Daewoo Shipbuilding & Marine Engineering bondholders have approved a debt-for-equity swap as a condition of a 2.9 trillion won funding package from the Korea Development Bank and Export-Import Bank of Korea.
NileDutch to use ClearMetal predictive platform
Liner and breakbulk carrier NileDutch will use ClearMetal’s machine-learning approach to fleet and container utilization improvement.
DHL to acquire Brazilian transport services provider
DHL Supply Chain will acquire Polar Transportes, which provides transportation services to the Life Sciences and Healthcare industry in Brazil.
AIIS: U.S. steel exports rise in February
The United States exported 827,559 net tons of steel in February, a 1.1 percent increase from January and a 6.2 percent jump from February 2016.
Haven’s planned path toward TMS
The global logistics startup Haven was previously known as an ocean freight marketplace, but used that platform as data discovery to build a collaborative workflow system.
JDA builds on visibility ecosystem
Supply chain solutions provider JDA established a new TMS integration with MacroPoint, and extended its existing TransVoyant partnership to forecasting, replenishment and manufacturing.
UP to invest $923.1m in rail infrastructure across five states
The Omaha, Neb.-based Class I railroad’s investment plans stemmed from its $3.1 billion capital plan for 2017, which was approved early in February.
Port of Antwerp’s tonnage increases from container growth
The Belgian port experienced the best month on record for containers in March.
WEEKEND 1 – COACHELLA STYLE GOES HIGH SHINE
The first weekend of Coachella 2017 just came to a close, where celebrities, models and style influencers came from across the globe sporting some of the hottest and street worthy trends. The Revolve House hosted some of the best parties and stylish It girls have us running to get some of the …
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RETAIL SALES GREW 0.3 PERCENT IN MARCH
Retail sales in March increased 0.3% seasonally adjusted over February and 3.5% unadjusted year-over-year, according to calculations released recently by the National Retail Federation. The numbers exclude automobiles, gasoline stations and restaurants. “Various factors were at play in the first quarter, but we are again seeing a pattern similar to previous years …
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