The International Trade Commission must now make final determinations on the Commerce Department’s findings that Chinese producers of aluminum foil are receiving unfair subsidies and dumping the product in the U.S. market.
HMM makes splash return to Asia-Europe trade
South Korea’s Hyundai Merchant Marine (HMM) has confirmed it will reenter the Asia-North Europe lane after a one-year hiatus as a vessel operator and order new ultra-large containerships this year that will likely be deployed in the trade once delivered.
eBay Report: Micro Bags Grew 38% in December 2017
Did you know that between September ’17 and January ’18, shoppers purchased 2,000 more micro mini bags than top-handle bags?
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Nordstrom’s Newest Pop-In@Nordstrom Is for the Dogs
Nordstrom continues its outside-the-box thinking with its Pop-In@Nordstrom shops. The latest celebrates the Lunar Year of the Dog with items for dog lovers (and dogs). Snoopy adds celebrity cred.
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Macy’s Turnaround Takes Shape as Q4 Earnings Exceed Expectations
And now for some good retail news: Macy’s has released its fourth-quarter earnings and they beat out analyst projections.
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XPO Logistics launches warehouse management platform
The global third-party logistics provider introduced WMx, a cloud-based, mobile software platform that creates a single solution for warehouse integration.
Waterways Council CEO critical of White House infrastructure plan
Mike Toohey, CEO of Waterways Council, Inc., said several elements of President Donald Trump’s plan, including the proposed decrease of federal dollars, will be “non-starters” in terms of gaining industry support.
Targeting the long tail
The wave of new freight forwarding software is starting to zero in on underserved segments, like smaller forwarders and those in overlooked developing markets.
Shipowner, officer convicted of illegal discharges
Sea World Management & Trading and Edmon Fajardo were convicted Monday of maintaining false and incomplete records related to oil and garbage discharges from a tanker that was operating off the Texas coast near Corpus Christi in early 2017.
CEVA’s loss widens in 2017 despite higher volumes, revenues
Third-party logistics provider CEVA Holdings posted a loss of $197 million in 2017 compared with a $159 million loss the year before, according to the company’s most recent financial statements.