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Ports plan to submit the agreement to the Federal Maritime Commission in June.
Appropriateness of detention and demurrage charges must be addressed on a case-by-case basis, says World Shipping Council.
The third-party logistics provider also cut its first quarter loss in half.
“Every participant in the supply chain will have a role to play” in solving congestion issues, according to a new report from carrier group World Shipping Council.
The first of seven groups will meet early next month to discuss issues surrounding the upcoming peak season.
Profits at the logistics and trade compliance software provider grew faster than revenues thanks to the company's focus on building its Global Logistics Network.