The Logistics of Regulating the Supply Chain
FMC Commissioner William P. Doyle defines the mission, machinations and many triumphs of the Federal Maritime Commission. It would not be a stretch to say that the Federal Maritime Commission (FMC) is perhaps the least understood, possibly the most obscure, and at the very same time, one of the most important federal agencies on the commercial waterfront today. The independent federal agency is responsible for regulating the U.S. international ocean transportation system for the benefit of U.S. exporters, importers, and the U.S. consumer.
Status of US West Coast Port Dispute Unclear
The status of a dispute between shipping executives and union leaders for dock workers at 29 U.S. West Coast ports was unclear on Friday, with the Journal of Commerce, which earlier reported a deal may have been reached, saying conflicting reports had emerged on the status of the nine-month-old talks. "There is no deal as it stands right now," Journal of Commerce Chief Content Officer Peter Tirschwell told Reuters. "Pace of negotiations quickening as source close to the talks says no deal yet despite several others this AM saying a deal was in hand," the Journal reported in a tweet.
West Coast Port Talks Break Without Settlement
Shipping executives and union leaders for dockworkers at West Coast ports ended a third day of contract talks presided over by the U.S. labor secretary late on Thursday without reaching a settlement, but planned to meet again on Friday, a source close to the situation told Reuters. Labor Secretary Tom Perez joined the talks in San Francisco at the behest of President Barack Obama, who has come under growing political pressure to intervene in a dispute that has led to months of costly disruptions in cargo traffic at the ports, reverberating through the trans-Pacific commercial supply chain.
Pressure Mounts to Settle West Coast Port Dispute
LOS ANGELES, Feb 18 (Reuters) - Two U.S. Cabinet secretaries joined congressional leaders, three governors and a big-city mayor on Wednesday in pushing shipping lines and the dockworkers' union to settle a contract dispute that has led to months of turmoil and cargo backups at 29 West Coast ports. Labor Secretary Tom Perez and Commerce Secretary Penny Pritzker weighed in as emissaries of President Barack Obama, who has come under rising political pressure to intervene in a conflict that has reverberated through the trans-Pacific commercial supply chain and could…
U.S. Labor Secretary Joins West Coast Port Talks
U.S. Labor Secretary Tom Perez on Tuesday urged shipping company executives and union leaders for 20,000 dockworkers to settle a contract dispute that has led to months of clogged cargo traffic and other disruptions at 29 West Coast ports. Perez was sent to join the talks in San Francisco by President Barack Obama, who has come under mounting pressure to intervene in the labor conflict that has rippled through the commercial supply chain across the Pacific and by some estimates could ultimately cost the U.S. economy billions of dollars.
Labor Secretary to Intervene in U.S. Port Dispute
A partial shutdown of 29 U.S. West Coast ports stretched into a third day on Monday ahead of the U.S. labor secretary's scheduled arrival in San Francisco to try to broker a settlement ending months of disruptions on the cargo-clogged docks. President Barack Obama, under pressure to weigh in on a labor dispute that has rippled through the U.S. commercial supply chain and beyond, said on Saturday he would dispatch Labor Secretary Tom Perez to meet with the two sides in the conflict.