Biden to issue executive order on consolidation in railroads, ocean shipping

President BidenJoe BidenCawthorn: Biden door-to-door vaccine strategy could be used to ‘take’ guns, Bibles Trump Jr. calls on Manchin, Tester to oppose Biden’s ATF nominee On The Money: Biden fires head of Social Security Administration | IRS scandals haunt Biden push for more funding MORE plans to signal an govt order to extend competitors and fight aggressive pricing for railroads and within the delivery business, a supply acquainted advised The Hill.

The order would ask the Floor Transportation Board to look into long-standing measures like so-called “aggressive switching guidelines,” which require a monopoly railway to grant entry to its railroad beneath sure circumstances. It will additionally urge the board to make it simpler for shippers to problem inflated charges when there isn’t a competitors between two routes. 

The order would urge the Federal Maritime Fee to work with the Justice Division to research and punish anticompetitive practices. The company and Justice Division are planning to signal a brand new memorandum to reinforce cooperation between the 2 “shortly,” in keeping with the supply. 

The order would additionally encourage the Federal Maritime Fee to work to guard American exporters from excessive prices imposed by ocean carriers and to crack down on unfair charges. 

Transportation Secretary Pete ButtigiegblankPete ButtigiegBiden signs sweeping order to bolster US competition, target big business Biden nominates first openly-gay woman to serve as US ambassador Biden to issue executive order on consolidation in railroads, ocean shipping MORE is planning on inspecting subsequent week the best way to tackle delivery delays on the ports of Los Angeles and Lengthy Seaside, which deal with 40 p.c of containerized abroad imports for the U.S., in keeping with the supply. The secretary has been tasked with inspecting will increase in delivery costs and congestion at ports as a part of the administration’s Provide Chain Disruptions Activity Drive.

Biden’s forthcoming sweeping govt order, anticipated inside days, is targeted on competitiveness. 

It’s going to additionally embrace steps to crack down on noncompete agreements utilized by employers to stop their staff from shifting to rival companies and new rules for outlining when meat might be labeled a “product of USA” in an effort to spice up American farmers.


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