Bipartisan legislation members imposed a law that prohibits sea carrier from refusing exports to the US

Posted on June 22, 2021   |  

  • The law prohibits shipping companies from rejecting freight reservations for export
  • The law aims to establish export opportunities for the US exporters and to promote mutual trade. 
  • Import demand to the US causes the freight rates to increase by $ 10,000 - $ 12,000 per container
  • Due to the drastic increase of US imports rate, carrier fare for Export container shipment has declined at $ 400 to $ 1,800



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