USA Truck hires vice president, revenue operations, Day & Ross appoints president and CEO, NxtPort names new chief technology officer, and ECS Group nominates CEO.
Report: U.S. export control reform needs ‘serious review’
Washington, D.C.-based think tank Institute for Science and International Security warns some export control reform actions could make it easier for pariah nations or terrorist groups to obtain sensitive U.S. technologies for weapons.
Rickmers ‘forced’ to file for insolvency
The management board of HSH Nordbank AG has “surprisingly denied” approval of the term sheet for Rickmers Group’s planned financial restructuring, according to a statement from the company.
MICHAEL KORS WILL CLOSE AROUND 100 STORES, SAYS FISCAL REPORT
It’s not exactly an exciting time now for brick-and-mortar retailing, with store closings and brands facing difficulties making the news rounds lately. The latest to join? Michael Kors.
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BARCLAYCARD EXPLORES CHECKOUT-FREE SHOPPING
Who loves queuing up in a long line? Definitely not Barclaycard.
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EXECUTIVE MOVES: APPOINTMENTS AT AMAZON, REEBOK AND MORE
Retail’s revolving door continues with appointments and departures at Amazon, Reebok and Neiman Marcus.
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Jobs & Trade Competitiveness Act introduced in House
Representatives in the House Ways and Means Trade Subcommittee have introduced a bill aimed at improving U.S. competitiveness by reforming trade enforcement, encouraging domestic job growth and discouraging outsourcing.
Japan’s ‘Big 3’ to operate as Ocean Network Express
The Ocean Network Express, comprised of Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and Nippon Yusen Kabushiki Kaisha, is scheduled to commence April 1, 2018.
Maryland Port Administration buys 70 acres of land
The 70 acres of property at the Point Breeze Business Center is expected to be used as a container storage location, but can also be used for automobiles and roll-on/roll-off storage, the Maryland Port Administration said.
Commerce: U.S. GDP grows 1.2% in Q1 2017
Meanwhile, Commerce Department’s Census Bureau reported that new orders for manufactured durable goods in April decreased 0.7 percent to $231.2 billion after four consecutive monthly increases.