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Ports plan to submit the agreement to the Federal Maritime Commission in June.
The third-party logistics provider also cut its first quarter loss in half.
Appropriateness of detention and demurrage charges must be addressed on a case-by-case basis, says World Shipping Council.
French ocean carrier will commence transatlantic operations on a new joint pendulum service with Hamburg Sud and UASC this month.
Container volumes at the Port of Baltimore decreased 8.8 percent compared to April 2014, according to the latest figures from the Maryland Port Administration.
A fire broke out on the Marshall Islands-flagged Purple Beach, causing the crew to evacuate due to toxic gas and fears of explosion.