The Port of Charleston exported the 2 millionth BMW automobile manufactured in South Carolina during the month, highlighting increases in vehicle and breakbulk volumes at the port.
APMT prepares for Lázaro Cárdenas expansion
Global terminal operator APM Terminals said it’s moving forward with development of its new semi-automated Lázaro Cárdenas Terminal 2 (TEC2) project on the West Coast of Mexico, representing an overall investment of $900 million.
Lufthansa Cargo’s EBIT plunges 97.6% in 2015
The German cargo airline’s earnings before interest in tax totaled 3 million euros (U.S. $3.4 million) for the year, a 97.6 percent decline from 2014.
DB Schenker, GLS to handle parcel shipments in Germany
DB Schenker and GLS Group announced an agreement Friday to jointly provide parcel delivery services throughout Germany.
California port drayage provider blames worker misclassification suits for Chapter 11 filing
Premium Transportation Services, which does business as Total Transportation Service Inc., cited industry, political and legal headwinds as reasons it filed for federal bankruptcy protection in Delaware on Monday.
CFDA Announces 2016 Award Nominees
Last night, during its invitation-only event at the New Museum in Manhattan, Council of Fashion Designers of America president Diane von Furstenberg announced nominees for the association’s 2016 awards. Nominees for Accessory Designer of the Year Award were Joseph Altuzarra for Altuzarra (2014 winner for Womenswear Designer of the Year); jewelry designer Irene Neuwirth; Rachel Mansur and Floriana Gavriel for […]
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The Wearin’ of the Green
The favorite way for Americans to celebrate St. Patrick’s Day? Wearing something green. According to an annual survey that the National Retail Federation has been conducting since 2007, 82.1 percent of the consumers celebrating St. Patrick’s Day planned to wear green today. The NRF also discovered that this year about 125 million Americans planned to […]
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Pantone Goes Greener
The human eye sees more green than any other color. Even when it’s not St. Patrick’s Day. That factoid comes to us courtesy of the latest Color Intelligence from Pantone, which has promoted a shade called Lush Meadow (shown above) for Fall 2016 and is adding yet more greens to its shade selection for fashion […]
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Bon-Ton Profits Down in Q4
Blame it on global warming. Earlier this week, Bon-Ton Stores, Inc. announced a decrease in fourth-quarter sales, contributing to a lower income for the normally robust holiday period. Net income for the 13 weeks ending on January 30 was $50.6 million, representing $2.42 per share. That was a dramatic difference from the same period last […]
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FedEx delivers ‘strong’ Q3 results, not fazed by Amazon plans
The Memphis, Tenn.-based integrator reported a net income of $507 million on revenues of $12.7 billion for the third quarter of fiscal year 2016, which ended Feb. 29.