Wallenius Wilhelmsen Logistics (WWL), a global provider of roll-on/roll-off shipping and vehicle logistics services, has entered into an agreement with its partner company Groupe CAT to acquire the latter's 50-percent share in CAT-WWL, a joint venture of 10 vehicle-processing facilities based in South Africa.
In today's business world, technology has opened the door to reaching and attaining a whole new customer base. The development of e-commerce has presented distributors with the opportunity to target not only businesses but also the individual consumer, converging the B2B and B2C markets.
Demand for long-lasting manufactured products made in the U.S. fell 5.1 percent in December from a month earlier, and declined 3.5 percent for all of 2015, the Commerce Department said. The annual decline in durable-goods orders is the largest outside a recession on records back to 1992.