However, U.S. beef export volumes to Japan during the month reached the highest amount in nearly two years, totaling 25,836 metric tons.
Port of Wilmington, N.C.’s turning basin project reaches completion
The expanded turning basin project, which allows the port to handle post-Panamax vessels with a length of 1,150 feet and a breadth of 158 feet, involved the removal of an existing bulk pier and dredging along the port’s side of the Cape Fear River.
Governmental Notices July 30 – August 5th, 2016
The following updates and governmental notices may be of interest to our members and the trade: APHIS’ Proposed Rule concerning the Importation of Fresh Mango Fruit From Vietnam Into the Continental United States; CITA’s Determinations under the Textile and Apparel Commercial Availability Provision of CAFTA–DR; CPSC’s notice of a Flammable Fabrics…
BNSF earnings continue to contract in 2016
Berkshire Hathaway-owned BNSF Railway Co. reported a net income of $772 million in the second quarter of 2016 and $1.56 billion in the first half of the year, decreases of 19.8 percent and 22.5 percent, respectively, from the previous year.
INDUSTRY MOURNS NOTANONYMOUS FOUNDER MAXINE COPPERSMITH
The accessories industry sheds a collective tear after Maxine Coppersmith, founder of notanonymous showroom, lost her battle with lung cancer over the weekend. Coppersmith was 53. “It is with tremendous sadness that we announce the passing of our beloved leader and friend Maxine Coppersmith. Since founding notanonymous in 1994, Maxine …
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WALMART BUYS JET.COM FOR $3.3 BILLION
It happened. After much speculation, brick and mortar giant Walmart went through with its sale of rising pure play e-tailer Jet.com. Walmart bought Jet–which has aggressively gone after Amazon since its inception just a year ago–for $3.3 billion in cash and stock. The deal is the largest-ever purchase of a U.S. …
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Personalized Gift Guide: Be a Part of It!
How to participate in our upcoming Personalized Gift Guide.
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A TO Z: TRESKA
As a full-service accessories company, Treska continues to create high-quality, handcrafted fashion jewelry featuring unique beads from around the world. For over 38 years, Treska has never lost sight of its core customer and with five introductions annually, their customers are always exposed to new styles and collections. In addition …
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U.S. transportation sector hiring rebounds in July
Transportation and logistics companies added 11,700 positions last month, following a revised decrease of 6,700 jobs in June and a 4,500-job gain in May, according to recent preliminary data from the U.S. Department of Labor.
Agility’s profits rise 11% in Q2
\However, Agility’s Q2 revenues slipped 6 percent year-over-year to 309 million Kuwaiti Dinars, as its Global Integrated Logistics business posted a 10 percent year-over-year drop in revenues from lower shipping and fuel rates in the market.