H.R. 2587 · 118th Congress

Noncontiguous Shipping Reasonable Rate Act of 2023

Stage
In committee
Sponsor
Ed Case
Introduced
2023-04-13
Latest action
2023-04-14 · Referred to the Subcommittee on Coast Guard and Maritime Transportation.

Summary

Noncontiguous Shipping Reasonable Rate Act of 2023

This bill provides that a rate for service in noncontiguous domestic ocean trade is reasonable if such rate is within 10% of a rate set by a comparable international ocean rate index recognized by the Federal Maritime Commission. (Under current law, a rate is required to be reasonable, and the Surface Transportation Board generally has the authority to determine whether certain rates are reasonable.)