ATLANTA, Jan. 21, 2019 (Local News) -Atlanta business and civic leader Duriya Farooqui has been tapped to be president of Georgia-Pacific’s Point A Center for Supply Chain Innovation, which was launched last year.
Most recently, Farooqui has served as the director of the Atlanta Committee for Progress, a city of Atlanta led blue-ribbon group of top business and civic leaders. Her leadership at ACP was instrumental in launching a Center for Workforce Innovation, a partnership between five corporations and Atlanta Technical College.Read more
The total purchase price of about $300 million consists of $260 million in cash, before customary closing adjustments, and the assumption of approximately $40 million of balance sheet liabilities, largely net pension benefit obligations.Read more
This decision is due to a continuing decline in lumber prices, in addition to high log costs and log supply constraints. The curtailment extension and reduction in operating hours is expected to reduce Canfor’s production output by an additional 55 million board feet in Q1. The sawmills were scheduled to resume production on January 7, 2019.
Canfor has 13 sawmills in Canada, with a total annual capacity of approximately 3.8 billion board feet.
“The House of Commons has made a historic decision which we need to respect. Kuehne + Nagel is committed to global free trade in principle which ensures prosperity for everyone. So from our perspective, “No Brexit” would be the preferred solution, since any form of Brexit is bound to increase trade barriers.Read more
"Aside from feeder ship replenishment, there has been no reaction from other lines to HMM’s mega-ship order and as such we have greatly reduced our projected new orders for 2020 onwards,” said Simon Heaney, senior manager, container research at Drewry and editor of the Container Forecaster. “This subsequently feeds into a much brighter supply-demand index forecast for carriers through 2022, although the index is still expected to remain below the important 100 marker, indicative of a tighter but still over-supplied market.Read more
According to the province, the integrated transport system allows for the removal of 7,000 trucks from local roads and motorways, thus reducing CO2 emissions.
In particular, the scheme benefits pulp transports from ports in the south of Italy to Lecta’s Cartiere del Garda mill and Fedrigoni’s Riva del Garda mill.
The Euro 400,000/yr ($452,396/yr) aid scheme was launched in 2014 and was cleared by the European Commission in April 2016 for the period from July 1, 2016 to December 31, 2018.
Oji Fibre Solutions is New Zealand’s major manufacturer of market kraft pulps, container board and packaging products. The company has committed to consolidating the majority of its import and export cargo volumes through Port of Tauranga for the next decade. The agreement reflects the long and productive relationship between the two companies, dating back to the 1950s.Read more