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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.
The German ocean carrier said its financial results were impacted by costs from merger with Chilean liner CSAV.
Businesses large and small and across many sectors share their views on the massive West Coast port cargo delays.
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.