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The International Longshore and Warehouse Union said 82 percent of its members voted in favor of ratification.
Union says it will strike APMT's North Pier terminal, which handles 35 percent of Peruvian cargo, starting Wednesday.
Trade Promotion Authority gives the White House more freedom to negotiate major free trade agreements with Pacific Rim and European partners.
Pasha Group acquired Horizon Line's Hawaii trade lane operations, while Matson took over the ocean carrier’s Alaska business.
The benefits of upsizing are beginning to plateau and require more infrastructure investment, according to a new report by the OECD's International Transport Forum.
Rates on routes from Shanghai to the United States, on the other hand, rebounded from last week, according to estimates from the Shanghai Shipping Exchange.