The infrastructure fund that owns the Port of New York and New Jersey’s largest marine terminal is not looking to divest as it seeks to extend the term of its lease, according to people familiar with the talks.
The investigation centers on terminal service agreements that may have required container lines to commit to route a share of their cargo through Port Houston.
The surcharges, which took effect Sunday, apply to select customers who exceed their peak-season allotment of containers out of the region.
