Transpacific shipping costs have fallen by 53% in the past three months.
July 13, 2022FMC
Government, Business, Logistics 
Boxes are stacked on a Cosco England containership at the Kwai Chung Container Terminal in Hong Kong. (Paul Yeung/Bloomberg News)
Ocean Shipping Rates Begin to Decline
Boxes are stacked on a Cosco England containership at the Kwai Chung Container Terminal in Hong Kong. (Paul Yeung/Bloomberg News) Government, Logistics 
Max Vekich's membership on the Federal Maritime Commission shifts the five-member board to a 3-2 majority for Democrats. (What is Going on With Shipping? w/Sal Mercogliano via YouTube)
Senate Confirms Federal Maritime Commissioner
Max Vekich's membership on the Federal Maritime Commission shifts the five-member board to a 3-2 majority for Democrats. (What is Going on With Shipping? w/Sal Mercogliano via YouTube)Max Vekich was confirmed by a 51-43 Senate vote to serve on the Federal Maritime Commission through 2026.
February 14, 2022 Government, Business, Logistics 
Getty Images
Top Maritime Regulator Sees Shipping Snarls Lasting to 2022
Getty ImagesThe top U.S. maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay strained into 2022, raising concerns about whether small American companies can weather another year of a tangled transport system and much higher costs.
June 9, 2021 Government 
Daniel Maffei is sworn in as Federal Maritime Commission chairman. (FMC.gov)
FMC Chairman Daniel Maffei: Port Congestion Likely to Last Through Summer
Daniel Maffei is sworn in as Federal Maritime Commission chairman. (FMC.gov)Lingering congestion at the nation’s major ports is likely to continue throughout the summer and possibly later into the year, said Daniel Maffei, the new chairman of the Federal Maritime Commission.
April 13, 2021 Government Daniel Maffei is sworn in as Federal Maritime Commission chairman. (FMC.gov)
Maffei Named Maritime Commission Chairman
Daniel Maffei is sworn in as Federal Maritime Commission chairman. (FMC.gov)The Biden administration tapped Daniel Maffei to lead the Federal Maritime Commission, the agency announced recently.
April 1, 2021 Government, Business
Federal Maritime Commission Appoints Karen Gregory Regulatory Reform Officer
Karen Gregory, managing director of the Federal Maritime Commission, has been appointed the agency’s regulatory reform officer, acting Chairman Michael Khouri announced March 13.
March 13, 2017