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Norfolk Southern Corp. will modify its Triple Crown Services (TCS) subsidiary to focus on the transport of auto parts, while other business will shift to the railroad's intermodal network.
Rand Logistics names VP of procurement, DHL Express in Africa appoints managing director of Sub-Saharan Africa and Texas Trucking Association selects Intermodal Committee chairman, while Park City Group names CFO.
Promotions and appointments were made at SABMiller, DHL Global Forwarding, Cargolux, DP World London, Buss Port Logistics, and Swisslog.
TOTE says "While this reflects that the ship was caught in rough seas and extreme weather, it is in no way indicative of the ship’s fate."
Rep. Stephen Fincher, R-Tenn., introduced a bill that would restore Ex-Im Bank’s operations and include various reforms, but will require a "discharge process" to reach the House floor for a vote.
The company’s minority investment in e-commerce specialist Ally Commerce Inc. is more about research than revenues, according to Rimas Kapeskas, head of UPS’s strategic enterprise fund.