The Japanese ocean carrier saw revenues fall 17.1 percent year-over-year in the first quarter of 2016 to $1.1 billion.
Hanjin seeks debt revamp as cash dwindles on slump
The South Korean ocean carrier said it will work with lenders to restructure debt after years of weak demand resulted in losses and cash erosion.
Tulsa Port of Catoosa posts March cargo volumes
The inland river port’s inbound waterborne cargo throughout in March primarily consisted of fertilizer.
Union Pacific’s earnings exceed estimates amid cost cutting
The Omaha, Neb.-based railway saw earnings drop to $1.16 per share for the first quarter of 2016, compared to $1.30 per share for the first quarter of 2015.
OCEAN Alliance Market Share Analysis Report
The proposed alliance would become a dominant player in the three major east-west trades, beating out total capacity currently offered by the 2M Alliance on those trade lanes, according to an analysis from BlueWater Reporting.
VGM compliance to start earlier for transshipped cargo
Shippers should think about supplying container weight data to ocean carriers ahead of the July 1 start date if they ship cargo that transfers to a second vessel in another port.
Item of the Day: RIP Prince
We’re all crying purple tears today as the news spread over the sudden and tragic death of musician Prince at the tender age of 57. A quick web search for jewelry to honor the fallen rocker turned up two items that caught our eye. First, Black Heart Creatives‘ interpretation of the iconic ‘Prince’ during his […]
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How to Combat Amazon (Yes, for Real!)
While it’s common to call Amazon the 800-pound gorilla of the e-commerce world, if anything that underemphasizes its scale, reach, and power. But while analysts agree that Amazon is a mighty Goliath, it is also a beatable one. First, the stats. According to Slice Intelligence, Amazon accounted for 40% of all e-commerce sales last holiday, […]
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In the Market: What’s In Store for Henri Bendel for Fall ’16
Henri Bendel held its editor preview today to show off what’s coming for Fall 2016. In recent years, Bendel’s had shifted from a multi-branded formula to an all Henri Bendel accessories model. And while we were sad to see our favorite designer accessories brands leave the Fifth Avenue Flagship, we have to say, the HB […]
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Reed Krakoff’s REED for Kohl’s Hits Stores Today
Announced last November, the much anticipated REED apparel and handbag collection by acclaimed designer Reed Krakoff is making news again as it rolls into Kohl’s stores and kohls.com today with a 100 piece collection. To create buzz, Kohl’s surprised 100 women commuting through New York City’s Grand Central Terminal with a “personalized style experience” that […]
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