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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.
The future of the Export-Import Bank is still in doubt because it depends on passage of a long-term transportation bill that is expected to pass the Senate, but which faces strong opposition in the House.
“When I was in Maryland we had a different word for that. We didn’t call it misclassification, we called it workplace fraud," Perez said in an interview on C-SPAN’s “Newsmakers” series.
The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
The U.S. Senate also passed a long-term highway bill that will be debated by the House after the summer break.
The European Commission will now conduct an in-depth analysis under the EU's merger regulations before coming to a decision on FedEx's $4.8 billion offer to buy TNT.