A coalition of 25 business groups has asked the Federal Maritime Commission to address fees imposed when shippers can't pick-up and return cargo, containers and chassis for reasons beyond their control.
The funds will be dispersed to 32 university transportation centers to advance research and education programs addressing critical transportation challenges in the United States, Transportation Secretary Anthony Foxx said in a statement.
The U.S. Transportation Department’s Federal Motor Carrier Safety Administration's final rule requires commercial driver's license applicants to demonstrate proficiency in knowledge and behind-the-wheel training, FMCSA said in a statement.
Registration takes less than 1 minute.
Electronics manufacturer Samsung said in court filings that "cargo owners are being held hostage," while Maher Terminals said it "is not required to extend free credit to Hanjin, and should not be forced to."
However, individual terminals at the ports of Los Angeles and Long Beach will negotiate directly with chassis leasing companies over compensation for storing chassis and providing services to lessors.
Japanese container carrier Kawasaki Kisen Kaisha could be targeted by Singapore-based hedge fund Effissimo, the firm’s largest shareholder as of early August, according to recent media reports.