The third-party logistics provider entered into a six-year contract with in vitro diagnostic products and services provider Ortho Clinical Diagnostics to manage the company’s temperature-controlled warehousing and distribution needs in the United States.
Dutch coffee, tea company to use Amber Road
Jacobs Douwe Egberts, owner of Maxwell House and Tassimo brands, will use Amber Road’s restricted party screening solution to being automating its trade compliance process.
UPS adds to hybrid truck fleet
The new hybrid vehicles are 10 to 15 percent more fuel efficient than previous hybrid designs and offer four times the fuel economy of a gasoline-powered vehicle.
Macy’s Announces Plans for 35 to 40 Store Closings
Cincinnati—Although specifying that soon-to-be closed Macy’s stores represent only 1% of the department store company’s total, Macy’s Inc. today announced plans to close 35 to 40 in early 2016 as the company works to “optimize its omnichannel approach to customers across America.” Repercussions of Omnichannel “Physical stores remain absolutely vital to our omnichannel strategy, which […]
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United Continental CEO resigns; CSX’s Munoz to replace him
Jeff Smisek, who stepped down due to ongoing federal investigations into his dealings with Port Authority of New York and New Jersey, will be replaced by the chief executive officer of CSX Corporation.
Xcel Brands Inks Rapid Response Deal with Hudson’s Bay, Lord & Taylor
New York and Toronto—Xcel Brands, the brand development and media company behind Isaac Mizrahi, H Halston and C. Wonder, announced today that it has entered into an exclusive with Hudson’s Bay Company and Lord & Taylor to develop a rapid response inventory system which will allow the retailer to better manage its inventory and respond […]
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Alibaba Begins Countdown to 11.11, Biggest Online Sales Day Ever
Hangzhou, China and San Francisco—Amazon made news this summer with its stab at trying to launch a Black Friday-like sale on July 15 called “Amazon Prime Day.” Reviews were mixed but another Internet behemoth says its upcoming sales will dwarf them all. Today Alibaba Group, the world’s largest online company, kicked off its annual 11.11 […]
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Commodity prices, not rail capacity, to dictate agriculture volumes
Experts say farmers will try to sit on their inventories longer because of low prices, but if they decide to sell, railroads have the space to carry their loads.
Coast Guard, MarAd issue caution about shipments from Tianjin
“There have been no reports of vessels with confirmed hazardous ash, debris or residues onboard,” according to a bulletin from the United States Coast Guard.
APM Terminals acquires Grup Maritim TCB
The terminal operator announced it reached an agreement with Perez y Cia to acquire its majority stake in Grup Maritim TCB and its 11 container terminals, expanding APMT’s terminal network to 74 operating facilities.