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U.S. Seeks Answers in Shipping Crisis

U.S. regulators are pressuring ocean shipping companies and theĀ seaport terminals they operate, seeking to resolve disruptions that have created backlogs at America’s biggest ports and wreaked havocĀ on the nation’s supply chains.

The Federal Maritime Commission will order container carriers andĀ port terminal operators serving Los Angeles and New York toĀ provide information related to containerĀ returns and availability. The information may be used as a basisĀ for hearings, Commission enforcement action or further rule-making, the FMC said.

Source: Bloomberg