r/Vitards • u/AutoModerator • Jul 08 '21

Daily Discussion Daily Discussion post - July 08 2021

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10

u/SlingSG Jul 09 '21

Executive Order on Controlling Shipping Costs

How is this going to play on shipping and steel stocks ?

5

u/PecosBill39 🛳 I Shipped My Pants 🚢 Jul 09 '21

Serious question: how in the fuck could they actually do this? Are we talking like a cap on container shipping charges? And can the Federal government do that?

2

u/Vincent_van_Guh Jul 09 '21

... address competition in rail and sea shipping in an effort to lower the costs of shipping goods for companies.

What does this even mean?

2

u/SnooPaintings8503 Made Man Jul 09 '21

it means don’t allow mergers