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Retail imports to increase 2.3% in January under looming threat of port strike
Washington -- Import cargo volume at the nation’s major retail container ports is expected to increase 2.3% in January over the same month last year as retailers continue to urge labor and management to avoid a strike at East Coast and Gulf Coast docks, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. A strike would close 14 ports from Maine to Texas where nearly 15,000 dockworkers handle 40% of the nation’s ocean cargo.
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Lowe’s gets smart about water heaters
ASHLAND CITY, Tenn. — Lowe’s is teaming up with American Water Heaters to offer homeowners the ability to remotely control their water heaters from their smart phones or tablets.
Iris is Lowe's exclusive smart home solution allows homeowners to monitor and control virtually everything in the home, including Energy Smart electric water heaters, which will feature Iris-compatible control modules. Homeowners can use the controls to set water temperatures and select operating modes, including the "Vacation" mode.