Excerpts from Supply Chain Dive:
The U.S. Federal Maritime Commission will complete its efforts toward an industry-based supply chain innovation project this fall, which it will then present via report, American Shipper reported.
The project was launched in May 2016, out of industry frustration to the ongoing gridlock at many U.S. container ports in 2014 and 2015. Ocean carriers had begun relying on larger ships, which in turn caused chaotic conditions in cargo flow.
Participants in the initiative include shippers, carriers, industry intermediaries and consultants to the import and export supply chain.