Biden seeks to stimulate rail and maritime competition – Maison Blanche – .

Biden seeks to stimulate rail and maritime competition – Maison Blanche – .

Shipping containers lie on railroad tracks in downtown as the spread of coronavirus disease (COVID-19) continues, in Los Angeles, California, United States, April 7, 2020. REUTERS / Lucy Nicholson

WASHINGTON, July 8 (Reuters) – President Joe Biden will soon order U.S. transportation agencies to crack down on anti-competitive behavior and unfair charges in the rail and shipping industries in an attempt to cut costs for consumers, the U.S. said on Thursday. White House.

He said his executive order targeted the Federal Maritime Commission (FMC) and the Surface Transportation Board (STB).

White House press secretary Jen Psaki noted that shipping costs had increased dramatically during the months of the pandemic.

The order will urge the STB “to make it easier for shippers to challenge inflated tariffs when there is no competition between two routes.”

Biden will urge the CMF “to take all possible measures to protect U.S. exporters from the high costs imposed by shipping carriers” and to “crack down on unfair and unreasonable charges, including detention and demurrage charges,” the House said. White.

The Association of American Railroads said Thursday that “competition remains fierce among freight providers, and any proposal mandating forced switching would put railways – an environmentally friendly option that invests $ 25 billion annually in infrastructure – at a disadvantage. “

Biden’s decree, intended to promote competition throughout the economy, is expected as early as Friday with goals in particular to make it easier for farmers to repair their own tractors and to require airlines to reimburse them. baggage fees for delayed baggage.

Reuters first reported some draft executive orders last week, and the White House has since presented additional proposals.

Transportation costs for shipping goods have skyrocketed during the COVID-19 pandemic at a time of increasing consolidation in transportation markets.

The upcoming executive order “encourages independent federal agencies regulating these markets to take steps to promote competition – which will save US businesses money on shipping costs.” This, in turn, will lower prices for US consumers, ”a source told Reuters earlier.

The decree will also cover non-compete agreements for workers, licensing requirements, defense contracts, cell phones, agriculture and antitrust enforcement. Read more

Reporting by David Shepardson; Writing by Susan Heavey; Editing by Howard Goller

Our Standards: Thomson Reuters Trust Principles.


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