CEVA appoints new Australia/New Zealand managing director, while Cathay Pacific Airways names executive director.
Trading in COSCO, China Shipping stocks remain suspended
Shares of the two state-owned Chinese ocean carriers have been frozen in Hong Kong for nearly a month now.
Industry seeks ground rules for future federal intervention in port-labor disputes
A Commerce Department advisory committee is poised to ask for quicker mediation response in wake of the West Coast port slowdown that took place less than a year ago.
Macy’s Premieres Its First Off-Price Backstage Stores
New York—Macy’s entered the increasingly crowded field of off-price retail with the debut this week of its first Macy’s Backstage stores, raising the curtain simultaneously on three New York City metro area stores opening in Brooklyn, Queens and Long Island, with three more slated to open in 2015 for a total of six stores. The […]
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America’s Next Top Model? Ask Instagram
Bloomington, IN –With New York Fashion Week kicking off Sept. 10, everyone wants to know who will be the industry’s next top model. The answer may lie far from the glittering world of runways, magazine covers and star-making designers. Researchers at Indiana University have predicted the popularity of new faces to the world of modeling […]
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Saverco expands control over CMB
Saverco NV, a controlling shareholder of Antwerp-based cargo ship and aircraft lessor CMB, will seek to purchase all outstanding shares of CMB.
Jettainer manages ULDs for WestJet
Third-party provider of unit-load devices Jettainer said it will manage air cargo pallets and containers for WestJet’s new international flights.
Spot container rates rise for second straight week
Rates from Shanghai to Northwest Europe and the Mediterranean have increased dramatically in the past two weeks, but rates from Shanghai to the United States have fallen three weeks in a row.
Oil spill causes traffic jam on Mississippi River
The U.S. Coast Guard closed part of the Mississippi River Thursday after a collision between two ships caused oil to leak into the water.
Chinese rail manufacturer CRRC breaks ground on U.S. plant
State-owned China Railway Rolling Stock Corporation, the first Chinese railcar firm to win a major transit contract in the United States, will produce and assemble cars for the Boston, Mass. subway system.