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Maersk unit will specialize in intra-America trade.
Despite presence of federal mediator 'no further agreements have been reached.'
Avon has been penalized for calling on Chinese officials with bribes, violating the Foreign Corrupt Practices Act.
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.