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Retailer diverted cargo, formed chassis fleet, and used untapped drayage to combat West Coast congestion.
Port disruptions caused by contentious dockworker contract negotiations likely reduced real export growth 1.5 percent in the first quarter, according to a recent study by the Federal Reserve Bank of New York.
The plot may have been an inside job, as one of the 13 people arrested reportedly worked for the Suez Canal Authority.
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.