Thursday, November 01, 2012
The Netherlands Authority for the Financial Markets (AFM) granted an exemption to extend the Offer Period for the proposed acquisition of TNT by UPS.
Posted on 11/01 at 09:00 AM
TNT Express •
If you hate paying extra for baggage on flights, you will be unhappy with this news. The Commodity Classification Standards Board (CCSB), a voluntary rules committee representing 845 motor carriers, has passed a ruling that classifies pallets as a commodity subject to density rules and therefore potentially higher rates.
One hallmark in the era of permanent volatility is fluctuating commodity prices: everything from aluminum (variations up to 30 percent in 2012) to zinc (variations up to 25 percent in 2012). The result is endless headaches for people and departments in virtually every industry: the procurement folks buying materials; the logistics and transportation staff moving it; the finance guys forecasting expenses; and even the sales and marketing staff struggling to pass unanticipated cost increases on to customers.
With the presidential election just around the corner, divisive and intentionally misleading partisan talking points on energy have come to dominate the media.
An article in our local newspaper lamented the plight of individuals who live in the suburbs and rely upon bus service to get them to work, often at odd hours. Poor ridership has caused some towns to question the need for increased taxes to subsidize the service, while the metro transit authority cites insufficient revenue.
Wednesday, October 31, 2012
In addition to infrastructure damage, Hurricane Sandy has forced the idling of about 70% of the East Coast’s oil refineries. This does not bode well for the supply of refined oil products as capacity was already quite tight prior to the shutdowns
Posted on 10/31 at 04:09 PM
Supply Chain •
The consumer products industry is undergoing significant change, with "empowered" consumers putting pressure on manufacturers and retailers for greater selection and speed. Traditional forms of consumer outreach are quickly being augmented and, in some cases, replaced by these new ways of communicating, reporting, and promoting.
UPS expects to deliver 527 million packages between Thanksgiving and Christmas, and FedEx expects to deliver more than 280 million packages during that same period.
Posted on 10/31 at 10:02 AM
A confluence of ongoing events, including the debt crisis hitting exports, domestic sales and consumer confidence and imports, which have added to declining trade volumes, has led to a recession being formally declared in the European Union, according to the most recent edition of the Global Port Tracker report.
Tuesday, October 30, 2012
While Hurricane Sandy continues to wreak havoc in the Northeast and Mid-Atlantic regions of the United States, a new focus on risk mitigation is sure to take hold.