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Interesting thoughts but ... > It's my opinion that while the Jones Act probably does increase the cost of shipping goods two and from the island, its not a ma

Interesting thoughts but ... > It's my opinion that while the Jones Act probably does increase the cost of shipping goods two and from the island, its not a magic catchall fixit No offense, but based on what? And then what is the impact of the Jones Act? If you have expertise in that industry to support the analysis, that would be great. Could you link to some of these reports?

mikeyouse 9y ago
The Federal Reserve thinks that it doubles the price of shipping between Puerto Rico and the US Mainland: > It costs an estimated $3,063 to ship a twenty-foot container of household and commercial goods from the East Coast of the United States to Puerto Rico; the same shipment costs $1,504 to nearby Santo Domingo (Dominican Republic) and $1,687 to Kingston (Jamaica)—destinations that are not subject to Jones Act restrictions. Page 23 in the PDF (numbered 13): https://www.newyorkfed.org/medialibrary/media/regional/PuertoRico/report.pdf https://www.newyorkfed.org/medialibrary/media/regional/Puert... Terrible for disaster relief but also on a daily level, terrible for imports/exports. How can you have a competitive economy with that type of anchor weighing on your Ex/Im?
- Aloha 9y ago
  It's probably not important for disaster relief (there doesnt seem to be a shortage of relief supplies, but rather a shortage of on-island transport to distribute them) - but I'd agree it is a huge drag on the local economy.