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A.P. Moller Maersk reported a record-setting $1.6 billion in profits for the first quarter, thanks in part to Maersk Line profits of $714 million.
Ocean carrier China Shipping reported a nearly 306% year-over-year increase in net profits during first quarter 2015.
New legislation introduced in the U.S. Senate seeks to provide the government with more data about port performance.
The International Longshore and Warehouse Union said 82 percent of its members voted in favor of ratification.
Trade Promotion Authority, a bill that grants the president authority to conclude trade deals without congressional interference, moved forward in the Senate Thursday morning.
Together with Dynamex, the two units will offer final mile delivery in more than 70 markets.