Regulation & Policy
Singapore will extend its block exemption order for liner shipping agreements for another five years until December 2020, the Ministry of Trade and Industry has announced.
Australia’s government is considering a block exemption to the competition law for liner shipping in a move that has been cautiously welcomed by Shipping Australia, the industry’s national association.
Daniel B. Maffei, a former congressman from New York, has been nominated by President Obama to succeed Richard Lidinsky Jr. as one of the five members of the U.S. Federal Maritime Commission.
The government of India, frustrated by its failure to pass a previous port reform plan following stiff resistance from trade unions and rival political groups, is considering new legislation to make major public ports independent companies in an effort to accelerate economic growth as New Delhi grapples with slowing foreign trade.
The Hong Kong Competition Commission will not take any action against industry sectors that have applied for a block exemption from the law that takes effect on Dec. 14 until the applications have been reviewed, according to the city’s liner shipping lobby.
Transportation stakeholders received something to celebrate this year as 44 percent of the new $500 million round of the Department of Transportation’s Transportation Investment Generating Economic Recovery program went to projects dedicated to moving freight.
The top U.S. rail regulatory agency on Wednesday gave guidance on when it expect to wrap up the issue of reciprocal switching, and provided a glimpse into the arduous regulatory process facing the potential merger of the Norfolk Southern and Canadian Pacific railways, according to attendees at an industry event.
Several long-anticipated rules and proposals for trucking may hit the Federal Register in the next two weeks, including the electronic logging mandate, a final rule on driver coercion and proposals on carrier safety ratings and truck speed limiters.
From global container weight rules to the roll-out of the long-delayed U.S. Customs and Border Protection’s Automated Commercial Environment, shippers and their transportation providers should prepare for these five changes.
China’s crackdown on ocean carrier surcharges, seen by government officials as hurting exporters, is forcing container lines to lower certain charges at a time when their own profits are declining because of overcapacity and rate competition.