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In a separate action, warehouse workers began a strike Tuesday morning against California Cartage warehouse in Los Angeles.
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 western-most port of Lake Michigan has handled 10 percent less cargo through the first eight months of 2015 in comparison to last year, despite an increase in August volumes.
TOTE says "While this reflects that the ship was caught in rough seas and extreme weather, it is in no way indicative of the ship’s fate."
Rep. Stephen Fincher, R-Tenn., introduced a bill that would restore Ex-Im Bank’s operations and include various reforms, but will require a "discharge process" to reach the House floor for a vote.
The company’s minority investment in e-commerce specialist Ally Commerce Inc. is more about research than revenues, according to Rimas Kapeskas, head of UPS’s strategic enterprise fund.