The parcel giant expects to deliver 750 million packages between Thanksgiving and New Year’s Eve, a nearly 40 million increase from the same period in 2016.
d’Amico Shipping to sell, lease back product tanker under $28m agreement
Although the purchase price is $28 million, the transaction is ultimately expected to generate about $13.4 million in cash for d’Amico, net of commissions and reimbursement of the vessel’s existing loan.
Yang Ming sets up Thailand subsidiary
Taiwan-based ocean carrier Yang Ming Marine Transport Corp. has established a Thai subsidiary, Yang Ming Line (Thailand) Co. Ltd., which will begin offering services Jan. 1.
Algoma buys four veteran dry bulk vessels
All four ships are former U.S. flag lakers that will be transferred to the Canadian registry for service in the Great Lakes-St. Lawrence trade, according to Canadian marine transport services company Algoma Central Corp.
The Cult Accessories of 2017
What were the cult accessories of 2017? A scroll through just a few of the bags, jewelry items, shoes, belts and more that set our Instagram feeds on fire.
The post The Cult Accessories of 2017 appeared first on Accessories Magazine.
Some Favorite Street Style Handbags from 2017
As any trend spotter knows, the real fashion shows during Fashion Week take place outside the tents, driven by editors, influencers, models and some very trendy wannabees. Below, some of our favorite Street Style handbags seen out and about during 2017…
U.S. soybean shippers brace for new Chinese phytosanitary rule
Starting Jan. 1, China will begin phasing in a new phytosanitary regulation for U.S. soybean shipments that seeks to reduce the amount of foreign materials, such as weed seeds, to less than 1 percent.
Mexico’s thriving auto industry spurring opportunities for 3PLs
The Mexican automobile manufacturing industry has been booming in recent years thanks to relatively cheap labor and facility costs, and proximity to U.S. markets, increasing demand for automotive supply chain services and cross-border logistics offerings.
CSX taps acting CEO Foote to replace Harrison
Jim Foote, who became CSX’s acting CEO after E. Hunter Harrison went on medical leave on Dec. 14, will also join the company’s board of directors.
CMA CGM to resume Asia-Iran CIMEX 9 service
The French ocean carrier will offer a third direct service between Asia and Iran on top of the current CIMEX 6 and CIMEX 8 loops, CMA CGM said in a statement.