The Building and Renewing Infrastructure for Development and Growth in Employment (BRIDGE) Act is sponsored by U.S. Sens. Roy Blunt, R-Mo., and Mark Warner, D-Va.
London-based Shipamax, a participant in the logistics technology accelerator Dynamo's initial program last year, is aiming to digitize dry bulk broker processes.
The Senate Commerce Committee cited "labor-related concerns" with the Federal Maritime Commission's pilot supply chain information portal project, but said supply chain innovation teams will continue work this summer, focusing primarily on U.S. exports.
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New Jersey Governor Chris Christie said removal of the bridge’s lower roadway means larger ships will be able to call container terminals in Newark, Elizabeth and Staten Island.
Certain provisions of the merger agreement would have "jumped the gun" by allowing NYK, MOL and "K" Line to share competitively sensitive information or prematurely combine, according to the Federal Maritime Commission.
The boards of both Maersk Line and the Oetker Group, which owns Hamburg Süd, approved the sale and purchase agreement today.