American Cargo for American Ships Act

HR 2035, the American Cargo for American Ships Act, requires the U.S. Department of Transportation to ensure that when procuring, contracting for, or financing cargo transportation with federal funds, 100% of the gross tonnage for dry bulk carriers, dry cargo liners, and tankers must be transported on U.S.-owned commercial vessels - provided those vessels are available at fair and reasonable rates. This directly affects government procurement of cargo transportation using federal funds, mandating U.S. vessel use where commercially available. The key mechanism is a new requirement for the Secretary of Transportation or recipients of federal financing to take "necessary and practicable steps" to meet this 100% U.S. vessel standard for eligible cargo. The bill does not apply to all government shipping but specifically targets federally financed or procured cargo transportation.