Biden just signed a law to lower shipping costs. Will it work?

The Ocean Shipping Reform Act allows for more enforcement of rising fees. But shippers say the law isn’t a “silver bullet.”

President Joe Biden signed the Ocean Shipping Reform Act of 2022 into law on Thursday, promising sweeping changes to the ocean shipping industry after more than two years of port congestion, delays and rising costs.

Biden just signed a law to lower shipping costs. Will it work?

Short-staffed and underfunded.

Inside China’s High-Speed Rail Project Bound for Southeast Asia

Inside China’s High-Speed Rail Project Bound for Southeast Asia

Arguments against the construction of Thai and Laotian high-speed rail based merely on passenger numbers and revenue projections are lazy arguments and are made primarily by a West otherwise unable to compete with China’s growing influence and role in Asia – a region the US saw itself maintaining primacy over for another century.