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U.S. fleet laments transportation bill provision

Thursday, July 05, 2012

U.S.-flag shipping advocates are expressing alarm over a provision in the surface transportation bill passed by Congress last week that they say could result in a third less food aid cargo being transported on U.S.-flag vessels. President Obama is expected to sign the bill Friday. Lee Kincaid of the American Maritime Congress said the bill would reduce from 75 percent to 50 percent the share of cargo that must be transported on U.S.-flag ships. He estimated t...

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