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No sighting of lifeboat yet as multiple aircraft and ships search the area for TOTE Maritime Puerto Rico ship and crew.
The Danish firm's acquisition of third-party logistics provider UTi is the latest in a string of international mergers in the 3PL industry this year.
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.
Industry advisors to the Commerce Department are calling on the government to get involved much sooner when contract talks between dockworkers and terminal operators diminish port productivity.
The legislation (HR 702) also includes a provision to increase funding for the 60 ships in the Maritime Security Program from $3 million to $5 million.
Federal Aviation Administration officials say they plan to back a proposed international ban on shipping potentially dangerous lithium ion batteries on passenger airlines, according to multiple media reports.