The Hellenic Republic Asset Development Fund said last week the launch of the tender evaluation process would begin immediately.
KATE SPADE SALE TO COACH SAID TO BE HAPPENING
It seems a Coach takeover of Kate Spade is, at long last, finally happening. After months of speculation and several big fashion brands named as potential buyers, employees of both brands told Business of Fashion that the acquisition could be announced within a few days. The deal comes months after its current …
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German 3PL takes 40% stake in ARKON Group
Third-party logistics provider the Rhenus Group has acquired a 40 percent shareholding in ocean vessel owner and manager ARKON Shipping GmbH & Co., according to a joint statement from the companies.
KARL LAGERFELD LAUNCHES COLLECTION WITH SWAROVSKI
A first look at Karl Lagerfeld’s collection with Swarovski has arrived, and it’s fabulous. The Karl Lagerfeld jewelry collection reflects the Karl Lagerfeld brand’s feminine, Parisian-chic aesthetic with a bold, edgy twist. Contemporary styles including necklaces, bracelets, rings and earrings are finished with gold plating, rose gold plating and rhodium …
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U.S. imposes sanctions on 30 INKSNA violators
The sanctions, pursuant to the Iran, North Korea, and Syria Nonproliferation Act, will remain in place for two years.
Judge rules against UPS in N.Y. cigarette case
U.S. District Court Judge Katherine Forrest found the parcel giant and third-party logistics provider violated state law by transporting hundreds of thousands of cartons of untaxed cigarettes into New York City from lower-tax areas.
Rep. DeFazio files $500b transportation infrastructure bill
The ranking member of the House Transportation and Infrastructure Committee, introduced the Investing in America: A Penny for Progress Act, which aims to raise roughly $500 billion in transportation infrastructure funding via 30-year Treasury bonds.
Executive Moves: YRC, CenterPoint and Actisense
YRC Worldwide appoints chief information officer, while CenterPoint Properties names eastern region senior vice president and Actisense hires operations supervisor.
FMC updates carrier agreeement library
Federal Maritime Commission Acting Chairman Michael A. Khouri said the updated carrier agreement library will help people save time and money.
Port of Houston invests in container terminals
The Port of Houston’s port commission approved contracts for the design of the Wharf 3 rehabilitation at the Barbours Cut Container Terminal and for the design of Container Yard 7 at the Bayport Container Terminal.