Vermont Sen. Bernie Sanders stood with thousands at a pro-union rally near Nissan Motor Co.’s plant in Canton, Mississippi, congratulating workers for their courage “in standing up for justice.”
“It’s our job to tell corporate America that they cannot have it all,” Sanders told the crowd. “Start treating the working people of this country with […]
The Port of Hueneme realized its highest international trade year in its 77-year history and its second-highest year for domestic and international freight combined. The benchmark year included a 30% increase in auto exports. The total tonnage for FY 2013-2014 came in at a strong 1,438,596 metric tons representing a less than 1% decrease from […]
MOL’s news release expresses confidence in a projected increase in automobiles manufactured in Mexico.
Mitsui O.S.K. Lines, Ltd. has announced that it started new car carrier services that transport vehicles produced in Mexico to ports in NAFTA region.
Around 3 million vehicles were produced in Mexico in 2013, about 80% of which were exported. As […]
Mitsui O.S.K. Lines Ltd. (MOL) has agreed to pay $1,275,000 in penalties under a compromise agreement with the Federal Maritime Commission. The agreement between the FMC and MOL and its corporate affiliate Nissan Motor Car Carrier Co. (NMCC) resolves allegations that MOL and NMCC violated section 10(a) of the Shipping Act, 46 U.S.C. § 41102(b), […]
AJC reports that ‘Manufacturers have moved some production overseas to avoid the damage inflicted by the strong yen, a trend that has accelerated in recent years. Some economists say the trade balance will be in the black again within two years, but the era of very large surpluses that allowed Japan to build a […]
Japan’s auto production and exports suffered record drops of more than 60 percent each in April following the March 11 earthquake and tsunami disaster, an industry group said Tuesday.
The damage to the sector has extended beyond Japan’s borders, mainly due to supply chain disruptions — Toyota and Honda reported last Friday that they saw […]
Japanese automakers including Nissan, Honda, and Toyota have closed several manufacturing facilities following the March 11 tsunami.
Not only is Japan the top source of foreign direct investment in Los Angeles County, more than 1,000 Japanese companies have operations in the Southland, making the region home to the second-largest concentration of Japanese companies outside […]
Commerce between local ports and Japan is expected to falter in coming weeks as the earthquake-stricken nation recovers from an 9.0-temblor that largely wrecked a major seaport on its northeast coast.
Japanese companies operate three of the globe’s largest ocean carriers, MOL, NYK Line and “K” Line, all of whom make regular calls to Long […]