Business
Swiss watch exports are in their longest slump since monthly records began in 1988 after lower shipments to Hong Kong led a decline in September.
Exports dropped 5.7% to $1.7 billion.
“We’re seeing export data flatten out, but there’s no trend reversal apparent,” said Alessandro Migliorini, an analyst at Mirabaud Securities LLP. “Hong Kong is very weak.”
For the second month this year, Swiss watch exports to the U.S. exceeded those to Hong ...
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A strategic partnership with the USC Marshall Center for Global Supply Chain Management aimed at improving the global competitiveness of the nation’s supply chains was signed by U.S. Commerce Secretary Penny Pritzker on October 14 at the University Park campus.
“Through this new partnership, we hope ...
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At the close of the 2016 fiscal year (FY16), the Panama Canal Authority (ACP) recorded the third-highest annual tonnage in its history, welcoming 330.7 million Panama Canal tons (PC/UMS).
A total of 13,114 vessels transited the Panama Canal during the fiscal period from Oct. 1, 2015 ...
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Port of Long Beach container volumes declined 16.6% year-over-year in September, as the effects of the Hanjin bankruptcy reached West Coast ports.
Longshore workers moved 546,805 TEUs last month. This included 282,945 TEUs in imports, down 15% from September 2015, a month which capped off the ...
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Rickenbacker’s Foreign Trade Zone #138 is tops in the nation for the total value of textiles and footwear imported into the U.S. through FTZs in 2015, moving more than $6.2 billion out of the nation’s total $8.9 billion in that category.
David Whitaker, Columbus Regional Airport ...
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Mazda Motor Corporation announces that it will increase the annual production capacity of the engine assembly plant at Mazda Powertrain Manufacturing (Thailand) Co., Ltd. (MPMT) in Chomburi, Thailand, to 100,000 units in the first half of 2018. The company also announced a plan to construct ...
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Foreign Trade Zone No. 62 at the Port of Brownsville ranks second in the nation for the value of exports (shipments to foreign countries) during 2015 according to the U.S. Foreign-Trade Zones (FTZ) Board’s annual report to Congress released Thursday, September 15, 2016.
Dorchester County, South ...
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In light of the recent bankruptcy filing by Hanjin Shipping, The Port of Virginia has updated its policies and processes regarding the movement and loading of Hanjin vessels and containers.
The following policy is effective as of Sept. 1, 2016:
The port will not load any cargo ...
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South Korea's Hanjin Shipping Co., one of the largest shipping companies in the world, announced the bankruptcy filing on August 31. The move is causing havoc around the world.
Effective immediately starting August 31, the Port of Virginia is not accepting any inbound Hanjin cargo (freight ...
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Ten years ago, C.H. Robinson and Western Growers formed the Western Growers Transportation Program to provide supply chain solutions for fresh produce growers in North America. To celebrate the anniversary of this program, C.H. Robinson and Western Growers hosted a Giving Day on August 24, 2016, across the ...
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