CEVA Brazil has a new general director; TPT appoints a new COO; Maersk announces a new CFO; ICTSI China names new officers; and FedEx Freight's president will retire in February
CEVA Logistics has appointed Caio Najm as general director in Brazil, replacing Giuseppe De Vincenzo, who leaves CEVA Brazil after six years to pursue a new role with CEVA outside Brazil
Najm has more than 25 years of experience, having worked in companies such as Ernst & Young Consulting, Accenture (Andersen Consulting), Cia Transportadora, Coml Translor and Ryder do Brazil, where he held the position of general director
Transnet Port Terminals (TPT) has appointed Nosipho Damasane as chief operating officer, effective October 1st Damasane replaces Solly Letsoalo who is leaving the company after five years
Damasane joined Transnet in 1998, and had been port manager in East London and general manager of operations at Eastern Cape terminals
Executive commercial manager Don Maclean will be appointed in an acting capacity to replace Damasane as general manager of sales, logistics & commercial
Maclean joined TPT from the Coega Development Corporation IDZ He has eleven years of experience in industrial development and project finance
Maersk has announced that Trond Westlie will become chief financial officer of AP Møller-Mærsk on January 1st, and will also become a member of the Group's executive board
Westlie joins Maersk from Telenor in Norway, where he is executive vice president and CFO Prior to Telenor in 2004, he was executive vice president & group CFO of Aker Kværner
Effective January 1st, AP Moller-Maersk's executive board will comprise Nils Andersen, Claus Hemmingsen, Eivind Kolding, Søren Skou, Jakob Thomasen and Trond Westlie
ICTSI subsidiary, Yantai Rising Dragon International Container Terminals (YRDICTL) has appointed Shiti Pang as deputy general manager and Jianjun Li as technical & security director
Pang was previously operations director of YRDICTL He has eleven years of experience in operations, and was with DP World Yantai Co prior to YRDICTL
Li has seventeen years of experience in mechanical engineering, and was chief engineer of Yantai Seaport Machinery factory (2003 - 2009) prior to YRDICTL
According to the company's SEC filing, FedEx Freight's president, Doug Duncan, will retire at end-February Duncan has held the position since 2001
Duncan was the founding chief executive officer of FedEx Freight, and also serves on FedEx Corp's strategic management committee
Duncan served for two years as president & chief executive officer of Viking Freight, which was combined with American Freightways in 2001 to form FedEx Freight
With thirty years of transportation experience, Duncan has held management positions in operations, sales and marketing with Caliber System and Roadway Express He serves on the executive committee of the American Trucking Associations and as chairman of the American Transportation Research Institute
FedEx has not yet named Duncan's successor
DB Schenker Logistics has announced the appointment of Helgi Ingolfsson as its new UK Managing Director with immediate effect.
The losses announced by Hanjin Shipping last week demonstrate the possibility that a period of severe loss for the container operators has begun.
Ryder's latest earnings depict strong growth for the company during 2011.