The Belgian port, which has been seeing a surge in ultra large containerships, handled 5 million TEUs during the first half of 2016, weighing 59.8 million metric tons, a year-over-year increase of 4.4 percent and 3.9 percent, respectively.
Cathay strengthens presence in U.S.
The Hong Kong-based airline is expanding its presence in the United States with the addition of a twice-weekly scheduled landing at Oregon’s Portland International Airport.
ITEM OF THE DAY: HUNTLEIGH SCARF
It’s Bastille Day, but that doesn’t mean you need to wrap yourself in France’s red, white and blue colors. There’s something else that is equally French but even tastier: the macaron. It’s with this in mind that we selected this printed silk macaron scarf from HuntleighCo. as today’s Item of …
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RETAILERS LURE (POTENTIAL) CUSTOMERS INTO STORES WITH POKEMON GO
Pokemon Go didn’t just drive billions of dollars into Nintendo’s market value and help kids get off their butts and moving their legs as they wander around town looking to “get ‘em all” and capture Pokemon characters. Retailers are learning how to sell ‘em all too. The augmented reality game from …
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NPD: OFF-PRICE CONSUMERS ACCOUNT FOR 75% OF APPAREL PURCHASES
Consumers who purchase at off-price retail outlets are a growing group, according to The NPD Group, a market and business information firm. A recent NPD research has found out that off-price buyers now represent two-thirds of all consumers. They are savvy shoppers who comprise 75% of apparel purchases across all retail channels, …
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RETAIL IMPORTS RISE FOR BACK TO SCHOOL
Retailers are amping up for back to school. Import cargo volume at the nation’s major retail container ports should see a small-but-significant increase this month as merchants stock up for the back-to-school season, then see a larger wave in late summer and fall for the holiday shopping season, according to …
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FTR: Class 8 orders remain ‘depressed’
Net orders for North American Class 8 trucks in June fell 8 percent from May and 34 percent compared with June 2015, according to preliminary data from freight forecaster FTR Transportation Intelligence.
HMM signs MOU with 2M Alliance members
Ocean carrier Hyundai Merchant Marine, which has been struggling to turn a profit in recent years, signed a memorandum of understanding with 2M Alliance members Maersk Line and MSC to join their major east-west vessel sharing agreement.
NEWS FLASH: HMM signs MOU with 2M Alliance
Ocean carrier Hyundai Merchant Marine, which has been struggling to turn a profit in recent years, signed a memorandum of understanding with 2M Alliance members Maersk Line and MSC to join their major east-west vessel sharing agreement.
CSX profits continue to suffer from coal decline
The Jacksonville, Fla.-based railway saw second quarter 2016 net earnings drop 19.5 percent to $445 million on revenues that fell 11.7 percent to $2.7 billion compared with the second quarter of 2015.