image credit: Unsplash

U.S. Federal Maritime Commission Urges Freight ‘Silos’ to Unite in Crisis

February 9, 2021

Via: gCaptain

Companies that violate U.S. supply-chain rules around inundated American ports may be penalized, according to a key maritime regulator in Washington who is pushing the fragmented freight industry to work more closely to address the nation’s unprecedented bottlenecks.

Rebecca Dye, a member of the Federal Maritime Commission, is leading an investigation into the pandemic-rattled flow of imports and exports. She initially thought the shocks to global trade last year would be a replay of the 2010 snapback from the financial crisis, but in an interview, she said “we quickly realized that was not the case.”

Read More on gCaptain