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Yang Ming settles another shipper dispute privately

Yang Ming Marine Transport has reached an out-of-court settlement with US gourmet food producer MSRF after the latter complained to the US Federal Maritime Commission.In…

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August 29, 2023
Kohl’s cuts inventory by 14% as it prioritizes discipline

Dive Brief: Kohl’s has made progress in its campaign to rein in stock levels, with inventories down nearly 14% YoY to $3.5 billion in Q2,…

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August 29, 2023
South Africa extends rail commodity agreement with Mozambique

South Africa’s Transnet Freight Rail (TFR) and Caminhos De Ferros De Mocambique (CFM) have announced the extension of their agreement to run trains transporting commodities…

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August 29, 2023
Florida legislators present JAXPORT with US$30 million check

Florida Legislators presented JAXPORT with a US$30 million check during the port’s monthly Board of Directors meeting. The funding will be used to purchase two…

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August 29, 2023
Dollar General opens first dual distribution center

Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Dollar General held the grand…

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August 29, 2023
Transnet in talks with Brics bank for R18bn loan

Transnet has confirmed that it is in discussions with several financial institutions, including the Brics New Development Bank (NDB), regarding funding for its capital projects.…

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August 29, 2023
FIT launched a new ONE service connecting the US with Latin America

Florida International Terminal (FIT) has announced that it will begin serving the new FLX refrigerated cargo service at the end of September.It will connect Callao…

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August 29, 2023
Guess aims to shrink inventories by 10% this year

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Guess will end its fiscal…

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August 29, 2023
Trucking chaos at Port of Richards Bay deteriorates

The chaos of the trucking situation in Richards Bay has become so bad that even Eskom cannot service National Key Points (NKPs) because of ore…

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August 29, 2023
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