News: Third-gen iPad shipping times drop to 5-7 days
The shipping wait time for new third-generation iPad orders from Apple’s online store has dropped once again. A check of the store now shows that all models—including both black and white variants of either Wi-Fi or Wi-Fi + 4G models, across all capacities—are now listed as shipping within 5-7 business days, down from 1-2 weeks. Notably, this applies to the US and Canada stores; a quick check of ...
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STOCKS NEWS SINGAPORE-CIMB downgrades container shipping sector
CIMB Research downgraded the regional container shippingsector to neutral from trading buy after a transPacific ratehike expected on May 1 did not happen and spot rates began tofall. CIMB lowered its rating ...
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Global E-Commerce: Unique Capabilities Required
Over the next few years, the growth in online retail sales in markets such as Western Europe, Asia Pacific and Latin America is expected to outpace U.S. growth. Given this increase in cross-border e-commerce, many retailers are rushing to reach new markets. However, the unique circumstances of international shipping call for unique systems and process capabilities.
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FTR Shippers Conditions Index steadies in March
NASHVILLE , Ind. — FTR Associates’ Shippers Conditions Index (SCI) for March did not show much change from the previous month. The index currently stands at -5.3, representing a moderately unfavorable condition that is expected to persist until the onset of the busy fall shipping season.
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STOCKS NEWS SINGAPORE-Midas falls on Q1 profit warning
Shares of Midas Holdings, which supplies aluminiumcomponents to trains in China, shed as much as 8.5 percent afterthe company forecast a significant drop in quarterly net profit. Midas shares fell to S$0.325, ...
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