The Malaysian port posted record throughput volumes for the month of August.
Asian airlines experience freight decline in August
Preliminary figures from the Association of Asia Pacific Airlines revealed member airlines moved 5.29 million freight ton kilometers of cargo in August on international scheduled services, a year-over-year drop of 0.3 percent.
UTi Worldwide Inc. opens contract logistics facility in Mexico
The global supply chain services and solutions provider opened a new contract logistics facility in Irapuato, Mexico to support client growth in the automotive and high-tech electronics industries.
Executive Moves: Clinton County Port Authority and Port Freeport
Clinton County Port Authority appoints new executive director, while Port Freeport names business development director.
Port Canaveral’s Walsh steps down as CEO
Tensions related to John Walsh’s leadership style and disparaging remarks about people opposed to plans for growing cargo and a freight-rail connection led the Port Canaveral Commission to seek his removal.
Neiman Marcus Q4 Loss Narrows, Full Year Sales Up 5.3%
Dallas—Neiman Marcus Group reported Tuesday that its fourth quarter loss narrowed its loss as sales continued to rise. For the three months ended August 1, Neiman Marcus posted a loss of $32.9 million with $1.17 billion in sales, compared with a loss of $42.1 million and $1.11 billion in sales a year earlier. Meanwhile, earnings […]
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NRF on Halloween Sales: Spooky Spending to Reach $6.9 Billion
Washington—Earlier this week we learned that the NRF found Americans are fond of getting dressed up as princesses, witches, Star Wars characters or Minions. Today, the NRF released its Halloween Consumers Spending Survey showing Americans are very enthused about the holiday though they plan to budget less than last year. More than 157 million Americans […]
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A to Z: Treska
As a full-service accessories company, Treska continues to create high-quality, handcrafted fashion jewelry featuring unique beads from around the world. For over 37 years Treska has never lost sight of its core customer and with five introductions annually, their customers are always exposed to new styles and collections. In addition to beaded and component driven […]
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Chinese President meets with business leaders in Pacific Northwest
Chinese leader Xi Jinping, whose agenda in the U.S. includes commercial issues, Wednesday met with CEOs from Boeing, Apple and Cisco in Seattle on his way to visit President Obama in Washington, D.C. on Friday.
AMSA bans cargo ship from Australian ports
The Australian Maritime Safety Authority banned an Indonesian cargo ship from entering or using any port in Australia for three months.