Iconic department store group Saks files for bankruptcy protection
Saks, one of the most famous retailers in the world, has sought Chapter 11 bankruptcy protection as it seeks to establish “a strong and stable future”.
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Saks, one of the most famous retailers in the world, has sought Chapter 11 bankruptcy protection as it seeks to establish “a strong and stable future”.
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Ocean Network Express (ONE) has issued a further update regarding the fire incident onboard the vessel ONE HENRY HUDSON, which remains berthed at Yusen Terminal (YTI) at the Port of…
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Fashion and homewares retailer N Brown has announced the appointment of Natalie Rogers to a newly created role of chief operating officer.
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Hong Kong customs has arrested 62 people and seized about 1.4 tonnes of suspected drugs worth roughly HK$431 million (US$55.27 million) in a major crackdown at the city’s airport, carried…
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We stand at a fascinating crossroads. The old world of customer service feels clunky. Hold music and endless transfers grate on our nerves. A new era is dawning. It’s quiet,…
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One-year contracts accounted for only 24% of new deals in Q4, Xeneta reported.
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Oversized cargo forwarders deugro successfully completed the global rollout of TMS CargoWise in December 2025, featuring comprehensive technological enhancements. The company believes this is a milestone in delivering consistent, high-quality…
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U.S. warehouse construction has stopped declining, but high costs and tight financing are still holding back new development, according to a report from Interact Analysis.
Lire la suite →The two-day Driver Legitimacy Summit will convene in Atlanta on Feb. 5-6 to address risks to the industry posed by unauthorized and fraudulent commercial truck drivers. The post Driver Legitimacy…
Lire la suite →After a six-month pilot, the Reading, Pennsylvania–based logistics provider is rolling out an agentic AI platform from Augment across its operations, heralding in a deeper commitment to applying artificial intelligence…
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Temu has sprinted to the top of the leader board of e-commerce retailers selling in overseas markets. The post Temu challenges Amazon for cross-border e-commerce dominance appeared first on FreightWaves.
Lire la suite →Mark Carney is the first Canadian leader to visit China in eight years.
Lire la suite →Running a successful supply chain operation requires countless moving parts working in harmony. But one element often gets overlooked until something goes wrong: the vehicles that keep everything moving. Your…
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PSA International Pte Ltd (PSA) achieved a new global milestone in 2025. The Group handled a record 105 million TEUs across its ports and terminals worldwide for the year ended…
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The proposed change, slated for July 12, could expose more shipments to noncompliance fees if they fail to include accurate length, width and height figures.
Lire la suite →Container lines are set for “a year of reckoning”, following alleged pandemic-era indiscretions, as a surge of new tonnage hits the already capacity-rich market and combines with an unstable global…
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Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according to people familiar…
Lire la suite →If you were too obsessed with watching Game of Thrones, you might not know how the planet is inundated with cryptocurrencies. The California Gold Rush makes people run for the…
Lire la suite →The Suez Canal Authority says a cargo ship that ran aground at the northern entrance to the waterway does not pose a risk to shipping, as the organisation eyes increasing…
Lire la suite →The announcement that UPS is restructuring – cutting tens of thousands of jobs and closing scores of facilities – could come as something of a shock; but it shouldn’t be for…
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