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.
The integrated logistics provider formed a joint venture in South Africa with Johannesburg-based Super Group, offering local and multinational customers a range of logistics and supply chain solutions.
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Recently purchased APL parent Neptune Orient Lines couldn’t cut costs fast enough to compete in an increasingly commoditized market, chief executive Ng Yat Chung said in a surprisingly candid interview with Singapore’s Straits Times.
The agricultural export group, which has been a critic of the container weight regulation implementation process, praised South Carolina Ports Authority CEO Jim Newsome for suggesting the use of port scales to obtain verified gross mass.
Peter Friedmann accused container lines of bungling the International Maritime Organization's new container weight verification requirement, and said some now realize they face high internal costs unless they offer a more flexible approach.