IBM has been working since last fall on teaching the supercomputer Watson the ins and outs of the gloabl supply chain, IBM Supply Chain Analytics Global Lead Rob Allan said at this year’s Global Supply Chain Excellence Summit at USC.
Macy’s & Kohl’s Beat Estimates, Dillard’s Loss Surprises
Retail Q2 earnings are trickling in, and the industry watches closely what some of the biggest have to report. Macy’s results beat out Wall Street, but a downbeat outlook still caused Macy’s shares to fall. Kohl’s Q2 came in high, while Dillard’s came in low. A look: MACY’S: Estimates: In …
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Janie Bryant Chats Vintage, The Last Tycoon and WWDMAGIC
“Mad Men” costume designer Janie Bryant has turned her eye for vintage to the ’30s with “The Last Tycoon” and a capsule collection with Unique Vintage. Those attending WWDMAGIC can also catch her vintage panel and see her new collection.
The post Jani…
Yang Ming reports smaller loss in Q2 2017
The Taiwanese ocean carrier reported revenues of $1.1 billion for the second quarter of 2017, with volumes increasing 6.8 percent year-over-year to 1.15 million TEUs, according to the company’s latest financial statement.
U.S. Navy issues solicitation to haul damaged Fitzgerald back to United States
The U.S. Navy is looking to haul the warship back to the United States for repairs, following its June collision with an NYK Line containership in Japanese waters that claimed the lives of seven U.S. sailors.
Trade Trends: Brexit bully pulpit
In negotiating the terms of the United Kingdom’s exit from the European Union, the EU may look to send a signal to other member nations that leaving the union is far more trouble than it is worth.
NTSB adds documents to El Faro investigation docket
The National Transportation Safety Board has added two additional reports that clarify the original voyage data recorder (VDR) transcript from 2016 and says it has up to four more additions for the docket by the end of the year.
Port of Virginia cargo volumes up 7.5% in July
Terminals at the Port of Virginia handled 234,230 TEUs last month, a 7.5 percent increased compared with the same month a year ago, despite a 2 percent dip in exports.
WiseTech Global acquires Oceania tariff data company
The software company, which provides backbone systems for forwarders and customs brokers, will use data from tariff research and compliance tool provider Digerati to guide its next generation of customs entries technology.
Port Panama City prepares for growth
The U.S. Gulf Coast port is currently developing a new forest products terminal and is looking to dredge its east channel, according to Port Panama City Executive Director Wayne Stubbs.