Larsen Commends Federal Maritime Commission for Helping Small Businesses
Washington, DC,
February 17, 2011
Today, U.S. Representative Rick Larsen (WA-02), Ranking Member of the House Committee on Transportation and Infrastructure Subcommittee on Coast Guard and Maritime Transportation, commended the Federal Maritime Commission (FMC) for reducing regulatory burdens and bringing cost savings to small businesses involved with the export of U.S. products. Yesterday, the FMC released a final rule that will relieve over 3,000 licensed customs brokers and freight forwarders from the costs and burdens of publishing in tariffs the rates they charge for cargo shipments. According to the FMC, this rule change could save each of these small businesses up to $200,000 per year. “Helping our small businesses compete in the global marketplace is key to a long term economic growth that will support good jobs well into the future,” said Rep. Larsen. “The Federal Maritime Commission’s rule change will help our small businesses export their products overseas so they can grow and hire new workers.” ###
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