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Carriers are benefiting from lower oil prices, but face capacity overhang.
CMA CGM Vice Chairman Rodolphe Saadé calls deal a "major new agreement."
The Federal Aviation Administration has proposed civil penalties against a large U.S. carrier and two shippers for alleged U.S. hazardous materials rules violations.
On-time performance is being hampered by congestion at West Coast ports.
DHS funding crisis means the agency will have to focus resources on border security, cargo clearance
The revised agreement would allow collaboration on congestion, transportation infrastructure needs and pollution mitigation.