FASA

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.”

Fincantieri and GE’s Shipboard Pollutant Removal System is expected to help vessels comply with MARPOL emissions limits scheduled to go into effect by 2020.

The French ocean carrier will sell a 90 percent equity interest in the Global Gateway South terminal at the Port of Los Angeles to EQT Infrastructure III for $817 million.

On Aug. 1, the price terminals at the Southern California ports of Los Angeles and Long Beach charge for moving cargo during daytime hours Monday through Friday will increase 2.3 percent to $72.09 per TEU, or $144.18 per FEU.

Dalian Global Unity Shipping, two Chinese nationals and Bank of Dandong have been banned by the U.S. Treasury Department for violating a United Nations ban on shipping and transactions with North Korea.