The new cranes are part of a $60 million terminal expansion and modernization program to prepare Matson’s Hawaii operational hub for the arrival of four new ships the company has on order.
MAGIC: COEUR Adds Gift/Lifestyle Layer to PROJECT Women’s
As fashion retailers seek to reinvent themselves and expand the scope of their offerings, there are a few niches that come to mind: namely gift, beauty and lifestyle. And these were very much on display at the recent MAGIC Marketplace, where COEUR trade show teamed up with Project Women’s for …
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Voice-Activated Shopping? An Analyst Weighs In
Retailers are reaching into their bag of tricks and pulling out all the stops to try to compete with Amazon. The latest? Walmart teaming up with Google’s commerce platform Google Express to offer voice-enabled shopping. Will this work? Zhewei Zhang, Assistant Professor of Information Systems and researches digital innovation at Warwick Business School, …
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How Stitch Fix is Targeting the Luxury Consumer
Stitch Fix, the popular online personal styling subscription service, has added more than 100 new premium brands to its mix (think Rebecca Minkoff to Helmut Lang), giving clients access to more luxury brands that tip into the $100 to $600 range. Consum…
Energy Intelligence: Total-Maersk Oil deal mutually beneficial
Maersk Oil’s liquids-weighted production will provide the French energy giant with short-term benefits, with key United Kingdom and Norway assets boosting cash flow, and possibly cost-savings synergies in the North Sea, according to Energy Intelligence.
Port of San Francisco shipyard at Pier 70 up for lease
Previously occupied by BAE Ship Repair and then Puglia Engineering, the shipyard at Pier 70 in San Francisco is undergoing investments and improvements including dredging and is now up for lease, according to the city and county.
NWSA sees 5% container growth in first half 2017
Through the first six months of the year, full import volumes at the Pacific Northwest ports of Seattle and Tacoma were up 6 percent to 803,357 TEUs, while full exports were flat at 540,344 TEUs, according to data from the Northwest Seaport Alliance.
Panama Canal welcomes largest capacity vessel to date
The Neopanamax vessel CMA CGM Theodore Roosevelt, which measures 1,200 feet in length and 158 feet in beam and has a container carrying capacity of 14,885 TEUs, on Aug. 22 became the largest ship to ever transit the Central American waterway.
Maersk Tankers invests in CargoMetrics
The agreement will provide Maersk Tankers with access and exclusive rights to Boston-based hedge fund CargoMetrics’ analytical models, algorithms and capabilities.