Jamaica will use SOGET’s port community system to provide a single platform for submission of key logistics and compliance data as the country looks to grow its container volumes after the completion of the Panama Canal expansion.
Oakland modifying four cranes to handle larger containerships
The Northern California port expects to begin work in April on a project to raise cranes so they can accommodate vessels with capacity for up to 14,000 TEUs.
More Than 121 Million Holiday Shoppers Plan to Shop Online on Cyber Monday
Washington–Incredible online savings starting in early November have changed the way that consumers are shopping on Cyber Monday. Online holiday shoppers this year are hoping to see deals on everything from cashmere sweaters to home décor before they decide to shop on Cyber Monday, the NRF found in its most recent consumer survey. “Unlike 10 […]
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Geneva Watch Group Acquired By Time Watch Investments Ltd.
New York—Sunshine Time Inc., a subsidiary of Time Watch Investments Limited (TWI ) has completed the acquisition of substantially all of the assets of Geneva Watch Group, marketers of Kenneth Cole, Ted Baker London, Sperry Topsider, Tommy Bahama, Sean John and Freestyle and Game Time fashion watch brands. In conjunction with the acquisition, the company […]
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Broadway Star to Bow First Jewelry Collection on HSN
Saint Petersburg, FL—One of Broadway’s best belters is ready to shout out about her new jewelry collection with HSN. Tony- and Emmy-award winning actress and singer Kristin Chenoweth premieres her first jewelry line on Dec. 4 on HSN with a live appearance. The limited edition collection, which is inspired by Chenoweth’s career and likes, is […]
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Fitch: E-Commerce to Grab Bigger Piece of Retail Pie in 2016
New York–Increasing online sales, shifting consumer spending habits, and limited replenishment purchases in apparel will eat into in-store bricks-and-mortar sales growth, according to Fitch Ratings’ 2016 U.S. retail outlook. Fitch expects in-store sales will grow just 1.5% to 2% next year, below the 3% to 4% expected for the U.S. retail industry overall. “The growth […]
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Holiday shopping season kicks off with strong e-commerce orders
Consumers continue to migrate to mobile devices to make purchases, with mobile devices accounting for 36 percent of Black Friday sales, according to Custora, a company that provides predictive analytics for e-commerce.
ZIM reports $11m Q3 profit
Net income at the Israeli ocean carrier improved vastly compared to loss of $63 million in the third quarter of 2014 despite a 12 percent year-over-year reduction in total revenues.
Spot container rates soar 98.7% to the Mediterranean
Rates from Shanghai to Northwest Europe and the Mediterranean skyrocketed, while rates to the United States inched up slightly from last week.
Rotterdam dockworkers authorize strikes against container terminals
FNV Ports union, concerned about jobs being eliminated when two new automated container terminals open at the Port of Rotterdam, is planning 24-hour strikes in December and January, according to reports from Reuters.