The vessel caught fire off the coast of San Juan this morning, and at around 11 a.m. Eastern Daylight Time, USCG Lieutenant Commander Ryan Kelley told American Shipper that all passengers were evacuated and the 26 crewmembers were then being evacuated.
Cargo Chief unveils TMS for small truckers
The Mountain View, Calif.-based transportation procurement technology startup released a web-based transportation management system for trucking companies that don’t typically have access to automation.
Wen-Parker obtains NVOCC license in India
The Indian Customs office has awarded third-party logistics provider Wen-Parker Logistics’ regional subsidiary a license to operate as a non-vessel operating common carrier in Chennai, the company said in a statement.
Grupo TMM posts $7.8m loss in Q2 2016
The Mexico City-based port management and logistics provider reported a net loss of 1.40 pesos per share for the quarter on revenues that fell 20.8 percent to 662.6 million pesos compared with second quarter 2015.
U.S. intelligence agency to advise industry on supply chain security
The U.S. National Counterintelligence and Security Center will begin providing supply chain threat reports to critical U.S. telecommunications, energy, and financial businesses in an effort to defend against cyberattacks, among other threats.
FRA awards $25m in PTC implementation grants
The Federal Railroad Administration yesterday announced 11 projects in six states and the District of Columbia that will receive $25 million in grant funding for implementation of Positive Train Control under the 2016 Consolidated Appropriations Act.
SHOPPING PREVIEW: WESTFIELD WORLD TRADE CENTER
After many months of anticipation, Westfield World Trade Center has officially opened in Lower Manhattan, bringing in more vibrancy to the bustling and revitalized Financial District. With 365,000 square feet of retail space, this new mall aims to become one of New York City’s prime shopping destinations. As of this writing, …
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TJX STOCKS FALL ON MISSED ESTIMATES DESPITE POSITIVE EARNINGS
Earnings reports can be a tricky thing. For example, shares of the TJX Cos. (T.J. Maxx, Marshalls and HomeGoods) fell 3.2% yesterday, despite news of positive second quarter sales and comps. Why? Because the discount retailer’s Q3 and fiscal 2017 estimates, while on an upward note, still fell short of analysts’ estimates. Net …
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STATS FOR BACK-TO-SCHOOL SHOPPING
Research firm Retail Me Not has put out a back to school cheat sheet, featuring consumer trends and insights for retailers. Back-to-school shopping is always one of the largest seasonal events for retailers and consumers, and 2016 looks to be no differ…
NORDSTROM EXPANDS ITS PARTNERSHIP WITH MADEWELL THROUGH ADDITIONAL STORES
Nordstrom seems bullish about expanding its retail reach. Just recently, it announced that it plans to include casual fashion brand Madewell into an additional 20 stores this fall. According to Nordstrom, this is the third distribution expansion between it and Madewell since they started working together in March 2015, which will …
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