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The European Commission granted approval for the acquisition of the short sea service provider June 29 without any conditions.
The port drivers' seventh strike at Los Angeles and Long Beach in recent years is targeting Pac 9 Transportation in protest over alleged independent contractor misclassification.
Port disruptions caused by contentious dockworker contract negotiations likely reduced real export growth 1.5 percent in the first quarter, according to a recent study by the Federal Reserve Bank of New York.
Georgia Ports Authority said TEU volumes in Savannah have climbed almost 17 percent in the past 12 months.
Foreign Minister Sameh Shoukry said Monday that Egypt is capable of protecting the new waterway that runs alongside the existing canal.
Meanwhile, maritime consultant Drewry said it believes the sale of G6 Alliance member APL's parent company Neptune Orient Lines is unlikely at this time, despite the line being a "habitual loss maker."