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Leadership transition occurs as the flooring retailer continues to deal with questions about import safety and compliance.
The Pacific Maritime Association voted to approve the deal in advance of the International Longshore and Warehouse Union member ratification vote Friday.
A U.S. District Court in Washington said the fine relates to Schlumberger Oilfield Holdings Ltd.'s illicit exports to Iran and Sudan.
The luxury and lifestyle retailer handles well-known brands such as Victoria’s Secret and Bath & Body Works in Southeast Asia.
Average annual exports in the Asia Pacific region grew from $4.1 billion for the five years before free trade agreements to $6 billion for the five years following their introduction, according to a new study by the APEC Policy Support Unit.
The International Longshore and Warehouse Union said 82 percent of its members voted in favor of ratification.