Padilla Joins President Biden for Ocean Shipping Bill Signing to Lower Costs and Ease Supply Chain Challenges
WASHINGTON, D.C. — Today, U.S. Senator Alex Padilla (D-Calif.) joined President Joe Biden at the White House as he signed the Ocean Shipping Reform Act into law. Senator Padilla co-sponsored this bipartisan bill to lower costs for American retailers and consumers, as well as combat ocean carriers’ inflated prices and unreasonably refusing cargo space accommodations for U.S. exports at ports.
“Today is another significant step forward to lower costs for American families and strengthen our nation’s supply chains,” said Senator Padilla. “In the last few months, I’ve been proud to welcome President Biden to California to show him firsthand the challenges at our nation’s busiest ports and the need for action. As Americans face record inflation and increased prices, I will continue working to lower the costs of goods and fight unfair business practices that hurt consumers.”
This year, Senator Padilla announced over $172 million in funding for ports and waterways projects to help move forward critical water infrastructure projects in Los Angeles and across California.
Padilla met with representatives from the Ports of Los Angeles and Long Beach last year to underscore how the Bipartisan Infrastructure Law’s funding for port infrastructure will help improve the capacity and resiliency of the goods movement chain. Last week, he also welcomed President Biden to the Port of Los Angeles as he announced efforts to lower costs for working families and to improve our supply chains.