Home / Others / Postal Leadership Gap, Seaspan consolidation plans, Apple seeks sustainable suppliers

Postal Leadership Gap, Seaspan consolidation plans, Apple seeks sustainable suppliers

Register: With just one click, receive this newsletter in your inbox.

The seats are fairly easy to get these days at meetings of the Board of Governors of the Post Office. The directory of the US Postal Service. UU It has been empty since December 2016, leaving the Postmaster General

Megan Brennan

and his deputy to run the largest civilian employer in the country after

Walmart
Inc.


WMT -0.02%

Empty seats have left the USPS with a leadership shortage, writes the Heidi Vogt of the WSJ, since it is at a critical point, with the President

Donald Trump

pointing to the postal service for its dealings with a major customer, Amazon.com Inc. But other large shipping clients such as mail catalogs say that the vacuum at the top is "a big problem", with the agreements expiring and the approval of the Board necessary to renew discounts on their offers. Mr. Trump has three nominees before Congress, but there is no push in the White House or Congress to deliver them.

The new leadership in

Seaspan
Corp.


SSW 1.39%

is completing the management team, since the shipping giant prepares for possible consolidation. Seaspan named Ryan Cameron Courson as CFO, rejecting the tradition of the maritime world by appointing a 29-year-old who moved his company out of the maritime business to a key executive position. Seaspan is recovering from a recession in the shipping industry, and Courson tells Ezequiel Minaya of the WSJ that the company expects that the container ship renters "will consolidate and we believe that we will promote that consolidation." It is unusual for companies on the Seaspan scale to hire a young CFO, but Mr. Courson says that his focus on industrial companies in previous posts has prepared him for the position. This experience includes the analysis of investments in infrastructure and transportation, as well as the work with Seaspan's president, David Sokol, in another company accustomed to acquisitions.

Berkshire Hathaway
Inc.

The trepidation about trade begins to eclipse the joy of employment growth in the industrial sector. Manufacturing has added nearly 300,000 positions since the November 2016 elections in one of the strongest stretches in decades, but Andrew Tangel and Harriet Torry report that factory owners warn that their strong career could be undermined if the growing rhetoric flowing between EE. UU And China to higher taxes. Companies like Wisconsin generator manufacturer

Generac Holdings
Inc.

they say that tariffs could increase the costs of their parts and materials, endangering demand and employment. The companies say retaliatory tariffs targeting US agricultural producers could also impact supply chains, lowering commodity prices and undercutting demand for agricultural equipment. President Trump acknowledges the potential harm to the agricultural sector, the WSJ

Michael C. Bender

write, and want options from the US Department of Agriculture. UU to help farmers, promising that "we will take care of them".

STRATEGIES OF THE SUPPLY CHAIN ​​

Apple
Inc.

is transforming its sustainability efforts in its supply chain now that the company has reached a critical goal in its own operations. The electronics giant says its facilities around the world are now powered exclusively by renewable energy, report by WSP Tripp Mickle and Timothy Puko, including its associated retail stores, offices, data centers and data centers, as well as its new Headquartered in California. More than 100 companies worldwide, including Apple, IKEA, Anheuser-Busch InBev SA and

Starbucks
Corp.

, committed in 2014 to change to 100% of renewable energy. By the end of 2016, 25 had already fulfilled the promise, according to the collaboration, called RE100. Many of those companies are now trying to accelerate efforts to get suppliers on board. Apple has a famous supply chain, and the biggest challenge will be to make the manufacturers of the more than 200 million iPhones and 43 million iPads sell annually totally dependent on renewable energy.

QUOTABLE
IN OTHER NEWS [19659016] The US dollar has already fallen 2.3% against a basket of currencies this year. (WSJ)

The Conference Board Employment Trends Index increased in March, indicating higher employment growth in the coming months. (WSJ)

US negotiators The US, Canada and Mexico seek to agree on a renewal of the North American trade agreement in early May. (WSJ)

California officials are raising a legal challenge to the Trump administration's decision to reduce vehicle emission standards. (WSJ)

The Department of Justice will allow conditionally

Bayer
AG & # 39; s

Successful deal to buy

Monsanto
Co.

and create a unique power of agriculture. (WSJ)

Lucy Peng

resigned as chief executive of Ant Financial Services Group, the financial technology subsidiary of

Alibaba Group Holding
Ltd.

(WSJ)

European executives are increasingly turning to US companies. UU For its acquisition thanks to lower taxes and favorable exchange rates. (WSJ)

World spending on information technology is expected to grow 6.2% this year, the highest growth rate

Gartner
Inc.

has predicted since 2007. (WSJ)

The negotiators of the International Maritime Organization failed to reach an agreement in a week of meetings on a greenhouse gas reduction strategy. (Lloyd's List)

Two-thirds of ship owners surveyed say they would use more fuel with low sulfur content instead of "scrubbers" to meet the impending emission restrictions. (The Loadstar)

The South Korean company Hyundai Merchant Marine Ltd. confirmed that it will order 20 ultra large container ships. (Shipping Watch)

Australia is investigating the death of 2,400 sheep on board an export vessel after the publication of a video showing the appalling conditions on the ship. (Things)

Adidas
AG

plans to close around 170 stores worldwide this year to focus on online sales. (Financial Times)

Ceva Logistics plans an initial offer of public shares in Switzerland with the aim of raising an expected $ 1.6 billion. (Air Cargo News)

Best Buy
Co.

Inc. plans to open a store outside of Salt Lake City that will mark the opening of its first store since 2011. (Minneapolis Star-Tribune)

New York City planners are trying to improve freight train delivery to a city that now has much less rail service than other US cities. UU (Crain & # 39; s)

ABOUT US

Paul Page is the deputy editor of the WSJ Logistics Report. Follow him on @PaulPage and follow the entire WSJ Logistics Report team: @brianjbaskin @jensmithWSJ and @EEPhillips_WSJ . Follow the WSJ Logistics Report on Twitter at @WSJLogistics .

Write to Paul Page at paul.page@wsj.com

.


Source link