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The Elly Maersk A.P. Moeller-Maersk A/S will cut another US$500 million in costs this year after the owner of the world’s biggest container line posted its first loss since at least World War II. “We’re not cutting just to survive but to become more competitive,” the CEO said in today’s company newsletter. “I [...]  Logs were historically important in Astoria, as seen in this 1974 photo. The new owner of the Warrenton sawmill says a log export operation at the Port of Astoria would put the mill at risk by cutting into local timber supply.The CEO of Hampton Lumber Mills, Inc., sent a letter to Port Commission President [...] |
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