The new warehouse is the first facility in Vietnam to provide a super frozen storage room, which reaches as cold at -58 degrees Fahrenheit.
Meanwhile, just this Friday, the Shanghai Shipping Exchange said its Shanghai Containerized Freight Index declined 6.2 percent from last Friday’s reading of 670.29 to a reading of 628.59.
William E. (Bill) Woodhour became president of Maersk Line, Ltd. (MLL) July 1 and will eventually become chief executive officer of the company, taking over from Russ Bruner, who has been president and CEO of MLL since 2014.
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Some logistics providers remain skeptical about how well it will work for ports to weigh containers and transmit the data to carriers on behalf of shippers.
USAT Logistics announces half a dozen management hires and promotions, while the Northwest Seaports Alliance names operations service center and port operations heads.
DB Schenker appoints senior finance and HR executives for North America team, while the Canadian Airports Council elects new chairman.