The newly created entity will be led by Martin Klepper, a senior partner in the Energy and Infrastructure Project Group at Skadden, Arps, Slate, Meagher & Flom, LLP.
SCFI ends year on high note
The Shanghai Containerized Freight Index stood at a reading of 951.66 on Dec. 30, increasing 15.5 percent from a week prior.
NWSA sets container throughput record in November
The Northwest Seaport Alliance, which comprises the ports of Seattle and Tacoma, Wash., handled a total of 336,381 TEUS for the month, a 20.2 percent increase from the same 2015 period and a new monthly record, according to figures from the port author…
Commerce ups U.S. Q3 GDP estimate again
U.S. gross domestic product increased 3.5 percent in the third quarter of 2016, according to the “third” estimate from the Department of Commerce, up from previous estimates of 3.2 percent and 2.9 percent.
Port of Vancouver, Wash. unveils Terminal 1 redevelopment plans
The Washington state port has submitted a Concept Development Plan application to the City of Vancouver for the redevelopment of its Terminal 1 facility on the Columbia River.
BIMCO outlines shipping industry outlook for 2017
The international shipping organization said 2017 will be another die-hard year of competition and it projects the container shipping segment to see a net fleet growth of around 3.1 percent in 2017 compared with an estimated 1.1 percent in 2016.
Item of the Day: Veggani Faux Fur Clutch
It’s one thing to design “vegan” leather handbags, it’s another to live the lifestyle…and pass on that enthusiasm and authenticity to retailers and consumers. A PETA Approved company, Veggani was founded in 2015 in Philadelphia and is a trademark of Conscientious Trends, LLC. Founder and Designer Laura de Waal’s goal …
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Join Accessories Magazine for its “Reinventing Retail” Experts Panel
Make sure to stop by the Javits Center this Sunday for Accessories Magazine’s first retail/experts panel Reinventing Retail: How to Stay One Step Ahead in Today’s Changing Market. This panel, which runs Sunday, January 8th at 2pm on the Concourse Level of the Javits, marks the beginning of a three-day …
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Amazon Shipped 1 Billion Items This Holiday (And Other Fun Facts)
This 2016 holiday was the best-ever season for Amazon with devices including Echo Dot, Fire TV Stick, Fire tablet and Amazon Echo topping the best-sellers list. Customers purchased and gifted a record-setting number of devices from the Amazon Echo family with sales up over 9x compared to last year’s holiday …
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Accessories Announces its 2017 Merchants Hall of Fame Inductees
Now in its seventh year, Accessories magazine proudly presents the 2017 class of its annual Merchants Hall of Fame! The recipients were selected by the vendor and retailing community for their exceptional retailing expertise and business/fashion acumen…