Grabow: Ships transport only about 2% of US freight
Colin Grabow · How an obscure, 100-year old law is disrupting U.S. energy · Apr 18, 2024 · at 13:18
Colin Grabow of the Cato Institute explains to Shayle Kann how high domestic shipping costs under the Jones Act have suppressed U.S. water freight.
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“If you look at The data, something like only two percent of freight in the United States is transported by ships. You add in barges, that's like another four percent. So we're well under 10% for water transport in the U.S.”
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