MCC names CEO, Maersk Line appoints South East Asia managing director, Port of New Orleans’ board of commissioners elects chairman, Deutsche Post DHL Group names labor director and board member for personnel, and Truckstop.com hires chief economist.
Opposing FAA reauthorization bills introduced in House, Senate
The House of Representative’s 21st Century Aviation Innovation, Reform, and Reauthorization Act includes a controversial provision to separate air traffic control duties from the administration, while the Senate’s FAA Reauthorization Act of 2017 does not.
Trump nominates retired Navy officer to lead MarAd
The military career of Rear Admiral Mark Buzby, President Donald Trump’s nomination for administrator of the Department of Transportation’s Maritime Administration, spanned 34 years, including at-sea positions on Navy cruisers and destroyers.
CEO of Maersk Line subsidiary MCC stepping down
Danish ocean carrier Maersk Line and it’s intra-Asia subsidiary line MCC have announced changes to their Asia-Pacific management team.
South Africa rejects merger between Japan’s ‘Big 3′
The Competition Commission of South Africa said a merger between NYK, MOL and “K” Line would encourage anti-competitive behavior in the liner markets and the car carrier sector.
ATA: Truck tonnage index sees ‘robust jump’ in May
The seasonally adjusted For-Hire Truck Tonnage Index equaled 144.1 in May, up from 135.3 in April, though American Trucking Associations’ Chief Economist Bob Costello expects only moderate gains moving forward.
Merged Hapag-Lloyd, UASC bases Mid East head office at DIFC
Hapag-Lloyd, which finalized its merger with United Arab Shipping Co. in May, is basing its Middle East head office at the Dubai International Financial Center.
Executive Moves: project44, Crowley and the Little Rock Port Authority
project 44 hires chief strategy officer; Crowley Maritime Corp. appoints vice president of safety, security, quality and environmental stewardship; and the Little Rock Port Authority’s board of directors elects chairman.
Trump’s infrastructure plan will need foreign investment, Mnuchin says
Treasury Secretary Steven Mnuchin said the success of President Donald Trump’s $1 trillion infrastructure package will likely depend on help from foreign investors, according to The Hill.
WTO chief seeks to promote women in trade
World Trade Organization Director-General Roberto Azevêdo said more needs to be done to ensure women have better access to the economic benefits of trade.