Yesterday, the House Transportation Subcommittee on Coast Guard and Maritime Transportation held a hearing entitled “Impacts of Shipping Container Shortages, Delays, and Increased Demand on the North American Supply Chain.” The hearing featured two panels: the first panel included Federal Maritime Commission (FMC or Commission) Chairman Daniel Maffei and Commissioner Rebecca Dye, and the second panel included representatives from the private sector. Below are several key takeaways from the hearing.
Cotton Market Remains “Stuck in the Mud”
Simply stated, the cotton market is totally satisfied and remains