Inside Supply Management Magazine

September/October 2022

Point to Point

September 13, 2022

Definition: Signed into law by President Joe Biden in June, the Ocean Shipping Reform Act (OSRA), according to the summary by the Congressional Research Service, “revises requirements governing ocean shipping to increase the authority of the Federal Maritime Commission (FMC) to promote the growth and development of U.S. exports through an ocean transportation system that is competitive, efficient, and economical.”


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