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The new legislation is supported by Port of Portland, Oregon container terminal operator International Container Terminal Services Inc.
Study from Boston Consulting Group and C.H. Robinson said the cargo most in play will be destined for the “battleground region” in the Midwest.
President Obama and supporters of the Trans-Pacific Partnership won a procedural battle in Congress with the Senate voting to end a filibuster on fast-track Trade Promotion Authority Tuesday, but the real war may be yet to come.
White House now believes it has the leverage it needs to seal the massive 12-nation Trans-Pacific Partnership trade deal.
The Port of Los Angeles will begin construction this summer on a two-year project to upgrade and expand berths and backlands at the Yusen Terminals LLC container terminal.
The International Chamber of Shipping complained protectionist policies could limit access to U.S. oil and gas exports.