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Port congestion is causing layoffs and inability to reach overseas consumers.
Driver cards on Teamster representation being counted today for STE.
Senator seeks to change the "build America" requirement for Jones Act ships.
Marine terminal officials agree that future contracts will require ongoing collaboration.
Maersk Line CEO Soren Skou told American Shipper container lines need to adapt to permanent overcapacity, and cited Maersk's network management as the primary driver of bumper profits in recent years.
Economist revised forecasts, predicting lower import growth and a second year of declines in exports.