Me Eric Simard appointed to the Board of Directors of Montreal Port Authority

Michel M. Lessard, Chairman of the Board of Directors of Montreal Port Authority (MPA), has announced the appointment of Me Eric Simard as a Director of Montreal Port Authority. Me Simard was appointed to this office by the City of Montreal for a three-year term ending March 23, 2018.

Me Simard is a partner with the law firm Fasken Martineau and co-president of the Commercial Litigation section. He also leads the Construction Practice Group. He practices law as a civil and commercial litigant. He is a regular guest lecturer in his field and has also published numerous articles. The prestigious Chambers Global directory recognizes him as one of the leaders in his field of expertise in Canada. Me Simard is a member of the Quebec Bar, the Canadian Bar Association and the Board of Trade of Metropolitan Montreal.

MOL Liner Ltd. and MOL Asia Ltd. announce senior management personnel changes

MOL Liner Ltd. and MOL Asia Ltd. announced the following changes in their senior management:

Richard Hiller, currently the Executive Vice-President of Transpacific trade management at MOL Liner, becomes Chief of Commercial at MOL Liner. At the same time, Rich assumed the role of Deputy Managing Director at MOL Asia, as well as General Manager of Sales and Customer Service to assist Managing Director, Mitsujiro Akasaka of MOL Asia. He will report to Yutaka Hinooka, Chief Operation Officer of MOL Liner and Mitsujiro Akasaka.

Sundeep Sibal, currently Regional Managing Director, Association of Southeast Asian Nations (ASEAN) South region, becomes Senior Vice-President at MOL Liner, Transpacific trade, and will report to Chief Operation Officer Yutaka Hinooka.

Colin De Souza, currently Senior Vice-President of MOL Europe, Transatlantic and Europe-Africa trade, assumes the role of Regional Managing Director, ASEAN South region. Colin will report to managing director, Mitsujiro Akasaka of MOL Asia.

Johan Van de Peer, currently Assistant Vice-President of MOL Europe, Asia Europe trade, has been promoted to Vice-President at MOL Europe and assumes responsibility for the Transatlantic and Europe-Africa trade.

James Galligan, currently Director at MOL Asia Ltd. has been appointed to the position of Vice-President of MOL Liner and assumes responsibility for Transpacific pricing.

James Boyer has been appointed to the position of Vice-President, refrigerated cargo services, reporting to Sundeep Sibal, Senior Vice-President of MOL Liner, Transpacific trade. James will oversee the refrigerated cargo services for Transpacific, Transatlantic and Latin trades.

Tom Smart has been appointed to the position of Vice-President, Transpacific Export trade management, reporting to Sundeep Sibal, Senior Vice-President of MOL Liner, Transpacific trade.

Toshiya Konishi, Chief Executive Officer, MOL Liner, said, “I am optimistic that these changes will strengthen MOL Liner and MOL Asia into solid organizations, strengthening our commercial portfolio, as well as partnerships, to achieve business process innovations that all customers and employees can further count on‟ .

MOL (Canada) Inc. appoints Mr. Allison Watson as Sales and Customer Service Manager

MOL (Canada) Inc. is pleased to welcome Allison Watson as its new Sales and Customer Service manager, domiciled in Halifax, Nova Scotia. He will report to Tim Harrington, Vice-President, Canada and will focus on Eastern Canada and sales activities for Atlantic Canada supported by colleagues in Mississauga and in Lombard, Illinois, U.S.

Watson joins MOL after 27 years at NYK Line (Canada) where he served as a district manager of sales (6 years) and a district manager responsible for the Halifax branch office (21 years). Watson also spent five years at March Shipping Ltd. as an export coordinator and office manager.

FedEx and TNT Express agree to merge

FedEx Corporation and TNT Express N.V. announced their intention to merge through an all-cash offer for all issued of TNT Express for a cash offer price of €8.00 per share in a transaction valuing TNT Express at an implied equity value of approximately €4.4 billion ($4.8 billion). The Offer Price represents a premium of 33 per cent over the closing price of 2 April 2015 and a premium of 42 per cent over the average volume weighted price per TNT Express Share of €5.63 ($6.14) over the last three calendar months.

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Oceanex Inc. named as one of Canada’s Best Managed Companies Gold Standard Member

Oceanex Inc. was named one of Canada’s Best Managed Companies Gold Standard Member in 2014 for excellence in business performance. This prestigious national award is sponsored by Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO Forums, and recognizes Canadian owned and managed companies with revenues over $10 million for sustained growth, financial performance, management practices and the efforts of the entire organization.

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Fringe benefits to air freight throttle back as U.S. west coast port congestion eases

By Alex Lennane

The impact on air freight from the west coast port congestion is beginning to ease off, although forwarders are reporting that capacity remains tight between Asia Pacific and the U.S.

The ports of Los Angeles and Long Beach broke container volume records in March – the latter saw volumes rise 32 per cent, while Los Angeles enjoyed a 17.3 per cent rise as they work through the backlog of cargo. But a senior European air freight forwarder told The Loadstar that air cargo was still benefitting from the continued west coast congestion. “There is still a four to six-week backlog and we are still seeing an effect on the supply chain from Asia Pacific,” he said. “We are still finding some capacity constraints on flights to New York, Chicago, Dallas and also Miami, to a certain extent. Some of our Asian offices are using Europe as a transit hub for flights into the U.S.”

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