We collaborate with a strategic sector for the country.Loading Theme Customizer.Please wait...US President Joe Biden has finally signed the Shipping Reform Act into law, celebrating a bipartisan victory.This law, according to Biden, is intended to boost the supply chain in a scenario characterized by high inflation and fears of a recession.The White House said the law will help lower costs for American retailers, farmers and consumers."During the pandemic, ocean carriers have increased their prices by as much as 1,000%. And, too often these ocean carriers refuse to carry U.S. exports to Asia and instead walk away with empty containers. That's costing them." farmers and ranchers - and our economy - a lot of money," Biden said.Thus, the law directs the Federal Maritime Commission to prevent ocean carriers from unreasonably refusing to fill open cargo space with US exports and to investigate delay fees charged by container lines.But it will not address what importers and exporters have long declared allegiance to a dozen large companies based in Asia and Europe, which control 80% of the world's seaborne trade moving capacity.The president also attacked foreign-owned shipping companies, as they "collected the profits and the costs were passed on, as you might guess, directly to consumers."Biden assured that the law will help reduce costs for American retailers, farmers and consumers.Lars Jensen, General Director of the consultancy Vespucci Maritime, stated that "in the new law there is no section that refers to price controls or anything related to the consolidation of carriers or the operation of alliances and agreements of ship delivery".Meanwhile, the slowdown in the US economy is cooling the ocean freight market.Spot rates on 20-foot containers bound for the US from Asia are down 33% since peaking in September, according to Drewry, a London-based maritime research and consultancy.For this week, the WCI indicator decreased 1% to $7,502 per 40-foot container, but is still 8% higher than the same week in 2021.The year-to-date indicator has increased by $8,524 per 40-foot container, which is 5,078 greenbacks higher than the five-year average, when freight cost was $3,446 per 40-foot box. feet.According to Alphaliner, a shipping consultancy, shipping lines have been forced to make difficult decisions as there are not enough container ships to implement all regular services.“Fourteen services currently lack half or more of the number of ships needed to guarantee a fixed weekly sailing frequency,” she warned.Staff The Drewry World Composite Container Index was flat with a cost of up to $9,192.50 per 40-foot container in the second week of November, up 250%…"SSA MÉXICO HOLDINGS, SA DE CV (SSA MÉXICO HOLDINGS) is pleased to inform all its customers, suppliers, users and friends that as of this date it acquired all the shares representing the capital stock of OCUPA HOLDING, SA DE CV (OCUPA HOLDING) and subsidiary companies".Plus"Psychosocial risks, associated with work stress, and workloads, represent a sensitive area of ​​crisis for companies and employers, therefore the application of NOM 035 is essential both to generate a better environment and to comply with inspections of the government".Plus