Fashion Accessories Shippers Association – Connecting Cargo Globally
New York—Coach Inc. today reported a decline in its second quarter profit, but sales rose and it managed to best estimated. For the quarter ended Dec. 26, the handbag and leathergoods company posted a a profit of $170.1 million, or 61 cents a share, down from $183.5 million, or 66 cents a share, a year […]
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Charlotte–Fashion designers who have a deep connection to the South and want to showcase Modern. Southern. Style. can have their clothes and accessories sold at Belk and on belk.com in spring 2017 if they’re selected as winners in Belk’s fourth annual Southern Designer Showcase. Charlotte-based Belk is seeking Southern designers of women’s apparel, Women’s accessories, […]
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New York–Bloomingdale’s will ring in the Year of the Monkey this Lunar New Year with special merchandise, events and cultural presentations through March 1. “Bloomingdale’s looks forward to honoring Chinese culture and tradition as we celebrate the Year of the Monkey,” says Tony Spring, Bloomingdale’s chairman and CEO. “It is one of many highly anticipated […]
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New York–BaubleBar has scored another $20 million in new funding, the e-tailer confirmed on Monday. The Series C round was led by prior investors, Accel Partners, Greycroft Partners, Burch Creative Capital and Aspect Ventures, but also includes new investors who will bring expertise in international expansions and large-scale operations, the company says—namely Hubert Burda Media […]
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The recovery from Winter Storm Jonas, which has already claimed the lives of at least 48 people, is slow and transportation networks are operating at limited capacity.
Trucking and intermodal carrier Swift Transportation held onto profit gains in the fourth quarter and calendar year 2015 even though volumes were down slightly and fuel surcharges were virtually eliminated.
The Hong Kong-based third-party logistics provider told analysts on a conference call it plans to acquire a 51 percent stake in an unnamed U.S. freight forwarder within two months, according to a report from the Jefferies Group.
The container terminal operator handled 14.5 million TEUs at its terminals in 2015, a 2 percent decline from 2014.
The Northern European port system that comprises the Port of Le Havre, the Port of Rouen and the Port of Paris, handled 91.4 million tons of cargo in 2015, a 2.4 percent increase from 2014.
The Chinese container line has a history of using CargoSmart’s operational tools, but this new engagement will focus on customer-facing tools and network optimization.