With a range of 200 miles, the drayage truck will operate from the ports of Los Angeles and Long beach to local warehouses.
Special Coverage: Physical asset tracking in container logistics gains renewed interest
Falling costs and the value of data are spurring renewed interest in physical asset tracking in container logistics.
NPD’S MARSHAL COHEN TO PRESENT DURING UBM FASHION’S MAY ACCESSORIES SHOWS
Whether you’re exhibiting at or attending UBM Fashion’s NY Women’s May Marketplace at the Jacob Javits Center (Accessorie Circuit, Intermezzo Collection, AccessoriesTheShow, POOLTRADESHOW, fame or MODA), definitely make time for “Retail Forward: Chasing the Accessories Consumer,” Sunday May 7th at 3 p.m., by Marshal Cohen, Chief Industry Analyst, The NPD Group, Inc. This …
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GLOBAL BRANDS GROUP SIGNS TIMBERLAND LICENSE
Global Brands Group Holding Limited, one of the world’s leading branded apparel, footwear, fashion accessories companies, has inked a licensing agreement with outdoor lifestyle brand, Timberland. The multi-year license will cover men’s and women’s socks, soft accessories, and cold weather accessories. As part of the agreement, Global Brands will design, …
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SKECHERS BREAKS RECORD BY SURPASSING $1 BILLION IN Q1 SALES
Sneakers and casual athletic wear are the hottest trend at the moment, so it’s no surprise that sneaker company Skechers is reaping the rewards, with first quarter sales exceeding one billion dollars ($1.073 billion, to be exact); a 9.6% increase. “First quarter 2017 net sales represent a new quarterly record …
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HERSCHEL VENTURES INTO APPAREL FOR BUSINESS EXPANSION
Canadian handbag and accessories brand Herschel is now exploring the potentials of selling apparel for the first time. In a recent market appointment, it showcased its initial offerings of outerwear lines for Fall 2017—Voyage and Forecast—that consist of lightweight packable jackets, anorak pullovers and hooded ponchos, all set for a …
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Intermodal rate growth continues in March
Intermodal pricing increased 4.8 percent for the month compared with the same 2016 period, just the six year-over-year increase since December 2014 and the second largest since January 2012, according to the latest Cass Intermodal Price Index.
Report: Chinese shipyards see new orders plummet
Newbuild orders for shipyards in China dropped 25.4 percent year-over-year to 5.54 million deadweight tons in the first quarter of 2017 amid continued weakness in demand, according to a recent report from the China Association of the National Shipbuild…
Werner Q1 2017 profits fall despite increased revenues
The truckload transportation and logistics provider’s net income for the quarter tumbled 20.3 percent to $16 million compared with the same 2016 period even as revenues grew 3.8 percent to just over $501.2 million.
PwC: Logistics M&A activity slows in Q1 2017
Total deal value in the transportation and logistics industry for the quarter dropped 38 percent despite deal volume growing 26 percent percent compared with the same 2016 period, according to a new report from PricewaterhouseCoopers.