The Shanghai Containerized Freight Index fell 3.5 percent just since last Friday, as rates from Shanghai to Europe, the Mediterranean and the United States all recorded weekly declines.
Port of NY/NJ’s APMT terminal receives its largest vessel ever
The 14,414-TEU CMA CGM Theodore Roosevelt was able to reach the terminal thanks to the port authority’s $1.6 billion Bayonne Bridge Navigational Clearance Project, which raised the clearance under the crossing from 151 feet to 215 feet.
Chinese regulators green light COSCO-OOIL deal
China COSCO SHIPPING’s acquisition of the parent of Hong Kong-based liner carrier Orient Overseas Container Line (OOCL) earlier this week received approval from China’s State-owned Assets Supervision and Administration Commission, OOIL said in a statement.
FTR: Class 8 orders continues to rise in July
Net orders for North American Class 8 trucks totaled 20,700 units in April 2017, up 14 percent from the previous month and 50 percent from the previous year, according to freight transportation analyst FTR.
NYFW: 29Rooms Creates an Immersive Art/Fashion Installation
Who doesn’t want to be fully immersed in fashion, art, style, technology and culture? We took a break from Manhattan’s fashion shows and hopped the L train to Brooklyn’s Williamsburg to experience the 29Rooms fun house, created by digital media company…
Kendall Jenner Stars in Jewelry Campaign
These days, we’re just trying to Keep Up with Kendall. It’s worth noting that many things the supermodel and It Girl touches turns to gold, so it made sense that a true gold company would tap her to be the face of their brand.
The post Kendall Jenner S…
Pantone’s 12 Key Colors for NYFW Spring 18
The Spring palette will incorporate 12 top colors and an additional four “classic” colors.
The post Pantone’s 12 Key Colors for NYFW Spring 18 appeared first on Accessories Magazine.
CEO of metals company jailed for illicit exports
Erdal Kuyumcu, the chief executive officer of Woodside, N.Y.-based Global Metallurgy, was sentenced to nearly five years in prison following his June 14, 2016 guilty plea for conspiracy to illegally export a controlled metallic powder to Iran.
Washington state to pilot ‘pay-per-mile’ highway funding program
Due to an increasing gap between revenues and costs, the state of Washington in early 2018 will test a program that will have 2,000 volunteers “paying” taxes for road improvement by the mile, instead of via a gas tax.
Commerce finds dumping of steel rod imports
The Commerce Department has reached affirmative preliminary determinations in its dumping investigations of steel wire rod imports from Belarus, Russia and the United Arab Emirates.