US Retailers' Ocean Shipping Price Woes Ending as New Delays Threaten
Collapsing ocean shipping rates are not all good news for U.S. retailers, who paid as much as $20,000 to move a container of goods during the worst pandemic disruptions, as they now are bracing for delays due to plummeting demand.Carriers like MSC and Maersk are trying to prop up prices by cancelling voyages and that could spark a new round of cargo delays as containers get bumped from one ship to the next, experts said ahead of a major U.S. ocean shipping conference in Long Beach…
US Importers Turn to Prayer and the President Ahead of West Coast Port Labor Talks
For more than two years, Isaac Larian has used every available tool to overcome global supply-chain bottlenecks and keep retailers stocked with enough Bratz and LOL Surprise! dolls to meet pandemic demand.Asked how he's preparing for this summer's West Coast port labor talks, the chief executive of Los Angeles-based MGA Entertainment deadpanned, "I'm praying two times a day."Larian and a half-dozen suppliers for major retailers like Walmart WMT.N, Amazon.com AMZN.O and Target…
US Port's Supply Chain Fix Challenge: Selling 24/7 Shifts
The Port of Los Angeles is beginning the hard work of convincing terminal operators, importers, warehouses owners and trucking firms to embrace moving more cargo at night."It's not a single lever we can pull today to open up all the gates," Executive Director Gene Seroka said on Thursday.On Wednesday, the White House gathered stakeholders including retailers Walmart and Home Depot, logistics firms United Parcel Service and FedEx, and electronics supplier Samsung. The companies…
Taylor to head Trojan Battery's Global Workforce
Trojan Battery Co., LLC, the world’s leading manufacturer of deep-cycle batteries, has named Phillip Taylor as senior vice president, and chief human resources (HR) officer to lead the company’s global workforce of more than 1,000 employees. Taylor brings over 30 years of experience to this position, which includes his most recent tenure at legendary toy maker Mattel, Inc. Battery. Taylor is responsible for the development of corporate HR strategies for Trojan’s worldwide operations in the areas of recruitment, compensation, benefits, performance management and organizational development for the company. While at Mattel, Taylor served as senior vice president of HR for the commercial and corporate divisions.
New CEO Showcases Marseilles Fos Initiatives
Christine Cabau Woehrel has taken up her new role as CEO of the Marseilles Fos port authority after two years heading the Port of Dunkirk. She succeeds Jean-Claude Terrier following a French transport ministry nomination that was backed by the port’s supervisory board in February and has now been confirmed by government decree. Her move marks a return to the headquarters city of CMA GGM, France’s biggest and the world’s third largest container carrier, where she worked from 1987-2011.
