The Federal Maritime Commission said Friday it concluded its review of the proposed OCEAN Alliance, allowing the new ocean carrier alliance to take effect Monday, although it is not expected to commence operations until around April 2017.
The strong growth was largely due to an increase container trade between the port and Asia, which surged 19 percent year-over-year to 336,791 TEUs.
Scheduled to commence in March 2017, the new direct route between its hub at London Heathrow and New Orleans International Airport will be the first of its kind, the global airfreight carrier said in a statement.
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The Danish conglomerate said one division will focus on transport and logistics, while the other division will focus on energy.
The U.S. Justice Department said Thursday that three men were arrested on charges of illegally exporting military technology to Russia.
The association has been pushing for standardization around importer identification, but is concerned about a customs reauthorization bill approved by Congress, which calls on brokers to provide importer information to CBP.