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Maffei, a former U.S. Representative for New York, will take the place of current Commissioner Richard A. Lidinsky, Jr., according to a statement from the White House.
There appears to have been some improvement in vessel waiting times, but the Panama Canal Authority announced on Sunday it will take additional steps in an attempt to to clear the backlog of ships at the Central American waterway.
New research from supply chain solutions provider JDA Software finds consumers will switch to different retailers if home delivery or store-pickup processes are fraught with errors or delays.
Consumers continue to migrate to mobile devices to make purchases, with mobile devices accounting for 36 percent of Black Friday sales, according to Custora, a company that provides predictive analytics for e-commerce.
Net income at the Israeli ocean carrier improved vastly compared to loss of $63 million in the third quarter of 2014 despite a 12 percent year-over-year reduction in total revenues.
Rates from Shanghai to Northwest Europe and the Mediterranean skyrocketed, while rates to the United States inched up slightly from last week.