October is expected to be the second-busiest month of the year for the nation’s major retail container ports as merchants stock up for the holiday shopping season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Overstock.com has named Vidya Jwala as svp/demand fulfillment. He will be responsible for overseeing the e-commerce company’s sourcing, merchandising, supply chain and customer care businesses.
The National Retail Federation was among a coalition of 120 organizations representing retailers, manufacturers, agribusinesses and other sectors to send a joint letter to Commerce Secretary Penny Pritzker that outline concerns regarding the ongoing issues with Hanjin Shipping’s recent bankruptcy filing.
The bankruptcy filing in late August by Hanjin Shipping has done little to negatively impact the amount of cargo entering the United States, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.
A ruling from a United States bankruptcy court judge will allow ships from the financially distressed Hanjin Shipping Co. to dock in the United States, but it remains unclear if goods on those ships will be offloaded.
South Korean cargo company Hanjin Shipping filed for bankruptcy Wednesday, August 31, after creditors cut off funding, the Wall St. Journal reported.
As part of its ongoing distribution expansion, Amazon.com plans to open a new fulfillment center in Monee, IL.
QVC has opened a new distribution center in Ontario, California, the company’s first on the West Coast. The one million square foot facility is expected to bring approximately 500 new jobs to Ontario by 2018 and an additional 500 jobs by 2020.
Target has named Preston Mosier as svp/fulfillment operations. He will oversee Target’s direct-to-consumer fulfillment centers, as well as the process improvement, customer experience and product management functions related to direct fulfillment.
Products for the fourth quarter and holiday shopping season continue to flow into the nation’s West Coast ports, with August expected to be the busiest month of the year, according to the National Retail Federation’s Global Port Tracker.
