BIFA appoints Unsworth's Charles Hogg as chair
Charles Hogg has become national chair of UK forwarding association BIFA, a role he’ll hold ...
Eimskip has made a rash of changes as part of a management shake-up, headed by the appointment of Vilhelm Mar Thorsteinsson as its new chief executive.
Mr Thorsteinsson joins the Icelandic carrier from bank Islandsbanki, with Gylfi Sigsusson moving from CEO to take the reins of Eimskip’s activities in Canada and the US.
Chief financial officer Hilmar Petur Valgarosson (pictured) has been appointed chief operations officer at the helm of a new operations division, created by merging vessel operations and sailing systems.
The new chief financial officer will be senior manager of finances Egill Orn Petersen.
Meanwhile, the business process and management division will be merged with IT as a single department to be led by Hilmar Karlsson.
Under these changes, the company’s sailing system will be streamlined, with weekly sailings in Iceland becoming bi-weekly, and the number of vessels active in Norway reducing by one.
It will also increase services to fresh fish customers in the Faroe Islands, with a weekly schedule of a reefer and container vessel between the islands and the UK and add a bi-weekly schedule between Faroe and the Netherlands.
However, the company warned that the changes would mean the loss of 10 other employees, “either through layoffs or meaningful change of responsibilities”, it said.
“Most of these full-time employees are in the middle management layer of the company.”
Peak season hopes dashed as freight rates slip again
CMA CGM liner trades pummelled in Q1 – and there's worse to come
Pessimistic Yang Ming to refocus on 3PL, terminals and yards
Mexican rail seizures give near-shoring interests pause for thought
Digital forwarder Freightwalla's failure reveals home truths
A joint DHL + Mærsk effort – what investors want
Will US seize C17 commercial opportunity as Antonov grasps monopoly?
Retailers outsource ecommerce fulfilment in structural shift
Major box lines still fighting over diminishing supply of smaller ships
UPS names John Bolla new president of global healthcare
Evergreen and Wan Hai face up to bearish market as profits tumble
Bitter airline battle over carrying US mail heats up in the Pacific
Comment on this article