The South Korean carrier said certain providers have been charging its customers more than what it would have charged to transport cargo and has tried to intervene, taking its concern up with the Federal Maritime Commission.
TREND FINDER: HOW TO BE A PART OF IT!
Retailers are always seeking the hottest accessories trends at all price points, which is why our Trend Finders are always such a must-read for the industry. Our weekly Trend Finders, which kick off two new trends every Monday, are blasted out daily in our Accessories News Flash (with each trend remaining on …
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MARSHAL COHEN’S NPD BLOG: ELECTION DISTRACTION
As part of our ongoing Industry Experts column, we are reprinting a blog posting from Marshal Cohen, Chief Industry Analyst for NPD Group. The original post ran here. With less than two months to go until the 2016 presidential election it is as if the circus has come to town. …
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Spot rates fall back as boost from Hanjin bankruptcy subsides
Container freight rates measured by the Shanghai Containerized Freight Index fell across the board from last week following a short-term increase in rates that stemmed primarily from issues associated with Hanjin Shipping filing for court receivership.
Maersk shuffles top management in wake of split announcement
APM Terminals appointed A.P. Moller Shipping Services Chief Executive Morten Engelstoft to succeed current CEO Kim Fejfer, who will be taking up a new role at APM Holding A/S, according to a statement from the company.
More Hanjin vessels offload cargo
Thirty-five of the 97 containerships operated by the now insolvent South Korean ocean carrier have completed cargo unloading, Korea’s Yonhap News Agency reported Friday.
Executive Moves: Port of New Orleans and CHA Consulting
The Port of New Orleans elects board chairman, while CHA Consulting names head of Transportation Group.
Special Coverage: Port of Virginia kicks investment plans into high gear
The mid-Atlantic port is moving quickly to make large strategic investments in marine and inland terminals after years of relative neglect.
House Democrats voice opposition to WRDA after late change
The Water Resources Development Act has mostly received bipartisan support, but Democrats in the House are upset that a provision that would have protected Harbor Maintenance Tax receipts from being diverted for other uses was removed from the final dr…
BNSF CEO: Railroad regulators need to recognize dip in coal traffic
Matt Rose, chief executive officer of the Berkshire Hathaway-owned Class I railway, said federal regulators should consider how the sharp decline in coal traffic is affecting the nation’s railways.