New FMC regulation rules out carrier 'lame excuses' for rolling cargo
The days of “lame excuses” being offered by ocean carriers for refusing to carry contracted ...
FDX: DIVIDEND UNCHANGEDHD: STEADY YIELDZIM: CAUTION AHEAD OF NUMBERS WMT: CFO KEY REMARKS WMT: RECORD WFWRD: SURGING WMT: EARNINGS BEATPG: RISK SCREENINGFDX: FREIGHT DISPOSALFDX: TAILWINDXPO: EUROPEAN DIVESTMENT TALKWMT: ON WATCHHLAG: STOCK MARKET REACTIONMAERSK: SVITZER SPIN-OFF PERFORMANCE UPDATE
FDX: DIVIDEND UNCHANGEDHD: STEADY YIELDZIM: CAUTION AHEAD OF NUMBERS WMT: CFO KEY REMARKS WMT: RECORD WFWRD: SURGING WMT: EARNINGS BEATPG: RISK SCREENINGFDX: FREIGHT DISPOSALFDX: TAILWINDXPO: EUROPEAN DIVESTMENT TALKWMT: ON WATCHHLAG: STOCK MARKET REACTIONMAERSK: SVITZER SPIN-OFF PERFORMANCE UPDATE
Former International Longshore Workers Union (ILWU) board member and US Democratic Congressman Max Vekich has been appointed to the Federal Maritime Commission (FMC).
Mr Vekich will replace outgoing Republican Michael Khouri whose five-year term at the FMC came to an end in June last year. Mr Vekich’s appointment as commissioner was confirmed in a 51-43 Senate vote yesterday.
The appointment will see the political balance of the regulatory body shift from a Republican majority to the Democrats.
Mr Vekich has served four terms as a Democratic member of the House of Representatives, between 1983 and 1991, on the ILWU’s executive board as a senior supercargo, a union supervisory role known as a “walking boss”.
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