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The agreement with trade union ver.di includes salary increases in 2016 and 2017, as well as employee protection against job dismissal through 2019.
The Federal Maritime Commission's report was based on feedback from industry leaders at four public forums held around the country to gauge the impacts of port congestion and examine possible solutions going forward.
The Belgian port handled its one millionth vehicle for 2015 in June at the Toyota Motor Europe Terminal.
The South Korean shipbuilder attributed the heavy second quarter losses primarily to a 2.3 percent decrease in overall revenues from last quarter.
Senat Shipping claimed no wrongdoing or illegal activity on its part, and said the Treasury Departments action is a “misguided measure purely based on Senat's historical dealings with OMM,” according to a report from Reuters.
Oregon Rep. Earl Blumenauer said his recently introduced STRONGER Act would establish an enforcement trust fund that would be "paid for by foreign exporting cheaters."