A Temando survey conducted by Research Now revealed that 76 percent of all retailers are not well prepared to handle shipping delays and uncertainty during the holiday season.
FWI: U.S. cargo theft value up despite decrease in volume
Cargo thefts in the United States were up 7 percent in value despite falling 18 percent by volume in the third quarter of 2015 compared with the second quarter, according to the FreightWatch International Q3 2015 U.S. Cargo Theft Report.
Heathrow export values increase despite falling throughput
Cargo throughput at Heathrow has remained relatively unchanged, but the value of UK exports via Heathrow has increased 9.7 percent over a 12-month period.
K + N gains two new customers at Dubai aerospace hub
The Swiss-based third-party logistics provider’s aerospace hub in Dubai Logistics City secured new contracts with Gulfstream Aerospace Corporation and Avtrade.
Mallory Alexander granted greater operating authority in China
The third-party logistics provider’s new license allows the company to operate as a full fledged forwarder after operating in China for several years on a limited basis as an NVOCC.
DHL Group net profits plummet nearly 90% in Q3
Deutsche Post DHL Group reported consolidated net profits of 49 million euros for the third quarter of 2015, an 89.5 percent year-over-year decline, which primarily resulted from a decline in earnings before interest and tax.
Macy’s Disappointing Q3 Sales, Forecast Sends Shivers to Retailers’ Shares
New York—Macy’s Inc. today lowered its full year forecast after reporting third quarter sales and comp stores sales below analysts’ estimates. As one of the first department stores to report its earnings, Macy’s saw its shares dive nearly 16% today to a new 52-week low. Similarly, other department stores also saw their stocks fall For […]
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Book: If These Jewels Could Talk: The Legends Behind Celebrity Gems
New York—If these jewelry could talk, boy the stories they’d tell. Author Beth Bernstein provides such an inside look at the stories behind some of the world’s most famous jewelry in her newly released book, If These Jewels Could Talk: The Legends Behind Celebrity Gems (ACC Art Books, 2015; $95). While there are many pieces […]
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Governmental Notices: October 31 – November 6
Our update of governmental notices that may be of interest to the membership and trade. In addition to the long awaited text of the Trans-Pacific Partnership Text [Lists access to text by its various Sections] among the items in this issue are links to: APHIS’ a recent Determination and various…
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Governmental Notices: October 24 – October 30
APHIS’ Rule addressing User Fees for Agricultural Quarantine and Inspection Services and a Notice of Comment Request; CPSC’s Proposed Rules addressing Petitions for Rulemaking regarding Products Containing Organohalogen Flame Retardants and a Plan for Retrospective Review of Existing Rules, as well as a Notice of Comment Request concerning Baby…
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