ATSG posts $53.7m loss in Q2 2017

The Wilmington, Ohio-based aircraft leasing and air cargo transportation services provider’s loss resulted from charges for the warrants granted last year in connection with operating and lease agreements with Amazon Fulfillment Services.

Foiling Chinese subsidies

The Commerce Department will impose countervailing duties on U.S. imports of aluminum foil from China, after determining that Chinese exporters have received government or “countervailable” subsidies in the range of 16.56 percent to 80.97 percent.

Nordstrom Solid Q2 Earnings “A Ray of Sunshine”

Nordstrom Q2 earnings are out and they’re good, driven by its successful Anniversary Sale and overall online performance.  Stocks popped at the positive news. Net sales increased 3.5% and comp sales increased 1.7%, compared with the same quarter last year. Nordstrom’s Anniversary Sale, historically its largest event of the year, …

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Imports Set to Hit New Monthly and Annual Records As Retail Sales Continue to Increase

Boosted by continuing sales growth, August is expected to be the busiest month on record for imports at the nation’s major retail container ports and 2017 is on track to set a new annual high, according to the monthly Global Port Tracker report released today by the National Retail Federation …

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