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A bipartisan Senate bill would set transport policy and investment for six years, but is only funded for three years using money that would be redirected from other parts of the government.
The National Shipping Company of Saudi Arabia reported a nearly 163 percent increase in net profits in the second quarter of 2015 compared to the second quarter of 2014.
The third-party logistics provider increased net income and revenues by 15.1 percent and 3 percent, respectively, in the first half of 2015 compared to the same period last year.
The Dubai-based port terminal operator was fighting a proposed 750 percent rent increase at Port of Melbourne.
The Norwegian ocean carrier reached an agreement with the Competition Commission of South Africa after admitting to price fixing, market allocation and collusive tendering.
Trade ministers left Hawaii on Friday without concluding a TPP deal because several countries held out to protect specific domestic industries like pharmaceuticals, automobiles and agriculture from competition.