Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

US regulator approves west coast ports efficiency-boosting agreement

byCustoms Today Report
18/04/2015
in International Customs
Share on FacebookShare on Twitter

SAN FRANCISCO: The US Federal Maritime Commission (FMC) has voted to approve an agreement between west coast ports which should improve the efficiency of operations at those facilities.

Considering the months of congestion and delays on Pacific coast docks, the timing could not be better for this measure.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

Called the Pacific Ports Operational Improvements Agreement, it had been under review for a month before being supported unanimously according to an announcement from the FMC.

Parties to the agreement include the West Coast Marine Terminal Operators (MTO), the Ocean Carrier Equipment Management Association and almost every vessel-operating carrier and marine terminal operator serving US West Coast ports

This agreement authorises the parties to discuss, exchange information and reach agreement about: measures to boost the efficiency of operations of West Coast port facilities; reducing congestion at such facilities; inspection, safety and efficient use of equipment; and related port operational matters.

It also authorises the parties to agree on rules, regulations, practices and terms and conditions relating to those matters.

“Given the exigent circumstances related to congestion, this agreement’s effectiveness is timely,” said FMC chairman Mario Cordero. “Through this Agreement, the parties seek to address issues that could help to alleviate the congestion that is plaguing US Pacific Coast ports.

“While the agreement has great potential to achieve this goal, the Commission will closely monitor the activities of the agreement to identify emerging concerns and act quickly should it become necessary.

“This Agreement is an example of supply chain participants cooperating and working together under the authority of the Shipping Act to improve port productivity, innovation, and efficiency.”

The FMC is the federal agency responsible for regulating the US’ international ocean transportation for the benefit of exporters, importers, and the American consumer.

Tags: efficiency-boosting agreementUS regulator approvesWest Coast ports

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Internet speed slowdowns continue to plague thousands of iiNet customers during peak evening periods since Netflix launched

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.