Ocean Shipping Reform Act
As the global economy recovers from pandemic restrictions, supply chain disruptions and shortages are still occurring. Roofing is particularly hard-hit because more than one component is required for roof installations, and the shortages are causing problems with obtaining imported materials. Recent articles suggesting supply chain problems showing signs of easing are misleading, as there are still over 70 ships waiting to be unloaded off the ports of LA/Long Beach. Unfair ocean carrier practices compound supply issues, hiking shipping container prices from $2,5000 to an average of $15,000. Most analysts predict that supply chain problems will carry through quarter 2 of 2022, if not longer, and it’s hard to believe ocean carriers will ever lower their prices to pre-pandemic levels.
The Ocean Shipping Reform Act of 2021 or OSRA 21 is a “Shipper’s Bill of Rights” that would give the Federal Maritime Commission greater enforcement power over unreasonable ocean carrier practices—establishing fair and well-defined ocean service requirements. Industry letters have been sent to the Biden Administration Cabinet Secretaries requesting federal assistance with increasing the speed and capacity of our nation’s ports but more needs to be done. Support for OSRA (HR 4996) keeps gaining momentum and, as of November 18th, was up to 74 bipartisan cosponsors and counting. Your support of the OSRA is imperative as Members of Congress must hear from those in the roofing industry and others in construction to cosponsor the bill. Please click the link below to send a prewritten letter urging your U.S Representative to cosponsor the bill.