Apparel firm picks Chattanooga-based Kenco for logistics
Fanzz, one of the largest sports apparel and merchandise providers in the United States, has selected the Chattanooga-based Kenco Logistics to provide logistics services from its 60,000-square-foot facility in Salt Lake City, Utah.
Kenco will provide inbound transportation management, distribution to retail and direct-to-consumer, and parcel solutions across 120 Fanzz retail stores throughout the U.S. and online.
“We strongly believe that integrating with Kenco will turn one of our perpetual challenges as a company into a strength,” said Darren Squires, president of Fanzz. “Kenco’s expertise and infrastructure will allow us to build a long-term logistics strategy far more robust than we could have otherwise done.”
Consumer Financial Protection Bureau director to resign
Richard Cordray will resign as director of the Consumer Financial Protection Bureau by the end of the month.
The Obama appointee aggressively took on the banking industry. His resignation will give President Trump a chance to appoint his own leader of the powerful agency, someone who could roll back the protections Cordray and his staff put into place in the CFPB’s first years.
U.S. denies delays for Mazda, Ford
The U.S. government has denied requests from Ford and Mazda for more time to test Takata air bag inflators as the companies try to avoid massive recalls.
Both automakers petitioned safety regulators to escape recalls involving more than 3 million vehicles with Takata inflators.
Coal boss confirmed as mine regulator
The Senate on Wednesday narrowly approved President Donald Trump’s selection of a retired coal company executive to oversee U.S. mining safety.
David Zatezalo was confirmed as assistant labor secretary for mine safety and health by a 52-46 vote.
Zatezalo, of West Virginia, retired in 2014 as chairman of Rhino Resources, a coal company cited for repeated safety violations. A miner died at a Rhino mine in West Virginia in 2011.
Zatezalo said at his confirmation hearing last month that safety will be his top priority, noting that he replaced the managers of the mine where the employee died.
Sen. Joe Manchin, D-W.Va., opposed Zatezalo’s confirmation, saying he was not convinced Zatezalo was suited to oversee the federal agency that implements and enforces mine safety laws and standards.
“Too many families in our state have lost loved ones serving our nation in the mines, and we are too familiar with the painful human toll of mining accidents,” Manchin said.
Media giants accused of World Cup bribe
Media giants Globo and Televisa teamed with a marketing firm to make a $15 million bribe to a FIFA executive to help them secure lucrative broadcasting rights to the World Cup in 2026 and 2030, the marketing company’s former CEO testified Wednesday.
Alejandro Burzaco implicated the two broadcasters in a New York courtroom during the trial of three former South American soccer officials accused of taking bribes in exchange for their help securing broadcasting and hosting rights for tournaments.
Burzaco testified the deal was struck with longtime FIFA finance committee chairman Julio Grondona at a 2013 meeting in Zurich, Switzerland. FIFA is global soccer’s governing body.