South Korea’s largest container shipping company’s transported volumes ticked up 1 percent year-over-year in the quarter to 1.17 million TEUs, container revenues tumbled 26.6 percent year-over-year to 1.35 trillion won.
Pacific Northwest ports offer incentives for longer gate hours
With peak season volumes expected to increase, the ports of Seattle and Tacoma said they are willing to help pay terminal operators to extend gate hours at container terminals.
Cloud a clear choice for Oracle TMS customers
Oracle executives told user conference attendees in Philadelphia on Monday that more than 90 percent of new customers are choosing the cloud-deployed version of Oracle’s OTM and GTM products.
CAMUTO GROUP ACQUIRES MAJORITY OWNERSHIP OF SOLE SOCIETY
As part of its focus on digital innovation, Camuto Group has acquired the majority stake in Sole Society with the strategy of enhancing category offerings and continuing to build on the strong accessories platform through extensions in apparel and other key classifications. The partnership marks the first digital acquisition for Camuto …
The post CAMUTO GROUP ACQUIRES MAJORITY OWNERSHIP OF SOLE SOCIETY appeared first on Accessories Magazine.
BOTKIER LAUNCHES FOOTWEAR
The Botkier brand is well known for its handbags, especially its famous Trigger style that made the label an early sensation. Now, Botkier is expanding into footwear, right on the heels of its fashion jewelry revival. Botkier did dabble in shoes once before in 2008 with a limited collection in honor …
The post BOTKIER LAUNCHES FOOTWEAR appeared first on Accessories Magazine.
HBC ANNOUNCES COMP SALES FOR Q2
Hudson’s Bay Company released some earnings for the quarter beginning May 1, 2016 and ending July 30, 2016(1) Highlights: Consolidated comparable sales increase of 1.9% On a constant currency basis, consolidated comparable sales decrease of 1.3% DSG (Department Store Group) comparable sales increase of 1.1% HBC Off Price (Saks OFF …
The post HBC ANNOUNCES COMP SALES FOR Q2 appeared first on Accessories Magazine.
Report: Brexit could be delayed until late 2019
The United Kingdom voted to leave the European Union on June 23, but implementation could take longer than expected as the government is “too chaotic” to start the two-year process in 2017, according to a report from the Sunday Times.
Obama signals intent to move ahead on TPP
The Obama Administration indicated Friday that within 30 days, it plans to send to Congress the bill that would implement the Trans-Pacific Partnership agreement negotiated and signed by a dozen countries earlier this year.
Business groups seek better enforcement of lithium battery regulations
Trade associations representing air cargo interests and U.S. and European rechargeable battery suppliers on Monday called on governments to more strictly enforce lithium battery safety regulations.
G&W to purchase Providence and Worcester
Regional and short line rail group Genesee & Wyoming Inc. has agreed to acquire Worcester, Mass.-based railway Providence and Worcester Railroad Co. for $126 million, according to a joint statement from the companies.