The Berlin-based digital forwarding startup has closed an 8 million euro (U.S. $9.5 million) series A funding round with a private investment company.
Merit Shopping: The Growing Trend of Treating Yourself Big Time
Got a promotion? Hit a major milestone birthday? Treat yourself with some major jewelry! At the Accessories Council summit, jewelry and retail experts sat down with the publisher of Marie Claire magazine to discuss the growing trend of women’s merit sh…
Holiday Window Shopping: Bloomingdale’s (and 7.6 Million Swarovski Crystals)
Bloomingdale’s has unveiled its holiday windows (and 7.6 million crystals) based on 20th Century Fox Film’s “The Greatest Showman”
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MPC Container Ships posts first quarterly profit in Q3 2017
The fledgling containership owner and operator (together with its subsidiaries) recorded a profit before taxes of $200,000 on revenues of $7 million for the quarter, according to the company’s most recent financial statements.
TECSYS sees Q2 FY2018 profits skyrocket
The supply chain management software company saw profits of $1.1 million on revenues of $14.2 million for the company’s second quarter of FY2018, ending Oct. 31, 2017, both substantial increases from the same quarter last year.
Budapest Airport inks e-commerce agreement with STO Express, EKOL
The Hungarian airport will work with China-based air carrier STO Express to boost e-commerce links between Asia and Europe.
Port of Oakland aims to increase U.S. meat exports with new intermodal facility
Already a hot commodity in Asia, exports of frozen and chilled meat from the U.S. Midwest and California could get a boost from a $90 million temperature-controlled rail transloading facility currently under construction at the Port of Oakland.
FMC proposes rule to ease NSA, NRA burdens
The U.S. Federal Maritime Commission (FMC) has issued a proposed rulemaking that the agency says “expands flexibility and deregulates” Non-Vessel-Operating Common Carrier Service Arrangements (NSAs) and Negotiated Rate Arrangements (NRAs).
CMA CGM merges European subsidiaries MacAndrews, OPDR
The French maritime shipping conglomerate will combine its two intra-European subsidiaries for greater European coverage of short-sea and multirmodal services, CMA CGM said in a statement.
Yang Ming raises $200m in public offering
The public share offering, which began in September, was participated in by existing shareholders as well as new investors such as insurance institutions, and container stevedoring and transport companies, according to Yang Ming.