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Price tag for Singapore-based APL Logistics is significantly higher than the $750 million first mooted when NOL announced in August that it was exploring a sale or IPO.
Maersk Line CEO Soren Skou told American Shipper container lines need to adapt to permanent overcapacity, and cited Maersk's network management as the primary driver of bumper profits in recent years.
Acquisition would make Japan Post one of the largest global 3PLs.
Experimental off dock drop yard at the Port of Los Angeles could help speed containers.
The International Association of Classifications Societies said it would continue to study the report and the will finalized the requirements soon.
The federal agency alleges shipments did not include relevant documents and were improperly packaged and labeled.