Ronald Reagan,
Proclamation 5179
“ The United States is the greatest trading nation in the world, and this landmark legislation will provide for more flexible and responsive ocean transportation services, including intermodal service, that will benefit both our exporters and importers. United States flag-ocean carriers will benefit by being assured evenhanded regulatory treatment with foreign competitors. The Shipping Act of 1984 represents but one part of my Administration's commitment to foster and maintain the United States-flag merchant marine required by this great Nation for our national security and economic benefit. ”
