Regulation & Policy
It has been a year since the International Maritime Organization rolled out new rules for container weight verification across the globe.
The decision comes just days before the new joint venture Ocean Network Express was expected to be formed.
Canadian shippers and the head of Canada’s largest port have argued monetizing the country’s 18 port authorities could increase port user fees, limit public oversight, and threaten investment in waterside infrastructure.
Port sector consolidation in China is expected to accelerate this year.
At a time when the Southern California Ports' hold on discretionary cargo is tenuous, the state's all-out commitment to mitigating climate change is taking priority over port competitiveness.
"There is other business pending that must be addressed before the commission can turn its attention to this matter,” an FMC spokesman told JOC.com
Shippers fear that the overturning of a guilty verdict for the Primorsk seaport for price fixing could set a bad precedent.
A year after the implementation of the Safety of Life at Sea (SOLAS) requirement, the once hot-button fears about the regulation have disappeared, but doubts on the accuracy of declarations linger.
Trucking outfits and shippers that delayed preparing for electronic logging will have to accelerate plans as Supreme Court rejects appeal of ELD rule.
US lawmakers have introduced legislation that would expand the powers and the purse strings of the FMC to “oversee and intervene” on behalf of port service providers.