The airline group added 26 new stations in Europe via its Vueling network, intended to open export business to companies in Europe’s smaller, provincial airports in addition to larger European hubs.
Norfolk Southern knocks back second CP takeover offer
NS had decried initial offer as inadequate and unlikely to pass regulatory scrutiny, and Canadian Pacific’s new offer includes a lower cash component and larger share in a proposed holding company that would own both Class I railways.
Once Again, UGG Among Top 10 Most Searched Holiday Terms
New York–For the 2015 holiday season, “UGGs” and “UGG” has secured two of the top 10 most searched terms following Black Friday. With “UGGs” securing the No. 2 spot and “UGG” securing the No. 9 spot, UGG continues to be one of the top 10 most sought-after items this holiday season, according to Experian. It’s […]
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Report: Manhattan is a “United Nations” of Retail
New York–A first-of-its-kind survey of more than 900 retailers in three of Manhattan’s leading shopping districts has found a virtual “United Nations” of merchants originating from 26 countries. Based on a detailed analysis of three key shopping districts, combined with in-depth research, the Cushman & Wakefield study found that nearly four out of 10 retailers […]
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U.S. exports decline slightly in October
The Commerce Department reported Friday that U.S. exports of goods and services fell in October to $184.1 billion from $186.8 billion in September.
CMA CGM ends MEDGULF, launches MGE
The French ocean carrier terminated its MEDGULF loop between the Mediterranean, Caribbean and the East Coast of North America, and commenced its Med Gulf Ecuador loop, which has a similar rotation and slightly larger vessels.
Hanjin Aqua runs aground in Sundra Strait
The containership ran aground off Sangiang Island in Indonesia’s Sundra Strait on Friday while en route from Adelaide, Australia to Jakarta, Indonesia.
DHL introduces Postbus Courier
The forwarder is currently testing Postbus Courier, a new service for urgent parcel deliveries, between Berlin and Hamburg, Germany.
Hansa Heavy Lift opens two new offices
The Hamburg, Germany-based carrier opened two new offices in Rio de Janeiro, Brazil and Dubai, United Arab Emirates.
FMC reviews 13 OTI license applications
The U.S. Federal Maritime Commission has received 13 ocean transportation intermediary license applications and changes for review.