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U.S. rates dropped, but transpacific carriers plan significant rate increases in June and July.
The 2M Alliance partners will share space with G6 Alliance member MOL on two loops between Asia and the East Coast of South America.
Union says it will strike APMT's North Pier terminal, which handles 35 percent of Peruvian cargo, starting Wednesday.
Trade Promotion Authority gives the White House more freedom to negotiate major free trade agreements with Pacific Rim and European partners.
Cuba has pent up demand for trade and U.S. companies are eager to tap a new export market.
The Senate approved another short-term extension to continue funding highway, bridge and transit projects.