More than 100 U.S. retailers and trade groups have formed Americans for Affordable Prices, a coalition designed to convince lawmakers to abandon import tax proposals.
Gemini Announces Opposition to Border Adjustment Tax Even as Trump/House Republicans Continue to Push It
House Republicans continue to push the Border Adjustment Tax (BAT) as part of their “A Better Way” corporate tax reform proposal. Recently, President Donald Trump has made cryptic signals of support, although Trump’s Press Secretary has conflated the BAT with a border tariff in describing Trump’s support. Under the…
NEWS FLASH: Retailers unite against BAT
More than 100 U.S. retailers and trade groups have formed Americans for Affordable Prices, a coalition designed to convince lawmakers to abandon import tax proposals.
Lineage Logistics expands U.S. network
The temperature-controlled warehousing and logistics provider has acquired new buildings in Phoenix, Ariz. and Bethlehem, Pa., and plans to expand two others, adding a total of 21 million cubic feet of space to the company’s existing network.
Port of Vancouver offers discounts for quiet cargo ships
The Vancouver Fraser Port Authority has added new incentive criteria to its existing EcoAction program to include harbor due rate discounts for quieter vessels, making Canada the first country to offer a marine noise reduction incentive.
NRF: HOW MUCH WILL CONSUMERS SPEND THIS VALENTINE’S DAY?
Will consumers be feelin’ the love this Valentine’s Day? Yes, but… After a decade-long increase in Valentine’s Day spending, the market might be in for a correction this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. U.S. consumers are expected …
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H&M JOINS SEE NOW, BUY NOW MOVEMENT
For the first time, H&M’s fashion show will align with the current season to bring customers a collection straight off the catwalk. The H&M Studio collection will be presented during Paris Fashion Week for the brand’s first-ever ‘see now, buy now’ show on March 1st. The collection will launch on …
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C.H. Robinson EPS beat analyst expectations in Q4 2016
Despite surpassing analyst projections, C.H. Robinson’s earnings per share for the quarter were still lower than in Q4 2015, but revenues increased 6.4 percent year-over-year due to volumes growth across all services.
Reuters: Maersk mulls sale of Brazil energy business
Danish shipping conglomerate A.P. Møller-Maersk A.S. is considering divesting its oil and gas assets in Brazil following the company’s decision last fall to split into two separate divisions, one focusing on transportation and the other on energy.
Executive Moves: USA Truck, Hansa Heavy and FourKites
USA Truck names new chief executive officer and chief commercial officer, while Hansa Heavy Lift appoints managing directors and FourKites hires chief revenue officer.