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Trade Promotion Authority gives the White House more freedom to negotiate major free trade agreements with Pacific Rim and European partners.
Rickmers, which manages the ship for Maersk said Iranian navy fired "warning shots" at Marshall Islands-flagged Maersk Tigris.
Ocean carriers NYK and "K" Line reported improved financial results, while MOL's loss widened.
Transportation and port companies need to cooperate more, members of the Agriculture Transportation Coalition said at their annual meeting in San Francisco.
Canadian National, Canadian Pacific and Union Pacific railways have seen volumes drop 4 percent, 3 percent and 6 percent, respectively, so far in the second quarter.
The ever-increasing size of containerships has led a decrease in average number of containers moved per hour in port and, in turn, to increased vessel delays, according to a new JOC Port Productivity study from IHS Inc.