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A.P. Moller Maersk reported a record-setting $1.6 billion in profits for the first quarter, thanks in part to Maersk Line profits of $714 million.
Daewoo Shipbuilding will build more mega-ships for the Danish ocean carrier, according to recent media reports.
The containership was released early Thursday morning after Maersk provided a letter of understanding related to the underlying cargo case.
Trade Promotion Authority gives the White House more freedom to negotiate major free trade agreements with Pacific Rim and European partners.
Cuba has pent up demand for trade and U.S. companies are eager to tap a new export market.
The Senate approved another short-term extension to continue funding highway, bridge and transit projects.