Japanese companies have $59 billion at stake on the June 23 referendum in the U.K., when Britons vote to either leave or stay in the European Union.
Supply chain group aims to reduce global food waste 10% by 2025
The Cool Chain Association called for closer cooperation from shippers and other industry stakeholders in order to reach its goal of a 10 percent reduction in global food waste by 2025 at its annual Perishables Summit in in Barcelona, Spain.
Elemica acquired by private equity firm
San Francisco, Calif.-based private equity investment firm Thoma Bravo said its purchase of the global supply chain solutions provider will allow Elemica to expand its client offerings by focusing its resources and investing in new technologies.
âKâ Line exceeds CO2 vessel emissions reduction target
The Japanese ocean carrier in 2015 had reduced carbon dioxide emissions from ships by 13.6 percent since 2011, well ahead of the targeted 10 percent reduction by 2019.
Port of Hong Kong’s box volume sinks 12.1% in Q1
The port handled 55.6 million metric tons and 4.32 million TEUs during the first quarter of 2016, a year-over-year drop of 18.7 percent and 12.1 percent, respectively.
CN CEO Mongeau to step down following 2015 surgery
Claude Mongeau, president and chief executive officer of Canadian National Railway, will be succeeded in his role by current Chief Financial Officer Luc Jobin after having surgery to remove a tumor from his throat in 2015.
JaxPort joins movement to weigh outbound containers
The Port of Jacksonville’s terminals are willing to use on-site scales to provide carriers with a certified container weight to meet a new maritime safety rule.
Oakland International Container Terminal to continue night operations
The Port of Oakland’s largest marine terminal will continue night operations even after a port subsidy expires this month, but will assess a $30 flat-fee on all loaded import and export containers once the subsidy ends.
CAI International acquires truck broker
The container and railcar leasing company has acquired Hybrid Logistics, Inc. and its General Transportation Services, Inc affiliate, which are asset-light truck brokers with a focus on flatbed truck and over-dimensional shipments.
U.S. consumers aren’t buying more international products despite the dollar’s surge
Americans were supposed to be the world’s economic engine, but haven’t been straying from domestic shores.