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ARTICLE · 03 MARCH 2022

Biden Administration Intensifies Offensive Against Ocean Shipping Industry

Holland & Knight
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The Biden Administration issued a press release and fact sheet on Feb. 28, 2022, titled "Lowering Prices and Leveling the Playing Field in Ocean Shipping."

United StatesTransport
Gerald A. Morrissey III
Gerald A. Morrissey III
Allison N. Skopec
Allison N. Skopec
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Highlights

  • The Biden Administration has issued a press release and fact sheet titled "Lowering Prices and Leveling the Playing Field in Ocean Shipping," which builds on a series of ongoing efforts to tackle supply chain disruptions by leveraging the Shipping Act and antitrust laws.
  • Coming on the eve of President Joe Biden's State of the Union address on March 1, it is anticipated that President Biden will highlight these and other efforts to address supply chain congestion and costs.
  • Moving forward, expect continued activity on the legislative and regulatory fronts. Stakeholders with interests in the legislation and the current rulemaking still have opportunities for involvement.

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