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Sadie Keljikian, Express Trade Capital Performance Sports Group Ltd. has filed for bankruptcy protection in the US and Canada. The company announced that it was facilitating a restructuring and sale of nearly all of its assets on Monday morning. Performance,…
Sadie Keljikian, Express Trade Capital Sears and Kmart’s financial position continues to weaken and they may not have the resources to recover. Traditional department stores have suffered an underwhelming year. Analysts attribute the decline to an uptick in online shopping…
Sadie Keljikian, Express Trade Capital The latest issue in the Hanjin Shipping bankruptcy scandal surrounds a lack of insurance on chassis in the US. Chassis provider Flexi-Van Leasing has requested assistance from a federal judge to cancel all its per-diem leasing agreements with…
Sadie Keljikian, Express Trade Capital The trade finance world is all abuzz about blockchain technology, which sources claim will change the industry for the better. Blockchain, a variety of digitized ledger system originally established for Bitcoin, provides a new, simplified way of…
As Hurricane Matthew moves up the coast, port operations along the Southeastern US Coastline may be impacted. Florida: Port Readiness Condition Zulu has been issued by the US Coast Guard (USCG) for South Florida ports. These restriction conditions are in…
Sadie Keljikian, Express Trade Capital South Korean Hanjin Shipping has been the talk of the international shipping industry since the company filed for bankruptcy on August 31st. Shippers all over the world have grappled with declining demand as trade flows…
Sadie Keljikian, Express Trade Capital Chicago may soon have a domestic manufacturing sector to be reckoned with. The opening of the brand new mHUB was announced by Chicago Mayor Rahm Emanuel and is billed as “Chicago’s first innovation center focused…
Exports to Australia: Brown Marmorated Stink Bug (BMSB) Season Australia’s Department of Agriculture and Water Resources has developed measures to manage the 2016-17 brown marmorated stink bug (BMSB) season. In addition to standard import requirements, these measures affect ocean FCL…
Sadie Keljikian, Express Trade Capital Recently, ‘supply chain transparency‘ has become a paramount issue for the American consumer. Manufacturers, as well as some “fast-fashion” retailers, are shifting sourcing strategies to insure that their products are made according to certain environmental and ethical…
Sadie Keljikian, Express Trade Capital This month, Texworld USA celebrated its tenth anniversary at this year’s installment of the fabric sourcing trade show. The event was held July 12th-14th at the Javits Center. “We’ve been working really hard on diversity…