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Orient Trading Company Article
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Neptune Orient Lines to axe 1,000 jobs amid global slowdown - Update - RTT News
(RTTNews) - Singapore-based container shipping company Neptune Orient Lines Ltd., or NOL (NPTOF.PK: News ,NPTOY.PK: News ), announced several cost cutting measures as it braces for an expected severe and prolonged downturn in container shipping due ...
Read more...NOL to slash 1,000 jobs to combat industry downturn - Channel NewsAsia
SINGAPORE: Global cargo transport and logistics company Neptune Orient Lines (NOL) will cut about 1,000 people from its workforce as part of cost cutting measures to tide over expected severe downturn in the shipping sector. The company said ...
Read more...NOL warns of unprecedented industry crisis - Financial Times
Singapore’s Neptune Orient Lines , the world’s number seven container shipping line, on Wednesday became the latest company to warn about the severity of the crisis facing the sector, saying the “severe and prolonged downturn” could last ...
Read more...UPDATE 1-Singapore's NOL to cut jobs, profit outlook grim - Forbes
SINGAPORE, Nov 19 (Reuters) - Singapore's Neptune Orient Lines will axe 1,000 jobs as part of moves to save $200 million in costs next year to help ride out an expected severe downturn in the shipping sector, the company said on Thursday. NOL, the ...
Read more...Oakland's meltdown shocker: APL leaves, big layoffs - San Francisco Gate
At least 350 employees of Oakland-based American President Lines will reportedly lose their jobs as a result of a swingeing cutback in operations by its parent company, Neptune Orient Lines (NOL), based in Singapore. APL's American headquarters in ...
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