A survey conducted by American Shipper revealed that 40 percent of participants believe the most likely outcome of Hanjin’s predicament is that its assets will be liquidated and acquired by multiple carriers.
SingPost, POST Luxembourg parter on Asia-Europe e-commerce
Under the new agreement, POST Luxembourg and Singapore Post, the national mail carriers of their respective countries, will offer comprehensive end-to-end e-commerce logistics solutions between Asia and Europe, the companies said in a joint statement.
NAFTA trade decline continues in June
The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped another 6.4 percent year-over-year in June 2016, according to the Bureau of Transportation Statistics.
MACY’S ROLLING OUT ITS IRIS APFEL X INC. COLLAB THIS MONTH
Macy’s has teamed up with fashion’s hottest cover girl! The recently turned 95-year-old Iris Apfel (happy birthday, Iris!) has partnered with I.N.C International Concepts, exclusively at Macy’s, for a line of clothing and accessories that’s just as vibrant as she is. Aptly named “Iris Meets INC”, the clothing and jewelry …
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MARSHAL COHEN’S NPD BLOG: NEW RULES FOR BACK-TO-SCHOOL
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. Another school year is here and that means shopping for everything from pencils and pants, to comforters and coffeemakers. One-third of consumers …
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FURLA SURGES IN Q2 REVENUES
Italian leathergoods brand FURLA is having a growth spurt. After finishing 2015 with its highest results ever in terms of sales and profitability, the FURLA Group continued its upward trajectory, with revenues in the first half of 2016 increasing 28%. …
DUCT TAPE CAN FIX ANYTHING, BUT WHO KNEW IT WAS FASHIONABLE?
They say duct tape can be used to fix everything, right? Well, let’s see if it can fix the sagging rate of handbag sales. Just kidding, but here’s a fun book for your store, even if your customers are more Fashionista than McGuyver.
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CBP seizes 7,800 pairs of counterfeit shoes from China
U.S. Customs and Border Protection said the shoes were seized by staff assigned to the ports of Los Angles and Long Beach, and if genuine, they would have had a total estimated manufacturer’s suggested retail price of $4.29 million.
C.H. Robinson reaches $225m agreement for APC Logistics
Minneapolis-based third-party logistics provider C.H. Robinson reached an agreement to acquire Melbourne, Australia-based freight forwarder and customs broker APC Logistics.
Flash Survey: What does Hanjin’s bankruptcy mean for the industry?
American Shipper has established a survey to collect feedback on the impact of this massive news on the liner carrier industry.