Containership leasing giant Seaspan Corp. is continuing negotiations surrounding employment agreement modifications for Chief Executive Officer Gerry Wang and hopes to reach a deal before the end of July, the company said in a statement Friday.

The international financial institution approved a $345 million credit facility and a $12 million grant for the new Dar es Salaam Maritime Gateway Project in Tanzania.

A new law in Kentucky will allow the Atlanta-based parcel giant to us golf carts to deliver packages throughout the state, and UPS is planning to take advantage of the potential additional capacity mainly during the winter holidays.

Other factors contributing to the derailment of a BNSF ethanol train on Sept. 19, 2015 near Lesterville, S.D., included an FRA regulation that allowed high-hazard flammable unit trains to continue operating on sub-standard tracks, according to the NTSB.

Starting July 2, the Luxembourg-based all-cargo carrier will now offer four scheduled weekly flights to and from the capital city of Quito, Ecuador.

American Airlines Cargo’s new temperature-controlled room at its cargo facility in the London-Heathrow Airport is aimed at handling increasing shipments of pharmaceuticals.

Logistics enterprise software provider WiseTech Global reached a deal to acquire Bysoft Solucoes em Sistemas Para Comercio Exterior Ltda (Bysoft), the largest provider of automated customs solutions to the logistics industry across Brazil.

A consortium of four Japanese companies are buying a percentage of a floating production, storage and offloading facility off the coast of Ghana, .

​The settlement agreement, which resolves all legal issues related to allegations the Kuwait-based 3PL overcharged the Department of Defense while supplying food to U.S. military troops, will allow Agility to again pursue new U.S. government contracts.

Despite opposition from local maritime businesses, new legislation in Oregon amends existing state law to to allow seaports to “acquire, construct, maintain and operate facilities for constructing, repairing or maintaining any type of watercraft.”