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The Israeli ocean carrier will alter its AME service, which operates between China, Malaysia, India and the Mediterranean, starting July 27.
The PCI, jointly operated by ocean carriers Sinokor, Heung-A and SITC Shipping, connects Korea and China with Southeast Asia.
PortMiami is one of several ports on the U.S. East Coast that are cashing in on increased demand for all-water alternatives to West Coast cargo gateways.
Senat Shipping claimed no wrongdoing or illegal activity on its part, and said the Treasury Departments action is a “misguided measure purely based on Senat's historical dealings with OMM,” according to a report from Reuters.
Oregon Rep. Earl Blumenauer said his recently introduced STRONGER Act would establish an enforcement trust fund that would be "paid for by foreign exporting cheaters."
Singapore-based GLP's $4.55 billion acquisition of IIT's logistics assets will make it second largest logistics property owner and operator in the United States within a year of market entry, the company said.