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Congress passes ocean shipping reform; Biden plans to sign soon

June 13, 2022


The first major overhaul of regulations governing U.S. container trades since 1998 was easily approved by Congress on Monday and President Biden is expected to sign the bill into law shortly.

By a vote of 369-42, the U.S. House of Representatives passed the Ocean Shipping Reform Act (OSRA) of 2022, which is the Senate’s version of a reform bill passed by the House in December.

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