The Singapore-based containership lessor, which has a fleet of 14 Panamax ships, said it will wind up operations in the wake of defaulting on loans.
Mexican 3PL adopts MacroPoint’s load-tracking solution
Vitti Logistics has chosen to use MacroPoint’s freight-tracking software to connect with carriers and track loads across North America.
Port of Long Beach’s import volumes surge in March
However, export volumes during the month fell 5.3 percent from March 2016 as shipments to overseas markets experienced headwinds from the strong U.S. dollar.
ONLY 10 MORE DAYS TO APPLY FOR THE 2017 HANDBAG AWARDS!
Want to be the next It Bag designer? Now’s your chance! Handbag Designer 101 is still accepting applicants for its Eleventh Annual Independent Handbag Designer Awards™ to be held Wednesday, June 14th at the School of Visual Arts Theatre in New York City. The brainchild of handbag designer turned curator …
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AP: FRA finds thousands of safety defects on crude routes
Federal Railroad Administration inspectors have discovered nearly 24,000 defects, including worn rails, broken or loose bolts, and cracked steel bars on rail lines used to transport crude oil, according to a report from the Associated Press.
NPD GUEST BLOG: FASHION VS. FUNCTION
This guest post from Beth Goldstein, Executive Director, Industry Analyst; Fashion Accessories, The NPD Group, looks at the backpack business and its opportunities for retailers.
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IN-STORE EVENTS: BERGDORF GOODMAN CELEBRATES FENTY X PUMA
Spring is finally here in NYC and while we’re deep into Fall trends for the B2B side of our business, it’s nice to see retailers lightening and brightening up the merchandise mix with lightweight fashions. Bergdorf Goodman just had an in-store consumer-facing event for its Fenty x Puma line, designed by …
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China Merchants completes Sinotrans takeover
Sinotrans & CSC, parent company of the largest freight forwarder in China, has become a wholly-owned subsidiary of transportation, finance and real estate conglomerate China Merchants Group.
Americold adds second San Antonio, Texas facility
The refrigerated warehouse specialist now has over 165 facilities around the world with more than 145 in the U.S.
MPC Capital launches niche boxship investment fund in Germany
The independent investment and asset management firm is launching MPC Container Ships AS, an investment vehicle focused on feeder vessels with between 1,000 TEUs and 3,000 TEUs of capacity, the company said in a statement.