The independent containership owner and manager reported profits of $36.4 million on revenues of $224.3 million for the second quarter of 2016.
RETAILER RAP: KATHRYN FAY, TOOTSIES
The August shows are right around the corner, so leading up to AccessoriesTheShow and AccessorieCircuit, Accessories Magazine will be chatting with retailers about business and fashion/accessories opportunities. Tootsies is an upscale fashion/accessories store that’s been in business for four decades and currently has three locations in Dallas, Houston and Atlanta. …
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LICENSING: CAMUTO GROUP TO RELAUNCH LUCKY BRAND HANDBAGS
Lucky Brand has signed a license with long-standing partner, Camuto Group, to re-launch and manufacture its handbag line. Previously, Lucky Brand handbags were manufactured by Showroom 35. Camuto Group has built the Lucky Brand footwear business for th…
Port of Gdansk posts strong half-year results
The Polish port saw general cargo volumes surge 31 percent year-over-year to 7.2 million metric tons.
Teletrac Navman launches new fleet management platform
The GPS tracking and fleet management solutions provider has launched its latest platform, DIRECTOR, which offers features like fuel use tracking, messaging and routing, driver behavior analysis and data reporting.
U.S. Class I railway employment continues to fall in June
Major freight railroads in the United States employed 152,426 workers as of the middle of June 2016, down 0.2 percent from the previous month and 11.55 percent year-over-year, according to data from the Surface Transportation Board.
Landstar earnings tumble in Q2, first half 2016
Asset-light third-party logistics provider Landstar System posted a net income of $61.5 million on $1.49 billion in revenues for the first half of 2016, decreases of 12.8 percent and 8.8 percent, respectively, compared with the same 2015 period.
Containership damaged transiting expanded Panama Canal
The 8,530-TEU CSCL container vessel Xin Fei Zhou scraped its side against the wall of one of the recently inaugurated locks of the important Central American waterway, according to a report from the Associated Press.
GRI Roundup: Maersk, CMA CGM, Hapag-Lloyd, OOCL and MOL
Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, OOCL and MOL issued rate increases on various trades.
TMS takes Aaron’s from ‘primitive’ to modern state
The nationwide lease-to-own retailer started using Cloud Logistics’ transportation management system over a year ago due to its network complexity, and has reaped the benefits of reporting tools and faster tendering.