The U.S. Federal Maritime Commission has received five ocean transportation intermediary license applications and changes for review.
The Panama Canal's third lane opened for business, following Sunday's transit of the 9,472-TEU COSCO Shipping Panama.
The United States exported 794,537 net tons of steel in April, a 2.5 percent increase from March, but a year-over-year drop of nearly 6 percent.
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In order to transport goods beyond its borders, Iowa relies on a network of 10,000 miles of highways, 3,825 miles of tracks used by 18 large and small railroads, and 491 miles of navigable inland waterways bordering the state.
Despite the European Union and United States agreeing to ease economic sanctions placed on Iran in 2009, multinational companies must still ensure rigorous compliance with "secondary" U.S.-Iranian sanctions.
The French ocean carrier transported 2.9 percent more containers, but saw the average freight rate tumble 17.6 percent when compared to the first quarter of 2015.