Many agricultural shippers are storing grain or using rail to get commodities to export markets as a result of the continued closure of an entire section of the important freight corridor.
Governmental Notices December 26 – 31, 2015
Attached is our update of governmental notices that may be of interest to the membership and trade; among the items in this issue are links to: CPSC’s Request for comments on the Safety Standard for Infant Swings; CBP’s Update and ABI messages, and a reminder regarding Blanket authorization for Immediate Delivery…
Prediction: E-Commerce to Exceed 10% of Retail Sales in 2016 (or Not?)
New York and San Mateo, CA–Year-end is when prognosticators reflect and predict directions for the future. While there’s no doubt the online selling continues to growth, there is some disagree on just how much. In a report from Reflektion, a digital advertising specialist, online sales (helped by a healthy boost from mobile) could exceed […]
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Millennials List Their Top 100 Brands of 2015
St. Louis–As everyone is trying to decipher just what the Millennials will do, buy and say next comes the latest listing of the top 100 Millennials brands. Conducted by ad agency Moosylvania which asked more than 3,500 millennials to select their favorite brands over the past three years. Ranked by Great Questions LLC, the winning […]
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USCG closes portion of Mississippi River due to flooding
The U.S. Coast Guard closed a five-mile stretch of the Mississippi River near St. Louis due to high water levels and fast currents caused by the winter storm Goliath.
South Korea to create $1.2b shipping investment fund
The government of South Korea also plans to require downsizing and restructuring of its shipyard industry, according to multiple media reports.
Deliberate delays help UPS deliver on time for the holidays
By telling customers up front that package delivery on its two- and three-day shipping services would take an extra day to deliver during the week of Christmas, UPS may have saved itself a huge headache this holiday season.
Goldman Sachs rates FedEx stock a ‘buy’ despite recent troubles
The investment firm set a target price of $182 per share for FedEx Corp., a premium of nearly 22 percent on the stock’s closing price yesterday.
JNPT breaks ground on inland Indian port
The Jawaharlal Nehru Port Trust, which manages the Port of Jawaharlal Nehru in western India, broke ground on the development of an inland port in Jalna, India.
Southeast Asian countries press for economic integration
ASEAN member countries will officially launch a long-term plan this week to achieve regional economic integration within the next 10 years.