H.R. 666: Noncontiguous Shipping Reasonable Rate Act of 2024
Latest action, February 4, 2025: Sponsor introductory remarks on measure. (CR E90-91)
Official summary
Noncontiguous Shipping Reasonable Rate Act of 2024 This bill provides that a rate for service in noncontiguous domestic ocean trade is reasonable if such rate is within 10% of a rate set by a comparable international ocean rate index recognized by the Federal Maritime Commission. (Under current law, a rate is required to be reasonable, and the Surface Transportation Board generally has the authority to determine whether certain rates are reasonable.)