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The TPP agreement, which includes the United States and 11 other countries in the Pacific Rim and the Americas, covers a range of industries and promises to reduce or eliminate tariffs and quotas on numerous products.
Search and rescue efforts are now focused on finding survivors from the 33 crew members who were on board the Jacksonville-Puerto Rico container and roll-on/roll-off vessel operated by TOTE Maritime, formerly Sea Star Line.
Without an extension past the original Dec. 31, 2015 deadline for implementation of Positive Train Control, shippers say the resulting "large-scale service disruption would be dire."
The fund will be held and administered by the Seamen’s Church Institute, North America’s largest mariners’ service agency, following the structure put in place by TOTE.
The entire investigation into the loss of TOTE Maritime Puerto Rico ship will take 12-18 months, but the NTSB will release findings on an "as needed" basis in advance of its final report.
The national mail carrier of Singapore and aspiring global logistics provider has agreed to purchase a 71.1 percent share in Jagged Peak, Inc. for $15.8 million.