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Three of the biggest U.S. retailers have said maintaining in-stock levels was a challenge in first quarter 2015 because of West Coast port disruption.
Members of the Transpacific Stabilization Agreement are recommending two $600 general rate increases and a $400 peak season surcharge.
The proposal, which modifies the pricing structure for dry bulkers, LNG and LPG vessels, will be implemented along with a customer loyalty program.
French ocean carrier will commence transatlantic operations on a new joint pendulum service with Hamburg Sud and UASC this month.
Container volumes at the Port of Baltimore decreased 8.8 percent compared to April 2014, according to the latest figures from the Maryland Port Administration.
A fire broke out on the Marshall Islands-flagged Purple Beach, causing the crew to evacuate due to toxic gas and fears of explosion.