shipping Reform Act of 2021 is a short-term response to far more complicated long-term problems that cannot be resolved by a single country taking aim at one section of the supply chain
Sharing data, market intelligence and industry know-how may be a better way of building trust between ocean carriers and their customers than legislation that has been hastily drawn up in response to pressure from angry US exporters, whose demands have been seized upon by politicians in Washington with little understanding of container shipping and its global complexities