Independent journal on economy and transport policy
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The Transportation Institute newly evidences the importance of Jones Act for the shipping American
Currently the marine field appoints to a job about 650 thousand city Americans
March 4, 2019
The organization non-profit American Transportation Institute (YOU), instituted in 1967 in order to promote the development of the marine activities in the United States, has been profitable today notices the results of a new study commissioned to the PricewaterhouseCoopers (PwC) in order to estimate the impact of Jones Act on the American occupation in the field of the shipping, norm that - it has emphasized the organization - has allowed an increase of 30% of the places of work covered from American citizens. It has evidenced YOU that thanks to Jones Act, the law of 1920 based on which on the routes of cabotage in the USA they must be used ships of American flag exclusively, of American property, with on board marine Americans and constructed in ship yards Americans, and contributes per year with 154 billion dollars to the economic increase of the nation.
The fleet that work in the traffics regulated from Jones Act is constituted by 40 thousand ships that annually transport almost a billion of tons of goods.
"This new study - the president of the Transportation Institute has asserted, James Henry - demonstrates the exceptional impact that our field has on the total well-being of our nation, in particular assuring places of work to operosi Americans, thousands of which have with lend pride service in our Armed Forces". "Useless to say - it has found Henry - that the relationship emphasizes how much Jones Act is indispensable for safety and the pr0sperity of the entire nation".
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