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The cost of picking up containers during the day will rise in the Ports of Los Angeles and Long Beach, according to the West Coast Marine Terminal Operator Agreement.
The World Trade Organization’s Information Technology Agreement was expanded last week to include additional tariff cuts on high-tech trade.
White House now believes it has the leverage it needs to seal the massive 12-nation Trans-Pacific Partnership trade deal.
The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
The U.S. Senate also passed a long-term highway bill that will be debated by the House after the summer break.
The European Commission will now conduct an in-depth analysis under the EU's merger regulations before coming to a decision on FedEx's $4.8 billion offer to buy TNT.