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Price tag for Singapore-based APL Logistics is significantly higher than the $750 million first mooted when NOL announced in August that it was exploring a sale or IPO.
PMA neither loaded nor unloaded ships over the weekend, leaving yard and gate operations up to individual terminals.
Northern California port blames decline on slowdowns resulting from ongoing contract dispute between ILWU and PMA.
Congress passed a 7-day extension to keep the department running while negotiations over immigration dispute continue.
Texas’s exports reached $289 billion and California topped $174.1 billion in export value for 2014.
Economy grew at 2.2% pace, government says.