The Subcommittee on Coast Guard and Maritime Transportation will hear an argument that foreign carriers should not be permitted to collectively negotiate rates with domestic maritime service providers because it gives them an unfair advantage.
The Pacific Maritime Association has proposed extending the contract until July 1, 2022, with a 3.1 percent yearly wage increase over the base wage rate of $42.18 per hour.
The North Liberty, Iowa-based trucking and logistics company reported a net income of $14 million and operating revenues of $130 million for the first quarter of 2017.
Registration takes less than 1 minute.
House members question whether the Shipping Act should be revised, and also said there is a need to protect domestic tugboat and terminal companies.
The Swiss-based third-party logistics provider’s net turnover for the quarter rose 7.2 percent from the corresponding 2016 period, while the seafreight and airfreight segments experienced a boost in volumes.
U.S. Customs and Border Protection is ready to follow through on President Trump’s directives to whittle down the number of regulations on the books, but CBP Acting Commissioner Kevin McAleenan assured that facilitating trade flows will remain a priority.