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The National Shipping Company of Saudi Arabia reported a nearly 163 percent increase in net profits in the second quarter of 2015 compared to the second quarter of 2014.
Crowley appoints IT VP and WCI hires government relations direction, while Cambridge Systematics, SMARTRAC and Sedex Global name senior executives.
UASC appoints new chairman and vice chairman, while Matson names Alaska VP.
Senat Shipping claimed no wrongdoing or illegal activity on its part, and said the Treasury Departments action is a “misguided measure purely based on Senat's historical dealings with OMM,” according to a report from Reuters.
Oregon Rep. Earl Blumenauer said his recently introduced STRONGER Act would establish an enforcement trust fund that would be "paid for by foreign exporting cheaters."
Singapore-based GLP's $4.55 billion acquisition of IIT's logistics assets will make it second largest logistics property owner and operator in the United States within a year of market entry, the company said.