A U.S. Federal Maritime Commission report on port congestion impact on demurrage and detention fees stopped short of recommending agency action and invited the industry to provide evidence of allegedly unreasonable practices.
The 64-page report, available at fmc.gov, described demurrage, which is charged for storage of containers on terminal space beyond allowable free time, and [...]
From Bloomberg News:
[S]hips’ crews were upbeat as last week’s accord over the Islamic Republic’s nuclear program brought the lifting of sanctions and the return to unfettered commerce one step closer. Few places are better located to benefit than the United Arab Emirates, Iran’s second-biggest trading partner after China since 2009, data compiled by [...]
Eleven of Oregon’s major agricultural organizations on Monday urged the state’s congressional delegation to support the fast-track trade bill as well as the pending Trans-Pacific Partnership.
The push by the agricultural groups comes as the Oregon AFL-CIO is ratcheting up its campaign to to persuade Sen. Ron Wyden, D-Ore., to oppose a fast-track trade bill.
The AFL-CIO is not only lobbying against pending trade deals, it’s also suspending campaign contributions to members of Congress.
The union says it wants to “conserve resources for the historic legislative battle around fast track (trade promotion authority) and the debate over the Trans-Pacific Partnership.”
Past trade deals “form a mountain of broken promises made [...]
A police woman removes a woman protesting the Trans-Pacific Partnership (TPP) on Capitol Hill in Washington January 27, 2015. (Kevin Lamarque/Reuters)
Excepts from an opinion piece in the Washington Post by Senator Elizabeth Warren:
The United States is in the final stages of negotiating the Trans-Pacific Partnership (TPP), a massive free-trade agreement with Mexico, Canada, [...]
ILWU International President Bob McEllrath was among more than 60 leaders of major unions in the public and private sectors nationwide who sent a strong and united message to Congress against fast-tracking trade deals. Collectively representing almost 20 million workers and their families, they wrote (excerpts):
Fast Track trade deals mean fewer jobs, lower wages, [...]
”What I am trying to do is raise awareness about all things Arctic. I’m trying to allow members to see and appreciate that the Arctic is not just about Alaska,” Murkowski said in an interview Tuesday.
From the Alaska Dispatch News:
Coming soon to the U.S. Capitol is a new group of lawmakers: the Senate [...]
Illinois Governor Bruce Rauner, who made $61 million in 2013 – or $29,000 per hour – proposed to eliminate funding for organizations that serve people with disabilities, children with autism, homeless young people, runaway teenagers, immigrants, after school programs, arts and foreign language programs, parent mentoring … you get the idea.
In an article at [...]
From the Associated Press:
West Coast seaports could shut down in as soon as five days — hobbling U.S. trade with Asia — if dockworkers and their employers cannot reach a new contract, the head of a maritime association warned Wednesday in remarks intended to pressure an agreement after nine months of negotiations.
Without a [...]
In an article titled ‘K Line executive sentenced in relation to price fixing accusations,’ Vessel Finder reports:
In addition to the 18-month prison sentence and a $20,000 fine, Tanioka has agreed to provide assistance to the department in its current ongoing investigation that focuses on the ocean shipping industry
A Kawasaki Kisen Kaisha Ltd. (K-Line) [...]
Despite his amendment not being included, Senator McCain voted in favor of the bill.
The U.S. Senate yesterday voted 62 to 36 to pass a bill to permit construction of the Keystone XL pipeline, but declined to tack on an amendment by Senator John McCain that would have repealed the domestic shipbuilding requirement of the [...]
The corporate media are reporting that since the Republican leadership and President Obama support Fast Track trade authority, it is a done deal. And that message, also heard by countries negotiating the Trans-Pacific Partnership (TPP), is driving the race to finalize that agreement.
The truth is: Fast Track is not a done deal. [...]
Republicans, who now run Congress, say they want to cooperate with President Barack Obama and point to the administration’s Trans-Pacific Partnership, or TPP, as the model. The only problem is that the TPP would be a disaster.
The TPP is a Trojan horse in a global race to the bottom, giving big [...]
NYK, or Nippon Yusen Kabushiki Kaisha, agreed to plead guilty to a one-count felony criminal charge in the scheme, which spanned the period of 1997-2012, and pay the fine.
U.S. justice authorities fined Japanese shipper NYK Line $59.4 million Monday for conspiring with other companies to fix the prices of transporting cars to and from [...]
From the Journal of Commerce:
The U.S. Federal Maritime Commission will launch a website soon that will serve as a clearinghouse for port congestion surcharges, following industry confusion over planned U.S. West Coast surcharges, Commissioner Michael A. Khouri said Tuesday.
“The commission is gathering information from the carriers to compare announcements and actual tariff language [...]