U.S. consumers plan to spend US$890.49 per person on average this year on holiday gifts, food, decorations and other seasonal items, according to the National Retail Federation’s annual consumer survey conducted by Prosper Insights & Analytics.
The amount is the second-highest in the survey’s 23-year history and falls only 1.3 percent less than last year’s record of US$901.99.
“Americans prioritize spending on loved ones for holidays despite economic uncertainty,” said Katherine Cullen, ...
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Port NOLA recently released the most recent environmental studies related to the Louisiana International Terminal (LIT), located in Violet, Louisiana.
Currently, the project is undergoing the federal permitting process with the U.S. Army Corps of Engineers (USACE), with permits anticipated early next year. Once final permits are obtained, construction of the ...
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The International Maritime Organization (IMO) adjourned the extraordinary session of the Marine Environment Protection Committee (MEPC) on Oct. 17 to consider the adoption of draft amendments to MARPOL Annex VI, including the IMO Net-Zero Framework.
The extraordinary session, which convened Oct. 14, will be reconvened in 12 months’ time. In the ...
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Global logistics provider GEODIS said Oct. 20 that it has launched a Labor Management System (LMS) within its Americas network to bring real-time visibility into workforce effectiveness and cost to serve.
Collaborating with Easy Metrics, the cloud-based warehouse performance management platform, GEODIS has begun implementing the LMS at 90 of its ...
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DHL Global Forwarding, the air and ocean freight specialist of DHL Group, has launched DHL Consolidated Clearance Service for U.S. Imports, a new customs solution tailored to e-commerce and retail businesses.
As U.S. tariff policies evolve and regulatory demands intensify, importers – particularly in fast-moving consumer sectors – face rising costs, ...
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C.H. Robinson harkened the arrival of its Agentic Supply Chain: an intelligent ecosystem that continuously thinks, learns, adapts and acts.
The Eden Prairie, Minnesota logistics provider said it is the most advanced form of artificial intelligence in logistics. It understands context, makes decisions in real time and self-optimizes global supply chains ...
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Container ship owners and operators are extending a pattern of low recycling activity since 2021, as BIMCO estimates a recycling overhang of at least 500 vessels and 1.8 million twenty-foot equivalent units, or TEUS.
“So far this year, only 10 container ships have been recycled, said Niels Rasmussen, chief shipping analyst ...
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BIMCO, the Danish shipping association, has begun development of a clause specifically addressing the new fees introduced on Oct. 14 for U.S.-related ships calling at ports in China.
The Chinese Ministry of Transport said Oct. 10 that it would impose new “Special Port Fees” on ships arriving at Chinese ports if ...
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U.S. trucking activity decreased to its lowest level in three months September, pushing the level down to the lowest in three months, according to the American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index.
Truck freight tonnage declined 0.9 percent after gaining 0.9 percent in August and 1.1 percent in ...
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By Rebeca Grynspan
Following is the foreword for the Review of Maritime Transport 2025, written by Grynspan, secretary general of the United Nations Conference on Trade and Development (UNCTAD).
Not since the Suez Canal’s closure in 1967 has the industry witnessed such sustained disruption to the arteries of global commerce. Ships that ...
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