WD-40 shifts supply chain to dodge tariffs
The household products company’s strategic changes include alternative sourcing of raw materials and bringing manufacturing closer to customers.
The household products company’s strategic changes include alternative sourcing of raw materials and bringing manufacturing closer to customers.
SeaLead has terminated multiple charter contracts after 16 of its operated vessels were named in a fresh US sanctions update targeting Iran-linked shipping. Singapore-based container shipping company SeaLead Shipping has been forced to terminate charter agreements covering almost a third of its operated fleet after 22 container vessels were added to the US Office of…
Vietnam’s Phuoc An Port returns to Mitsui E&S for its largest-ever crane order. Japan’s Mitsui E&S Co. has won a deal to supply 11 STS cranes (Mitsui-Paceco Portainer) and 11 electric RTGs (Mitsui-Paceco Transtainer) to Petro Vietnam Phuoc An Port Investment & Operation Joint Stock Company (PAP), marking the largest-ever crane order in Vietnam for…
ICTSI expands its footprint in Indonesia with a long-term deal to run Batam’s main container terminal. A joint venture led by International Container Terminal Services Inc (ICTSI) has signed a 30-year agreement with PT Batam Terminal Petikemas (BTP) to operate and develop the Batu Ampar Container Terminal (BACT), the main box facility on Indonesia’s Batam…
The Canadian Union of Postal Workers said last month it will maintain its overtime ban and prepare for further negotiations if such a result were to occur.
A seemingly cemented plan for country-specific tariffs could lead to a more stable and predictable industry in the year ahead, according to the Institute for Supply Management.
Singapore-based container shipping company Ocean Network Express (ONE) released financial results for the first quarter of FY2025 (April-June 2025), posting a profit of US$86m, down by 89% from last year’s equivalent of US$779m. The company’s revenue reached US$4.04 billion, down 4% from last year’s US$4.21 billion. “The market in 1Q showed greater volatility when compared…
The company said the change, which will take effect at the start of 2026, is due to improvements in sellers’ packaging capabilities.
The facility is larger than a former one nearby and includes dedicated rooms for ice cream and bulk items.
Deal nearing completion as Dutch Competition Authority reviews acquisition. Swiss shipping giant MSC, through its logistics arm Medlog, is poised to acquire a stake in Rotterdam’s Barge Center Waalhaven, part of the Waalhaven Group. The move would give MSC joint control of the inland container terminal, pending approval from Dutch regulators. According to a notification…