Kansas City Southern full-year net income in 2015 was down nearly 4 percent on revenues that fell 6 percent compared to the previous year, according to the company’s most recent financial statements.
Boeing cuts 747-8 production on weak airfreight demand
The commercial aircraft manufacturer will recognize an after-tax charge $569 million ($0.84 per share) in its fourth quarter 2015 financial results, but said the charge will not affect top line revenues.
BWR: MSC strengthens connections from Asia to the Red Sea
Ocean carrier Mediterranean Shipping Company will launch a new loop between Asia and the Red Sea Feb. 12.
Executive Moves: Allport Cargo Services USA, Suttons Group, Röhlig, and Avianca
3PL veteran starts Allport Cargo Services USA and Suttons Group names new chairman, while Röhlig names Germany ocean cargo manager and Avianca picks interim CEO.
China Shipping projects $426m operating loss for 2015
Decelerating demand growth, and continuing expansion of new shipping capacity led to new lows for freight rates on mainstream shipping routes, according to a profit warning from ocean carrier CSCL.
Tell Us About Your Showroom Quirks!
Ok, maybe you don’t work out in your showroom with a personal trainer like Carol Dauplaise, but these weekly power sessions are one of the ways this jewelry company bonds and “shapes ups” for business! What’s yours? Send us some photos and a few sentences about what makes your showroom unique and quirky and you […]
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Brand Ambassadors Face Off for TAG Heuer Connected Watch
La Chaux-de-Fonds, Switzerland—Another nail—actually 10 of them—are going into that coffin that believes smartwatches are too geeky. In celebration of its recently launched TAG Heuer Connected, the Swiss timepiece brand unveiled this week a collection of dials co-designed by 10 of its top ambassadors. They are:Cristiano Ronaldo (Soccer), David Guetta and the Nervo Sisters (Music), […]
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Things Go Better with Herschel and Coke
Vancouver—Talk about your product placement. Coca Cola, one of the best known brands in the world, is making sure its iconic logo and brand are being sipped up by a new generation, i.e. Millennials. In its latest collaboration, the soft drink giant has a special partnership with Herschel Supply this spring. Herschel’s bestselling backpacks and […]
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Painting with a Twist Raises Nearly $95,000 for Vera Bradley Foundation for Breast Cancer
Mandeville, LA–Painting with a Twist, a largest “paint-and-sip” franchise, raised $94,935 throughout the month of July to benefit the Vera Bradley Foundation for Breast Cancer through the company’s charitable arm, Painting with a Purpose. This is the largest donation the Vera Bradley Foundation for Breast Cancer has ever received from a third party fundraising event. […]
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TraPac may lease portion of Oakland’s Outer Harbor Terminals
The Port of Oakland has indicated officials are negotiating with TraPac, but said its other terminals will handle former OHT cargo and expects no diversion as a result of decision by TIL and Ports America to end operations at the port.