FASA

Bond rating agency Moody’s Investors Services said the sale of Hanjin’s interest in Pier T, which accounts for 30 percent of the port’s revenue, is “credit positive.”

The Justice Department said a Los Angeles man pleaded guilty this week to illegally importing thousands of cartons of Chinese cigarettes into the United States.

Logistics services provider OIA Global has acquired Union, N.J.-based freight forwarder American Cargo Express, with the expectation of increasing its presence in the Canadian market.

France’s Total, the world’s fourth largest oil and gas company, will become a multi-fuel supplier for CMA CGM.

American Roll-on Roll-off Carrier Group has brought the vessel Liberty into the American registry, making it the eighth U.S.-flag roll-on/roll-off ship in its fleet.

Although reported cargo thefts in California drastically increased from 2015 to 2016, logged incidents in Georgia were on the decline.

The U.S. Senate on Tuesday confirmed presidential nominee Elaine Chao, a former deputy secretary of transportation and secretary of labor, as secretary of the Department of Transportation by a vote of 93-6.