The ousting of the co-founder of high profile Southern California-based truckload capacity marketplace Cargomatic, often referred to as the “Uber of trucking,” follows drastic staff cuts in March.
Item of the Day: LEMA J Design Cuffs
A shared love for fashion is what got sisters Jenny Benscher and Jill Becker of LEMA J Design through the toughest times of their lives. In the years 2012 and 2013, Benscher and Becker went through a rough phase. Becker lost her daughter, Cara Becker, to leukemia in December 2012 while Benscher’s marriage was on […]
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FABB 2016 Honors Industry’s Best
Everyone was feelin’ FABB at the 27th Annual Fashion Accessories Benefit Ball, held Monday, May 4th at Chelsea Piers’ Pier 60. The event honored Ivanka Trump, Kohl’s Accessories & Jewelry Team and Accessories Magazine’s Merchant’s Hall of Fame. Stay tuned for party photos in another post! The event was attended by over 850 of the […]
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Appointments: John Hardy Announces New Creative Director
Luxury jewelry brand John Hardy has appointed Hollie Bonneville Barden as Creative Director. In this role, Bonneville Barden will lead and oversee the design of John Hardy’s artisan handcrafted collections, including the one-of-a-kind fine jewelry collection, John Hardy Cinta. Bonneville Barden is a gifted fine jewelry designer who joins John Hardy with valuable industry experience. […]
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Marika to Celebrate Yoga Day with the Dodgers
Ever feel like doing yoga after a tense baseball game? Now’s your chance. On June 5th, Marika Activewear, a division of FAM Brands, will be sponsoring Yoga Day. Following a game between the Los Angeles Dodgers and the Atlanta Braves, the stadium will turn into one big special yoga session for beginners, seasoned yogi, stretchers […]
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Oil heads toward first weekly loss in over a month
Crude oil prices are are down about 4.6 percent this week as rising U.S. stockpiles and OPEC production have cushioned the impact of declines in North American output.
HNA Group mulls purchase of Singapore logistics firm
HNA Group Co., the acquisitive owner of China’s fourth-largest airline, has approached the biggest shareholder of CWT Ltd. to express interest in a possible bid for control of the third-party logistics provider.
U.S. trade deficit narrows as imports slump most in seven years
America’s trade deficit shrank 13.9 percent to $40.4 billion in March 2016, the smallest since February 2015, according to figures released by the Commerce Department Wednesday.
Report: COSCO Hope captain could face charges over Port Said fire
Authorities in Port Said, Egypt are considering the arrest of the captain of the 13,100-TEU containership that collided with a crane earlier this week while exiting the port terminal, causing a fire to break out, according to Splash 24/7.
UPS announces $0.78 dividend
The board of directors of United Parcel Service, Inc. declared a quarterly dividend payable June 1, 2016 to shareholders of Class A and Class B stock.