Yang Ming responded by saying it has unwavering support of Taiwan’s government and has "proactively reorganized internally to effectively reduce its operating costs."
Orient Overseas Container Line’s parent company said it is not aware or involved in any bid relating to the company or OOCL.
Kansas City Southern’s net income fell 1.1 percent to $479.9 million for the full year in 2016 on revenues that slid 3.5 percent compared to the previous year, according to the company’s most recent financial statements.
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The automaker said it will keep open a production line for one of its models at a Kentucky plant instead of relocating it to Mexico and President-elect Trump hailed the decision.
Matson spokesperson Keoni Wagner told American Shipper that the move to the AWS Cloud was a phased process, which began in the fall of last year and was completed in August.
Peter Keller, executive vice president of TOTE, which has put two containerships fueled with liquefied natural gas into service between Florida and Puerto Rico, chairs the group, SEA/LNG.