Bax Global News

Lion Contract Management (LCM), LLC, operators of a web-based ocean contract management system that allows customers an affordable solution to manage, search and quote contract rates within the Ocean Transportation industry, has been sued by BAX Global (Parent company: The Pittson Company/Brinks). The lawsuit, filed by BAX Global, states that LCM has misappropriated property that belongs to BAX. LCM representatives state they have sufficient evidence to prove in a court of law that they have not misappropriated any property as alleged by BAX and feel that BAX Global’s efforts are just a continuance of moves made by them to fund their struggling company and dilute competitors. Some LCM board members were previously employed by BAX Global and are named in the lawsuit.

The Federal Maritime Commission (FMC) issued a number of documents relating to efforts by non-vessel-operating common carriers (NVOCCs) to enter into confidential service contracts. C. H. Robinson Worldwide, Inc. filed a petition, as did Bax Global Inc. and Ocean World Lines, Inc. Extensions of time were granted with regard to the petitions of the National Customs Brokers and Forwarders Association of America, Inc. and United Parcel Service, Inc. Source: HK Law

The Chairman of Neptune Orient Lines Limited (NOL), Cheng Wai Keung, announced the appointment of Dr. 2006. Dr. Held will also be appointed a member of the NOL Board of Directors. Dr Held is a German national, whose most recent appointment was as Chairman and CEO of European-headquartered Schenker AG, one of the world’s leading providers of integrated logistics services. He served in this role for three years before stepping down in January 2006 following Schenker’s value-creating acquisition of the North America-based freight forwarder Bax Global. “The NOL Board considers Thomas Held to be one of the world’s outstanding transportation industry leaders and we are delighted to have an executive of his stature joining our company as CEO,” Cheng said.

BAX Global's China operation has opened an office in Ningbo in the Zhejiang Province to increase its coverage in Eastern China. The BAX Ningbo station, 450 kilometers south of Shanghai, will provide improved service in this developing coastal China port city. With its natural deepwater port, Ningbo last year was the eighth largest port in China with a total throughput of 1.2 Million TEU. BAX Ningbo will be offering a full range of services, including airfreight, ocean-freight and customs clearance. "The new office opening in Ningbo reaffirms our long-term commitment to the Chinese market," said Andrew Jillings, vice president, BAX Global, Northeast Asia.