IQAX is proud to announce COSCO SHIPPING Lines and Orient Overseas Container Line ("OOCL") as early adopters of IQAX eBL, which has been given the seal of approval by the International Group of Protection & Indemnity Clubs ("IGP&I"). HONG KONG, June 23, 2022 /PRNewswire/ As a leading innovator of digital solutions for the logistics industry, IQAX Limited has launched IQAX eBL, a blockchain-based, contactless document management digital solution. IQAX eBL has been approved by IGP&I. Prior to February 2010, the rules of all Clubs of the IGP&I preferred paper documentation and excluded liabilities for cargo carried under electronic documentation. However, since 20 February 2010 liabilities arising in respect of the carriage of cargo under such paperless trading systems were covered, provided that thesystem had first been approved by the Group. In the 12 years since this date, only 7 other solutions have been approved by the IGP&I for use by its mem
making it worse. our bill doesn t do anything to fix pricing. we re not going to have republicans be in favor of price fixing. what this will do, make sure the foreign flagged ocean carriers have to play fair. last year, 60% of the containers they hauled back to asia were held empty. at the time we had rotting ag production on the dock. neil: where is this originate something. we gave the american people trillions of dollars. that increased spending on discretionary electronic items that they buy from asia. the demand for that doubled. so all of these ships got filled up with iphones. the ocean carriers didn t want to haul american goods. they would use our ports but they didn t want to haul our
he says republicans are trying to do everything we can to get in his way. if his idea of breaking inflation is by spending trillions of dollars more, yeah, we ll stand against that. that is only going to make things worse. john thune says we re not on an island here, this passed unanimously out of the senate. it had 370 votes out of the house. when it comes to real solutions to make sure foreign flagged ocean carriers are doing right by american manufacturers and ago producers, you ll have strong bipartisan support for that. the president should call that out than just playing politics. neil: the one thing the president said that stood out to me, this idea that shipping costs have been rigged against the consumer and gone up 1,000%. do you know where he got that 1,000% and whether they were the culprits behind a lot of this inflation? the culprit behind the inflation is excessive
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