Neptune Orient Lines (NOL), a global provider of logistics and transportation services, will relocate its Americas division headquarters to the Phoenix, Arizona, area. A company statement says the move from its current headquarters in California should take place during the second half of the year. "The greater Phoenix area will be a cost-effective base of operations for us, and we're going to a state that is well-known for its support and encouragement of business," says John Bowe, NOL's regional president for the Americas. The Americas regional headquarters coordinates NOL's shipping, terminals, and logistics activities across North, Central, and South Americas, managing everything from marine operations to intermodal transport of containers by rail and truck. The company did not announce projected new job creation or exact costs for the move, which they say should be completed by the third quarter.
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