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Christopher Koch, senior advisor to the World Shipping Council, says container shipping faces a cost-control crusade and “green storm” of environmental regulations.
French ocean carrier CMA CGM issued general rate increases on various trades.
MCI's new factory is the first facility for making refrigerated containers outside of China.
Industry groups said they are willing to work with the port to speed cargo through POLB, but expressed concern about how the plan might affect shippers, who want to pick up containers faster but say getting chassis and trucking capacity can be difficult.
U.S. Agriculture Secretary Tom Vilsack said at the conclusion of the JCCT meeting Monday that China indicated it will review 11 biotechnology applications and continue the dialogue on U.S. beef.
Port of Miami Terminal Operating Company, the only non-carrier affiliated terminal, saw its volumes double to 22,225 TEUs, the largest percentage gain among the three container terminals at the South Florida port.