The parcel giant will expand its “Centennial” ground package sorting facility in Louisville, Ky. from 257,000 square feet to 838,000 square feet and will nearly double the package processing rates.
Xeneta launches two new ‘big data’ products
The ocean procurement software provider launched Xeneta Insight for small and medium businesses and Xeneta Intelligence for large volume shipping companies.
FedEx Office opens campus in Plano, Texas
The new, 265,000-square-foot office consolidates several locations and an estimated 1,200 FedEx team members into one location.
CBP seizes 1,200 counterfeit Tiffany bracelets
U.S. Customs and Border Protection officers at the Miami International Airport found the counterfeit bracelets in a shipment from China.
Chinese shipping companies report third quarter losses
COSCO ships moved fewer containers in the third quarter than it did in the same period last year and terminals run by subsidiary COSCO Pacific handled fewer boxes as well.
Kohl’s Announces Evolution of its Multi-Year “Greatness Agenda” Strategy
Menomonee Falls, WI—In an aggressive new strategic leap, Kohl’s today unveiled new initiatives to expand its strategic goals call the “Greatness Agenda.” As part of its quest for big growth in sales, Kohl’s Corp. is going small, with plans to open new stores that are less than half the size of its typical locations. The […]
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Retailers’ Biggest Online Loss: Fraudulent Credit Card Use
New York—As fourth quarter earnings week approaches, analysts keep a close eye on margins and percent increases—even a few million can make a major difference. But what about losing $1.8 billion a year? According to the US Retail Fraud Survey 2015, there has been a substantial increase in online credit card fraud. Published by Retail […]
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Lands’ End Opens First Ever Holiday Pop-Up Shops in Boston, NYC
Dodgewille, WI—Lands’ End is further trying to distinguish itself from the specter of its former owner, Sears Holdings. Lands’ End announced the opening of two holiday pop-up shops in New York and Boston. “I am delighted to deliver this exciting shopping opportunity to our customers. We are proud that the iconic brand of Lands’ End […]
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Citizen Debuts New Technology with a Science Lesson
New York City–Watch companies usually tout their latest creation with a cocktail party and maybe a visit by a celebrity brand ambassador. But for the launch last week of a new technologically advanced satellite timepiece: the Satellite Wave-World Time GPS, Citizen provided press, clients and interested parties with something of a science lesson. Held in […]
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EIB commits 100m euro loan towards Dublin Port’s infrastructure project
Total throughput at the port reached 24.4 million gross tons for the first nine months of 2015, a year-over-year increase of 5.8 percent the harbor deepening project would help to accommodate.