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The port authority is instituting a series of measures to improve cargo fluidity in response to a spike in congestion at its Virginia International Gateway terminal.
U.S. Labor Secretary Perez announced Friday night the International Longshore and Warehouse Union and Pacific Maritime Association reached an agreement on a new five-year contract.
Harley Shaiken, a professor at the University of California, Berkeley, said an agreement between the ILWU and PMA could be reached in days rather than weeks.
The German ocean carrier said its financial results were impacted by costs from merger with Chilean liner CSAV.
ConAgra and Lululemon said they expect shipment delays for several more months as a result of West Coast port congestion.
The new container service will connect ports in China, Taiwan and South Korea with Mexico, Colombia, Peru and Chile.