The Senate Finance Committee on Thursday approved Deputy U.S. Trade Representative nominees C.J. Mahoney and Dennis Shea.
WWDMAGIC’s Booth Awards Celebrate Best in Show in 4 Categories
Accessories Magazine had the honor of picking the Best in Show for the WWDMAGIC Accessories Booth Awards. The best part? Surprising the winners on the show floor with engraved diamond paperweights and personalized bottles of champagne. Yes, there were tears! What we learned: Brands don’t need to invest a huge amount …
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26% of Women’s Valentine’s Day Gifts Were Handbags
Did you know that on average, men spend 90% more per gift than women on Valentine’s Day? Or that 26% of gifts for women were handbags? Loop Commerce‘s newly released infographic highlights gifting trends from Valentine’s Day 2018 show the breakdown of who bought what. Highlights: The top 3 gifting …
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Hardwood plywood producers seek import investigation
Four members of the Coalition for Fair Trade of Hardwood Plywood have petitioned the Commerce Department to investigate imports of Chinese hardwood plywood with face and back veneers for dumping and countervailable subsidies.
FRA chief counsel defends agency’s attention to PTC amid House scrutiny
Federal Railroad Administration Chief Counsel Juan Reyes on Thursday defended his agency’s enforcement of positive train control, an anti-crash technology railroads are expected to implement by Dec. 31, 2018.
New $0.25 gas tax for infrastructure?
U.S. President Donald Trump has said as far back as May 2017 he would be open to considering raising the federal gas tax as a means of funding infrastructure investment, but questions remain as to whether Republican lawmakers would support such a move.
Amazon eyes hospital supply chains
The e-commerce giant is partnering with Berkshire Hathaway and JPMorgan Chase to create a new company that aims to reduce healthcare costs for their U.S. employees, the firms said in a joint statement.
Port of LA’s box volumes hold strong in January
Despite the Southern California port’s container volumes falling 2 percent in January 2018 from 12 months prior to 808,728 TEUs, it was only the seventh time it had eclipsed the 800,000-TEU mark in any single month.
Ethics watchdog calls for investigation of resigning deputy FRA director
The Campaign for Accountability (CfA) alleges that Heath Hall, who recently resigned as deputy administrator of the Federal Railroad Administration (FRA), violated criminal law by making false claims about receiving outside income while in office.
Container carriers risk extending ‘freight rate malaise’
SeaIntel Maritime Analysis highlighted how utilization and rates on both the Transpacific and Asia-Europe container trades fell in late 2017 when carriers failed to limit capacity.