Choi Eun-young, a former chairwoman of struggling South Korean ocean carrier Hanjin Shipping, is not seen as a flight risk and has pledged to cooperate in the insider trading investigation, according to multiple media reports.
Veteran administrator to head Lamar University port program
Lamar University in Beaumont, Texas is offering a new master’s program in port management, and recently named veteran port administrator Erik Stromberg to lead its new Center for Advances in Port Management.
10 MINUTES WITH… DANIELLE DIFERDINANDO, DESIGNER AND PRESIDENT, DANIELLE NICOLE
Breakfast at The Plaza with Disney princesses and Tinker Bell? Sounds like every girl’s dream, which designer Danielle DiFerdinando made true last week when she hosted an event to launch her new co-branded handbag partnership with Disney. In addition to the partnership, Danielle was also named one of Forbes Magazine’s 30 …
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JOHN HARDY TO OPEN THREE BRICK AND MORTAR LOCATIONS IN U.S.
While brick and mortar retail locations have been struggling, the upscale Balinese jewelry brand John Hardy is moving ahead with three new store locations in the works. The first is set to open in Houston, Texas in September, followed by a flagship location in New York City’s Soho district in …
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KOHL’S TO DONATE $1 MILLION TO JUNIOR ACHIEVEMENT OF WISCONSIN
Kohl’s has pledged to donate an impressive $1 million to Junior Achievement of Wisconsin (JA), rolling out over the next three years. The money will be raised through the Kohl’s Cares program, an initiative that sells children’s books and soft toys where 100 percent of the net profit are donated …
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Beira Port prepares for higher corn volumes amid drought
Ports throughout southern Africa are preparing for record imports of corn, used to make a staple food, after an El Nino weather pattern caused widespread drought, obliterating crops in the region.
FedEx accused of using corporate identity to hide drug trafficking
Parcel carrier FedEx Corp. not only knew it was transporting illegal drugs, but deliberately evaded the U.S. Drug Enforcement Administration, Assistant U.S. Attorney John H. Hemann said Monday in his opening statement.
Hanjin, HMM stock ticks up on merger speculation
Shares of struggling South Korean container carrier Hanjin Shipping increased the most in a week following statements from a government official that indicated a merger with fellow state-run line Hyundai Merchant Marine could be on the table after all.
Manitoulin Global acquires temperature-controlled logistics specialist
Third-party logistics provider Manitoulin Global Forwarding’s purchase of Vaughan, Ontario-based M.A.P. International Freight will enable the company to offer a full suite of international freight forwarding services.
Mainfreight expands U.S. footprint
As part of its ongoing expansion in North America, Mainfreight has recently added to new warehouses at Newark, N.J. and Dallas.