NYK signed a joint-venture agreement with Ports Development Company to create the first exclusive roll-on/roll-off terminal in Saudi Arabia, which will be located at King Abdullah Port.
Primark, Exel open distribution center in Bethlehem, Pa.
European fashion retailer Primark and contract logistics solutions provider Exel announced Primark officially established a presence in the Northeastern United States.
FRA makes grants available to improve highway-rail crossings
The Federal Railroad Administration is seeking applications for $10 million in competitive grant funding available to states to improve highway-rail crossing safety.
U.S. exports reach $188.5b in July
The Commerce Department said U.S. exports of goods and services in July reached $188.5 billion, up from $187.7 billion the previous month.
AirBridgeCargo commences new freighter service
The Russian cargo airline launched a twice-weekly direct freighter service from Moscow to Singapore starting Sept. 3.
NYK, MTI develop automatic camera for vessel engine monitoring
NYK and Monohakobi Technology Institute, an NYK Group company, jointly developed “Kirari NINJA,” the first camera device in the industry designed to monitor a vessel’s engine.
IAG sees cargo volumes sink 4.8% in August
The airline group reported August cargo volumes dropped to 417 million cargo ton kilometers.
Global air freight market loses altitude in July
Weak trade has limited growth opportunities for airfreight carriers, but trade is expected to improve in the second half of the year, according to the International Air Transport Association.
Executive Moves: Florida Ports Council, Busan Port Authority and Con-way Freight
Florida Ports Council appoints 2015-2016 leadership and the Busan Port Authority names CEO, while Con-way Freight promotes VP of western area sales.
August Retail Comp Store Sales Slip
New York—The month of August may have been hot temperature-wise but retail sales felt a chill. The last dozen or so retailers who still report monthly sales and comp sales figures reported mixed results today. Since August is a key month for back to school sales, analysts say it could signal consumers are belt tightening […]
The post August Retail Comp Store Sales Slip appeared first on Accessories Magazine.