The first logistics-focused technology accelerator Dynamo has its inaugural demo day Tuesday, and American Shipper recently visited Chattanooga to find out more.
C.H. Robinson finalizes APC Logistics acquisition
The Eden Prairie, Minn.-based third-party logistics provider has added Oceania as a new region to its Global Forwarding division, thanks to the company’s acquisition of Melbourne-based APC Logistics.
AIIS: U.S. steel imports continue slipping in August
The United States imported 2.99 million net tons of steel in August, an 8.5 percent month-over-month decline, driven down by lower volumes from Brazil and South Korea from a month prior.
NEW APPOINTMENTS AT SEIKO, OLD NAVY AND AMERICAN EAGLE OUTFITTERS
NEW CHAIRMAN AT SEIKO Akio Naito is named Chairman of Seiko Corporation of America, a newly created position. With over 14 years at Seiko, Naito currently serves as Senior Executive Vice President for Seiko Watch Corporation and is a member of the Board of Directors for the ultimate parent company, Seiko Holdings Corporation, both headquartered in …
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Port of Vancouver, Wash. seeks permanent CEO
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.
Kerry Logistics rebrands majority-owned Swedish subsidiary
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.
Damco CEO resigns amid Maersk restructuring
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.
SCFI slips on major trades
The Shanghai Containerized Freight Index fell 3.5 percent from last Friday to a reading of 707.68, declining for the second straight week as the short-term boost after Hanjin Shipping filed for receivership at the end of August has now faded.
NYK closes on acquisition of minority stake in subsea construction firm
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.
Maersk Line beefs up reefer fleet
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.