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TOTE Maritime alleges it exercised due diligence to supply the ill-fated cargo ship with suitable and working engines, personnel, and other necessary equipment, according to recent court filings.
China's National Development and Reform Commission is visiting liner carrier offices throughout the country as part of its surcharges investigation.
The third-party logistics company will manage spare parts logistics services on behalf of the German automobile and motorcycle manufacturing company.
The U.S. Gulf port also expects to benefit from continuing population migration to Texas and the expansion of Panama Canal, which is scheduled to be completed in April 2016.
Meanwhile, a Federal Aviation Administration task force released its recommendations regarding a registration program for unmanned aircraft systems that will affect the use of drones in both commercial and recreational settings.
Box volumes at the largest U.S. East Coast port were up 11 percent year-over-year in October, driven primarily by a 9.8 percent spike in loaded import containers.