International Union of Marine Insurers says there has been an increase in damage to engines from “cat fines,” with incidents costing anywhere from $300,000 to $1 million, adding that “the trend has now turned encouragingly downward.”
PortMiami box volumes jump 20% in January
Fiscal year-to-date, container volumes have grown 8 percent at PortMiami, driven in part by an increase in medical instruments and devices imported from Costa Rica.
Lord &Taylor Takes Hit on Native Advertising
Is the trend toward “native advertising” over? Not by a long shot. But it suffered a setback yesterday when the 50-store Lord & Taylor chain agreed to settle Federal Trade Commission charges that it deceived consumers during the March 2015 launch of its Design Lab Collection. According to FTC charges, L&T promoted its Design Lab […]
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Retailers: Win a Trip to Washington, D.C. for NRF Summit
If you’re a small business retailer who wants to make your voice heard in Washington, then the National Retail Federation wants to help you get there. For free. The NRF’s America’s Retail Champions program is sponsoring 50 free trips to Washington, D.C. so that Main Street business owners can meet with policymakers during the upcoming […]
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Going Behind the Scenes with LVMH
This morning, LVMH’s Instagram feed featured its reminder that the Paris-based luxury conglomerate will be reprising Les Journées Particulières, a weekend of behind-the-scenes access to 50 of its ateliers, salons, and research facilities. Registration for the third edition, to be held May 20-22, begins Monday, March 21 and is expected to fill quickly. LVMH held […]
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Stein Mart Names New CEO
Jay Stein, longtime CEO of Stein Mart and grandson of its founder, is stepping down in favor of retail veteran Dawn Robertson. Stein, who requested a reduced role in the 283-store Jacksonville, Florida-based apparel and accessories retailer, will remain as chairman of its board while Robertson assumes her CEO duties and takes a seat on […]
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Transportation industry leaders vow to fight wildlife trafficking
Leaders of the global transportation industry signed a declaration yesterday at the Buckingham Palace to fight criminal wildlife trafficking.
UPS ups CEO compensation again in 2015
UPS Inc. Chief Executive Officer David Abney’s salary grew another 35 percent for the year after a nearly 105 percent increase in 2014, according to a report from the Wall Street Journal.
Freight railroads challenge proposed two-person crew rule
The Federal Railroad Administration’s proposed regulations would require two engineers on all trains except for “operations that FRA believes do not pose significant safety risks to railroad employees, the general public, and the environment.”
Ethiopian Airlines Cargo returns to Brussels Airport
Ethiopian Airlines Cargo is scheduled to resume operations at Brussels Airport March 26, offering direct flights to Dubai, Shanghai, Hong Kong and Guangzhou.