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Ocean carrier and terminal operator members of the PPOIA agreement could be asked to provide additional information as the Federal Maritime Commission continues to diagnose the root causes of West Coast port congestion.
United Arab Shipping Co.will be exempt from the Federal Maritime Commission's “controlled carrier” requirement that it provide 30 days’ notice of any reduction in its published tariff rates.
With 10 days to go until funding for highway and transit programs runs out, a motion to proceed with debate was defeated as Democrats claimed they hadn’t been given enough time to read the details of the 1,030-page multi-year bill unveiled Tuesday morning.
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.