The logistics provider and container terminal operator posted revenues of 868.9 million euros for the first nine months of 2015, a 4.2 percent decline from the corresponding period in 2014.
Commerce releases 50 state-by-state TPP reports
The U.S. Commerce Department issued a series of 50 fact reports that promote the positive impact passage of the Trans-Pacific Partnership free trade agreement will have on the country’s economy.
Executive Moves: C.H. Robinson and Crowley
C.H. Robinson has named new North American Surface Transportation division president, while Crowley has appointed VP for stakeholders relations in Alaska.
Kohl’s Q3 Surprises, Beating Forecasts despite Profit Fall
Menomonee Falls—Kohl’s may have reported today that its third quarter profit fell 15% as a small sales increase was offset by lower operating margins. But the revenue and profit figures beat expectations. For the quarter the department store posted net income of $120 million or 63 cents a share, lower than $142 million or 7 […]
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Preliminary Q3: American Apparel’s Sales Plunge Nearly 20%
Los Angeles—Retailer in bankruptcy American Apparel Inc. reported Tuesday a narrowed loss in preliminary results for the third quarter. American Apparel said that it couldn’t meet the deadline to file a quarterly report for the three months ended Sept. 30. Initial results reflect show that the specialty retailer has a long road ahead to return […]
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Pendleton Bows Pop Up Boutique Inside Wolverine NY Flagship
New York—It’s sort of like two old friends helping each other out during the holidays. Pendleton, the wool specialist, opened a pop up boutique inside the Wolverine Company Store. From now through early 2016, Pendleton has its own devoted shop-in-shop just in time for the cold snap and holiday season. Symbiotic Relationship In a match […]
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Same-day startup Deliv acquires fellow crowdsourced delivery provider
The crowdsourced last-mile delivery specialist Deliv has purchased New York City-based Zipments, its second such acquisition, according to a statement from the company.
North American freight volumes fall to lowest October level since 2011
Shipment volumes and expenditures both slowed from the previous month and the same 2014 period, according to the latest Cass Freight Index Report.
Panama port project draws strong interest from potential operators
Nearly a dozen global terminal operators formally expressed interest in bidding on the construction and long-term concession of the new Port of Corozal, according to a statement from the Panama Canal Authority.
Maersk Container Industry opens Chile reefer factory
MCI’s new factory is the first facility for making refrigerated containers outside of China.