A newly effective port security law could have far-reaching effects on inland marine transport, possibly delaying shipments, according to the Inland Marine Underwriting Association's president and chief executive officer.
Ronald Thornton, who heads the IMUA, told National Underwriter there would be some effect on truckers going in and out of the ports, but "whether this bill will create some delays in transit, I don't know."
Mr. Thornton said that while it most likely will not affect coverages or pricing, "if there are delays caused by this in the supply chain, if there are issues where merchandise gets stopped or delayed, then it's a whole new ballgame."
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