A recent study by the firm Estudios Técnicos, paid by Jones Act shippers, purports to show the benefits for Puerto Rico of the Jones Act. The federal law requires all goods transported by water between U.S. ports be carried in U.S.-flag ships, built in the U.S. and crewed by U.S. citizens and permanent residents. The analysis, as described by a local business publication, makes for sad reading.
Looking to encourage the practice of couponing on the island, Kraft Foods Group Puerto Rico LLC announced Wednesday its plans to launch a series of regular manufacturers discount coupon offers to help consumers save money.
For the second time in as many years, Puerto Rican cargo airline Roblex Aviation has filed for Chapter 11 bankruptcy protection, listing more than $637,208 in debt.
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