The Commerce Department on Wednesday has preliminary determined that antidumping duties should be assessed on imports of large residential washing machines from China.
Dunavant establishes logistics leasing entity
The Memphis, Tenn.-based logistics company formed a new division, Dunavant Logistics Leasing Group, providing equipment throughout the Continental United States, Alaska, Hawaii and the Caribbean.
NEWS FLASH: Port of Philadelphia gains new CEO
The Philadelphia Regional Port Authority’s board of directors has named Jeff Theobald as its new chief executive officer, replacing James T. McDermott, Jr.
ITEM OF THE DAY: EMBELLISHED TRUTH CLUTCHES
With the Wonder Woman movie reboot coming Spring 2017, strong, tough women are going to be very much in vogue (if they aren’t already!). As are bold jewelry cuffs that make a statement. So we were particularly taken with these statement clutches by London-based Embellished Truth, which seem to fuse both …
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MACY’S LAUNCHES ARTIFICIAL INTELLIGENCE MOBILE TOOL
Macy’s is going into Artificial Intelligence, or AI, with its new “Macy’s On Call” pilot. This mobile web tool allows customers to interact with an AI-powered platform via their mobile devices. The pilot will be tested in 10 locations nationwide. “Macy’s On Call” taps IBM Watson’s “cognitive computing,” via Satisfi, an …
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EUROMONITOR STUDY: JEWELRY WORTH $316 BILLION WORLDWIDE
According to a new study by research firm Euromonitor, jewelry is the best performing personal accessories category with sales worth $316 billion in 2016. It is also the fastest-growing segment within the personal accessories industry with 3% growth be…
TARGET TO BOOST SMALL-STORE FORMAT
Target is discovering that bigger isn’t always better. In fact, it’s continuing to “think petite.” The mass retailer, which has 1,790 stores across the country, continues to open doors in urban areas with a small-store format dubbed TargetExpress. Case in point: Target today opened one in the Forest Hills area of …
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Marten Transport’s Q2 EPS surpass’s expectations
The temperature-sensitive truckload carrier posted earnings per share of $0.26 per share, exceeding the street consensus and Stifel’s estimate of $0.25 per share.
ATA: Truck tonnage index comes back down in June
The seasonally adjusted For-Hire Truck Tonnage Index equaled 137.2 for the month, down 1.5 percent from May but up 2.1 percent compared with June 2015, following a 2.9 percent increase the previous month, according to the American Trucking Associations.
North American freight market ticks up in June
Shipment volumes and expenditures both increased compared with the previous month after three months of lackluster performance, but still remained well below 2015 levels, according to the latest Cass Freight Index Report.