Air freight volumes were up slightly in September according to the IATA, with freight tonne kilometres (FTK) 1.0% higher compared to a year ago. This was a small improvement on August, when volumes were broadly stable year to year, however, ...
Tags: Air Freight, world trade
Despite expectations of a seasonal pickup in the Medium Range tanker market in the Americas in the fourth quarter -- particularly from November onward -- charterers were able to pressure freight rates lower Wednesday, with Medium Range ...
Tags: Freight Rate, USGC-Europe, LR1 tanker
US-based agribusiness company Archer Daniels Midland Company (ADM) has completed the acquisition of some assets of Eaststarch C.V., which is ADM’s 50-50 joint venture with Tate & Lyle. Tate& Lyle is a UK-based agribusiness which ...
Tags: ADM, corn wet milling, Corn business
Luxembourg-based glass and metal products firm Ardagh Group is delaying its previously planned initial public offering (IPO) for its wholly-owned subsidiary Oressa citing challenging IPO market conditions. Announced in June this year to ...
Tags: glass, metal products, metal can packaging
The Obama administration on Tuesday said it will continue to process TransCanada's application for a permit to build the Keystone XL pipeline, even as it considers the company's request to suspend the review. "We would like to finish this ...
Tags: Obama, Keystone XL pipeline, crude
The IATA reports that air freight volumes were broadly unchanged in August compared to a year ago, with freight tonne kilometres 0.2% higher. The August data shows a pause in earlier declines in air freight volumes, consistent with ...
Tags: Air Freight, air freight volumes
In the wake of several foodborne illness outbreaks in the US, the country's watchdog has finalized two rules that requires firms to identify food safety risks and detail measures to prevent or minimize such risks from occuring. ...
Tags: Food Safety Risks, US Watchdog
For the second fiscal quarter of 2016 ended August 1, 2015, net sales at apparel marketer Gap Inc went down 2 per cent impacted by translation of net sales in foreign currencies into US dollars. For the three months to August 1, 2015 Gap ...
Tags: foreign exchange, Gap, Currency Impact
China's producer prices continued to fall in July, pointing to looming deflation risk, data from the National Bureau of Statistics (NBS) showed on Sunday. The producer price index (PPI), a measure of costs for goods at the factory gate, ...
Tags: PPI, PPI contraction
Sherwin-Williams announces the launch of the ProBuy+ app, a one-stop destination providing professional painting contractors easy access to product savings, store locations, product data sheets and other tools needed to run their business ...
Tags: chemicals, coating, paint pigment, architectural coatings
According to JDA Software Group, its 35 JDA customers have been named to the ‘Apparel Top 50 for 2015’ list. “These JDA customers include American Eagle Outfitters, Chico’s, Christopher & Banks and New York & ...
Tags: JDA, apparel and clothing
There is some good news for garment factory workers. G7 leaders meeting in Bavaria have agreed to establish a new fund to help improve the global supply chain in the wake of the Rana Plaza disaster in Bangladesh in 2013 in which 1,137 ...
Tags: Garment Industry, Insurance Fund
GT Nexus and trade finance solutions provider SeaburyTFX announced today a new funding program that leverages big data on the GT Nexus platform to deliver suppliers access to low cost capital. The program opens the flow of capital into ...
Tags: GT Nexus Tool, SeaburyTFX
Genesco Inc. reported earnings slid 29.3 percent in its first quarter to $9.9 million, or 42 cents a share. Earnings, adjusted for one-time gains and costs, were 51 cents per share, falling well short of Wall Street's consensus estimate of ...
Tags: Genesco, Wall Street Targets
For first-quarter 2015, Ascent Solar Technologies Inc of Thornton, CO, USA - which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules integrated into off-grid applications and its EnerPlex ...