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The Federal Maritime Commission's report was based on feedback from industry leaders at four public forums held around the country to gauge the impacts of port congestion and examine possible solutions going forward.
SimpliShip marketplace is designed to help smaller shippers secure ocean and airfreight rates with NVOs and forwarders by having qualified service providers bid on their loads.
Study from Boston Consulting Group and C.H. Robinson said the cargo most in play will be destined for the “battleground region” in the Midwest.
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.