Japan’s Kintetsu World Express’ wholly-owned subsidiary, APL Logistics, said its employees are retracting earlier statements they made last week regarding “K” Line’s financial position.
Hanne B. Sørensen, chief executive of A.P. Møller-Maersk’s third-party logistics subsidiary, will be replaced by current Maersk Line Head of East West Trades Klaus Rud Sejling, the company said in a statement.
The Japanese carrier said it will use the funds to invest in its growth, boost the company’s earnings base to increase business competitiveness, and to raise funds for vessel-related facilities.
The chief executive officer of SSA Inc., Knud Stubkjaer, who has over 35 years of expertise in the transportation, terminal operations and logistics industry, received the 2016 Connie Award.
Airports Council International, a trade association representing the world’s airports, has approved a resolution to support the United for Wildlife Transport Task Force campaign.
The Danish container carrier ordered 14,800 new refrigerated cargo containers, lowering the average age of its reefer equipment fleet to 7.9 years old, well below the industry average, the company said in a statement.
The Japanese ocean carrier has acquired a 25 percent share of EMAS Chiyoda Subsea, a construction firm specializing in offshore and subsea oil and gas facilities, from Singapore’s Ezra Holdings and Japan’s Chiyoda Corporation.
The Ottawa-based Chamber of Marine Commerce will take over the operations of the Canadian Shipowners Association.
United European Car Carriers, a joint venture between ocean carriers NYK and Wallenius Lines, received the world’s first pure car and truck carrier capable of running on liquified natural gas from Kawasaki Heavy Industries Ltd., NYK said in a statement.
Starting Oct. 1, the Pacific Northwest port will be accepting applications for a new, permanent chief executive officer and executive director to replace the outgoing Todd Coleman, who stepped down in May, according to a statement from the port authority.
The Hong Kong-based third-party logistics provider has renamed Albini & Pitigliani Sverige AB, known as ALPI Sverige, Kerry Logistics (Sweden) following the integration of the company’s businesses.
Norfolk Southern’s chief legal officer retires, while SynchroNet Intermodal Services names DoorLogistics sales director and Alliance Shippers appoints assistant vice president of sales.
The Port of Montreal has plans for a new terminal in Contrecoeur, while DP World signed a lease in July to expand and operate the Rodney container terminal in Saint John, and new container terminals are proposed in Melford and Sydney.
The commission said it has “reasonable grounds” to suspect the carriers engaged in collusive practices to fix incremental cargo rates from Asia to South Africa.
The head of the largest freight brokerage in North America told American Shipper this week that capital fueling acquisitions and new technology will push his company and industry as a whole.
The International Transport Workers’ Federation criticized the U.S. Customs and Border Protection (CBP) saying it was told by CBP that it had concerns crew could try and jump ship due to the Hanjin situation.
The supply chain software company told American Shipper this focus allows it to connect new innovations to its core platform as it would tools from a third-party technology provider.
Ron Widdows, the former chief executive officer of both Neptune Orient Lines and Rickmers Holding, told American Shipper he thought Hanjin Shipping handled its financial collapse “pretty badly.”
The terminal’s two berths became available earlier in 2016 when a lease with a bulk cargo operator ended, and although the port is mainly interested in responses to import/export bulk cargo, it will consider opportunities for other marine-dependent uses.
The head of the French freight forwarder Logfret, Christian Millet, died Sept. 17 at the age of 58.
