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Officials in the Chinese city are curbing the movement of petroleum and other chemicals through the port while the investigation into last week's massive warehouse explosion continues.
Global automakers are among those impacted by the deadly industrial accident, and insurance losses from the blast could reach $1.5 billion, according to reports from Reuters.
Federal Maritime Commission Chairman Mario Cordero applauded efforts to fight gate congestion at the Ports of Los Angeles and Long Beach, but wants terminals to amend their agreement with the FMC.
The U.S. Maritime Administration is trying to find maritime applications for zero emission hydrogen fuel cells, which have the potential to provide cleaner air and reduce costs for shippers.
The group reported a 66.7 percent increase in net profits to $156 million on revenues of $4.2 billion for the second quarter.
A deal for GE Capital Rail Services, which has assets valued at over $4 billion, could come by Labor Day, according to initial reports from Bloomberg Business.