The London-based shipping consultant reported that OOCL of Japan was the most reliable container shipping carrier in May, with an on-time performance score of 81.1 percent.
An American Shipper poll of shippers and forwarders revealed that nearly 90 percent believe at least some cargo will be delayed by the verified gross mass rule that went into effect globally today.
The United States Senate also confirmed the reappointment of Federal Maritime Commissioners Rebecca F. Dye and Michael A. Khouri, whose terms will now last until 2020 and 2021, respectively.
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The United Kingdom's vote to leave the European Union last week could have implications for the Transatlantic Trade and Investment Partnership between the U.S. and EU, as well as the Trans-Pacific Partnership, according to experts at the Stimson Center.
Continued weighing at port facilities might provide a convenient way for exporters to comply with the upcoming International Maritime Organization verified gross mass container weight regulations due to go into effect at the beginning of next month.
Making trade easier for companies in the United States is important, but the Trans-Pacific Partnership agreement is as much about the nation's strategic interests in Asia.