To provide a definition of reasonable rate for noncontiguous domestic ocean trade, and for other purposes.
Noncontiguous Shipping Reasonable Rate Act of 2024
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.)
Introduced in House
Introduced in House
Referred to the House Committee on Transportation and Infrastructure.
Referred to the Subcommittee on Coast Guard and Maritime Transportation.
Sponsor introductory remarks on measure. (CR E90-91)
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