The 13,500-TEU Umm Salal ran aground Thursday afternoon while en-route to Khor Fakkan, Splash 24/7 reported.
CEVA, ANJI Automotive renew joint venture
The renewal will extend the life of the venture for another 15 years, and will expand the business scope to non-automotive contract logistics in China and Hong Kong, the companies said.
Commentary: Near sourcing isn’t a trend; it’s a strategy
Several factors – from rising labor costs in China, to the “Amazon Effect” and tough talk on tariffs – are accelerating the shift towards near sourcing as a viable manufacturing strategy, according to TOC Logistics International President Gary Cardenas.
JOSHUA SCHULMAN LEAVES NEIMAN MARCUS AND STEPS IN AS CEO AT COACH
Coach, Inc. has a new CEO at the helm of its signature brand. The modern luxury accessories and lifestyle company today announced the appointment of Joshua Schulman as President and Chief Executive Officer of the Coach brand. Schulman comes from Neiman Marcus Group where he has served as President, Bergdorf Goodman and NMG …
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Corpus Christi cancels plan for container terminal
A planned container facility at the La Quinta Trade Gateway is no longer a viable option due to its proximity to a residential area.
PANDORA NAMED THE OFFICIAL JEWELRY PARTNER TO DRESS FOR SUCCESS
For the second consecutive year, Pandora Jewelry has teamed up with With Dress For Success® In North America as the organization’s official jewelry partner. Through the partnership, Pandora has committed to $500,000 worth of donations in 2017 plus donating Pandora Jewelry to Dress for Success affiliates across North America. The global jewelry …
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LUPUS HANDBAG LUNCHEON RAISES NEARLY $300,000
A well-dressed (and accessorized!) crowd of nearly 300 prominent New York women turned out for the Lupus Handbag Luncheon this past Tuesday at the Plaza in New York City. The event was in its eighth year, but marked the first one produced by the Lupus Research Alliance, a newly combined organization that …
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Trucking operators urge Congress to increase infrastructure investment
FedEx Freight President and CEO Mike Ducker and Werner Enterprises President and CEO Derek Leathers told a Senate subcommittee the U.S. must invest more in its roads and bridges for the trucking industry to continue to operate safely and efficiently.
Greenbrier inks railcar deal with MUL exceeding $1b
Meanwhile, the Lake Oswego, Ore.-based transportation equipment manufacturer recorded a 38 percent year-over-year boost in revenues for the quarter ending Feb. 28, 2017, fueled by higher wheel volumes and externally sourced railcar syndications.
Record penalty assessed for Jones Act violation
Furie Operating Alaska has agreed to pay $10 million for transporting an oil rig from the Gulf of Mexico to Alaska on a foreign-flag ship.