Canadian National Railway has named Claude Mongeau’s successor as president and CEO of the company, Luc Jobin, as company director, and promoted Mike Cory to chief operating officer and Ghislain Houle to chief financial officer.
Industry leader Maersk Line, along with MSC and 13 other container lines, might not be subject to further penalties stemming from a five-year European Commission probe, according to a report from Reuters news service.
The e-commerce giant threw down $775 million in 2012 to purchase Kiva’s warehouse automation robots, ending the sale of Kiva’s products to warehouse operators and retailers that had come to rely on them.
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Logistics costs for U.S. businesses rose 2.6 percent in 2015, while the largest component of logistics costs, transportation, grew only 1.3 percent during the year, according to a report from the Council of Supply Chain Management Professionals.
Taiwanese ocean carrier Yang Ming Transport Corp. named former Evergreen Line executive Bronson Hsieh as its new chairman.
The International Cargo Handling Coordination Association reminded shippers and forwarders that the container weighing rule will go into effect Friday, with no three-month grace period as some have mistakenly understood.