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The ocean carrier’s new China East Coast Express 2 will connect ports in China and Southeast Asia with the United States East Coast via the Suez Canal.
The containership was released early Thursday morning after Maersk provided a letter of understanding related to the underlying cargo case.
Members of the Transpacific Stabilization Agreement are recommending two $600 general rate increases and a $400 peak season surcharge.
Average annual exports in the Asia Pacific region grew from $4.1 billion for the five years before free trade agreements to $6 billion for the five years following their introduction, according to a new study by the APEC Policy Support Unit.
Changes to Maritime Security Program could harm other U.S.-flag carriers.