Transportacion Maritima Mexicana reported that it has halved the number of staffers at its Mexico City headquarters as part of a reorganization of the company.
TMM recently transferred its liner shipping operations to the new Americana Ships joint venture with CP Ships. Many of TMM’s top liner executives are transferring to Tampa, where Americana will be based.
TMM said that it has reorganized its operations to reduce costs and create a more efficient management structure. The reorganization will produce pre-tax savings of about $15 million a year, but TMM will take a one-time restructuring charge of $1.5 million in its first-quarter 1999 results.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now