Business
CF Industries Holdings, Inc. announced that Terrell D. Huch has been named vice president of supply chain effective January 1, 2016. Huch will replace Christopher D. Bohn, who was recently elected senior vice president of manufacturing.
Huch will be responsible for the company’s raw materials procurement, including natural gas, as well as supply chain and logistics for barge, pipeline, rail and truck transportation.
“Terry has made substantial contributions to CF in investor ...
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Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s largest cargo handling agent – has broken two records for its ramp handling operations.
In November the company handled 2,242 full freighters, beating its previous monthly record of 2,232 set in November 2014. On December 2, ...
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Ocean freight rates for cargo moving under contracts on the major East-West trade routes saw another reduction in the last quarter of 2015, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates.
The Drewry ...
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ASEAN companies are gaining traction as the region grows. According to Nikkei Asian Review magazine, 44 ASEAN companies boasted a market capitalization of US$10 billion or more in 2014, up from 34 in 2010. The dominating sectors are finance, communications, real estate, oil and gas, ...
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Crowley Maritime Corp. recently awarded Thomas B. Crowley Sr. Memorial Scholarships to four seniors studying at the University of Washington's (UW) Michael G. Foster School of Business. The students, Joshua Banks, Kainen Bell, Maninder Grewal and Xuan Liao, were each chosen to receive a $2,500 ...
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Kerry Logistics opened its first IT Development Centre in Penang, Malaysia on January 4, to harness internet technology in support of its rapidly growing international operations.
The opening ceremony was officiated by The Rt. Honourable Mr Lim Guan Eng, Chief Minister of Penang and The Honourable ...
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Ryder Systems, Inc., a leader in commercial fleet management, dedicated transportation and supply chain solutions, has earned recognition as a Partner-level supplier for 2015 in John Deere’s Achieving Excellence Program.
The Partner-level status is Deere & Company’s highest supplier rating. Ryder was selected for the honor ...
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The US House and Senate passed the Consolidated Appropriations Act of 2016, an omnibus appropriations bill on Dec. 18 that includes provisions to lift the oil export ban, approve reforms to the International Monetary Fund (IMF) and repeal country-of-origin labeling (COOL) requirements for beef and ...
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Participants in the World Trade Organization’s (WTO) Information Technology Agreement (ITA) have finalized a deal that will phase out tariffs on 90% of global technology exports.
Expanding the ITA will particularly benefit exporters from states such as Washington, which is home to a large number of ...
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A new partnership between Maersk Line and the World Maritime University will provide anti-corruption training to maritime officials from around the world.
The project, titled CORA, has been long underway, explains Kristin Berglund, Senior Legal Advisor in Maersk Line. With approvals now in place from both ...
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