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U.S. Labor Secretary Perez announced Friday night the International Longshore and Warehouse Union and Pacific Maritime Association reached an agreement on a new five-year contract.
Acquisition would make Japan Post one of the largest global 3PLs.
FTR Associates predicts high long-haul truck rates as shippers try to rush goods to rest of country.
On-time performance is being hampered by congestion at West Coast ports.
DHS funding crisis means the agency will have to focus resources on border security, cargo clearance
The revised agreement would allow collaboration on congestion, transportation infrastructure needs and pollution mitigation.