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The Federal Highway Administration will provide $200,000 in grants to fund pilot projects to encourage the movement of trucked inner-city freight deliveries from the day to the night.
The National Transportation Safety Board will still seek to locate the TOTE Maritime Puerto Rico ship and recover the "black box" voyage data recorder.
No reasons was given for NYK's decision, but industry officials say it is tough for carriers to make money in the north-south trade lanes today.
The Israeli ocean carrier recently returned to the black, posting adjusted net profits of $23 million in the second quarter of 2015 compared with a net loss of $50 million the previous year.
With more tonnage to be delivered next year, London-based shipping consultant Drewry says "the overhang of excess capacity [in the ocean freight industry] will be even greater than that experienced in 2009."
Capacity growth was relatively stagnant across the three major east-west trades in the third quarter of 2015, as slowing global trade and an economic recession in China caused volumes to remain weak even during the summer peak shipping season.