Fashion Accessories Shippers Association – Connecting Cargo Globally
Beaverton, OR—One analyst called it reaching “the stratosphere”. And so it seems. Nike reported late Tuesday that its second quarter profit surpassed expectations for the fourteenth straight quarter. Nike’s second-quarter earnings per share of 90 cents surged nearly 22% year over year, beating analysts’ consensus for 85 cents. The bottom-line growth was mainly aided by […]
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Austin, TX—There are procrastinators aplenty this holiday season. And others ready to pounce on those post Christmas sales. In its latest edition of its Shoppers Trend Report, RetailMeNot reports 67% of consumers intend to shop the end-of-the-year sales and plan to spend an average of $270 during this time. The biggest motivators for consumers to […]
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Chicago–Tyco International plc Tuesday said it had reached a definitive agreement to acquire ShopperTrak, a global provider of retail consumer behavior insights and location-based analytics, for approximately $175 million in cash. ShopperTrak measures 1,200 retailers in 97 countries. Tyco said the the addition of ShopperTrak and the recent acquisition of U.K based retail traffic analytics […]
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A proposal for the development of an inland port in the eastern Pennsylvania town of Bethlehem is being floated by the Port of New York and New Jersey in an effort to relieve pressure on the busiest port on the U.S. East Coast.
The Shanghai Stock Exchange has given the two companies three days to respond to detailed questionnaires about their potential deal, which would create the fourth largest ocean carrier worldwide.
The Canadian government this week said it will not apply WTO-authorized retaliatory tariffs in response to the U.S. Congress’s repeal of country origin labeling requirements.
The Federal Aviation Administration had been investigating the aircraft manufacturer for not properly managing its quality controls for manufacturing.
Saverco has acquired all the outstanding shares of ship and aircraft lessor CMB and delisted it from Euronext Brussels on Dec. 22.
The Sri Lankan port established a record by reaching a container throughput of 5 million TEUs since the beginning of 2015.
Class I U.S. railway Norfolk Southern will consolidate the operations of two of its coal docks, both of which are located in northern Ohio on Lake Erie.