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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.
Research from software provider Freightos found top global forwarders took an average of 90 hours to respond to online quote requests.
Investment bank's transportation and logistics group found the six publicly traded forwarders split among those focused on margin and those struggling with IT and cultural issues.
Australian logistics and stevedoring firm Asciano, parent of Patrick Stevedoring, has confirmed it received a purchase offer of $6.8 billion from Brookfield.
BPO arrangement allows the express giant, which has been targeted for acquisition by FedEx, to focus on its core activities and customers service.
While many airfreight carriers around the globe saw a slowdown in growth, Middle Eastern cargo lines reported a drastic increase in airfreight volumes.