Macy’s to layoff nearly 1,000 at Connecticut fulfillment center
The retailer is shuttering operations at two Cheshire sites, starting March 14.
The retailer is shuttering operations at two Cheshire sites, starting March 14.
The footwear maker expects selective price hikes, supply chain efficiencies and growth in the Asia-Pacific region to soften the impact.
The terminal, developed by a consortium of Hutchison Ports, CMA Terminals, and Cosco Shipping Ports, aims to capture increasing east-west trade and is integrated with Egypt’s expanding transport network.
The levies, effective Jan. 15, do not cover products used for data centers and consumer applications, per a proclamation signed Wednesday.
The weekly loop, known as the ME11 for Maersk and the IMX for partner Hapag-Lloyd, would join Maersk’s MECL service and CMA CGM’s Indamex among major carriers in resuming transits through the Red Sea and Suez.
The pharmaceutical giant said it will build production facilities in North Carolina and Pennsylvania as part of its broader $55 billion investment commitment.
Data center construction in the US has more than doubled since 2023, helping to counterbalance slower construction of warehouses, notes Jason Miller.
The rapidly unfolding situation in Iran and threatened US military action there is posing a “real and significant” risk that attacks on merchant shipping in the region will resume, according to the head of the Global Shippers’ Forum.
The facility will cease all operations after the retailer completes layoffs, which are set to begin March 14.
Tailwind Shipping, which emerged during the pandemic as a vessel operating arm of retailer Lidl, has enabled booking and shipment management tools within , the widely used forwarding software platform.