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Cost of Goods sold is also the determining factor in arriving at gross profit and is determined under the periodic method as follows:Sales--------------------------------- $100,000Cost of Goods Sold Inventory 01/01/03-- $ 5,000 Purchases------------ 45,000 Direct Labor--------- 30,000 _______ 80,000 Less: Inventory 12/31/03----- 10,000 _______ Net Cost of Goods Sold---------------- 70,000 ______Gross Profit on Sales------------------ $30,000


Below, you'll find extensive information on leading contract logistics and products to help you on your way to success.

Lights, Camera, Action! Power Freight Dazzles New Recruits With High Tech Logistics
Power Freight Systems, a premier west-coast third party logistics provider (3PL), proudly announces the firm's spotlight in the Council of Logistics Management (CLM) video, "Supply Chain Management: Careers with a Challenge."Scheduled for release in February 2005, the video aims to shape the future of logistics by reaching a targeted global audience of high school and university students with a behind the scenes look at the field. Power Freight Systems takes center stage as an example of how specialized logistics companies are using cutting edge technology to serve niche markets, while offering exciting, diverse careers to aspiring logistics professionals."Power Freight Systems plays a valuable role in the supply chain," says John Caltagirone, Video Committee Chairperson. "We selected the firm not only out of respect for what they do but also because the audience will benefit from seeing how they operate."CLM is the preeminent nonprofit association for logistics and supply chain management professionals, serving more than 10,000 national members. Power Freight seized the opportunity to work with CLM in its efforts to convey the intensity and growth potential of careers surrounding the Global Supply Chain. "Careers in supply chain management are rapidly evolving," says Malcolm Winspear, Power Freight Systems CEO.

"Our mission to integrate new technologies into a well established industry creates a dynamic work environment for recruits, and creates wonderful opportunities for young professionals in all aspects

Panjiva Research Reveals Manufacturers Benefit from 3D Movie Boom
Avatar’s success extends to technology manufacturers and overseas suppliers of 3D glasses. (PRWeb Mar 9, 2010)

Read the full story at http://www.prweb.com/releases/Panjiva/Avatar_3D_glasses/prweb3698314.htm

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The RFID Network Announces Syndication to 3 Million Viewers, Multi-media Website Launch
After an enormously successful first season, The RFID Network (http://RFID.net) announces syndicated distribution of its video series to over 3 million people, and the launch of its new multi-media website. (PRWeb Mar 9, 2010)

Read the full story at http://www.prweb.com/releases/RFID/RFIDNetwork/prweb3700834.htm

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Allied Now Provides Website Users New Web-Based Tool to Locate Local School Information
Allied Van Lines now offers its website users a new link to an interactive tool that provides specific data about local schools in thousands of communities spanning the United States. Website visitors now have instant access to this tool that assists in the relocation process and choosing an ideal school district. The new access to this tool is useful to people relocating during the busy spring moving season. (PRWeb Mar 9, 2010)

Read the full story at http://www.prweb.com/releases/2010/03/prweb3659034.htm

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Hitachi America, Ltd. Automates Trade Data with Global Data Mining’s Web-based HS Classification System
Desktop tool optimizes trade data and global classifications, saving time and money. (PRWeb Mar 9, 2010)

Read the full story at http://www.prweb.com/releases/2010/03/prweb3700264.htm

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In-Transit Temperatures - New EXPRESS by Cargo Data Retrieves Temperature Data Fast, 5 Seconds from Click to Chart
Decisions can be made quickly - The full chart is available in the palm of your hand. Enhance your traceability and cold chain management (PRWeb Mar 9, 2010)

Read the full story at http://www.prweb.com/releases/2010/03/prweb3694454.htm

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IPdisplays Announces Availability of Next-Gen Video Controller and Web-based Packaged Offerings for LCD and LED Displays
Open interface ddeal for real-time display of mission critical data for contact centers, manufacturing automation and 3PL environments. (PRWeb Mar 8, 2010)

Read the full story at http://www.prweb.com/releases/2010/03/prweb3687794.htm

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TRG Direct Launches Social Networking Site MyFileIdea for Direct-Filers
TRG Direct recently launched MyFileIdea, a social networking site for direct-filers of Customs entries and Importer Security Filing. The forum is a place for International Trade Professionals to engage in conversation regarding the pros and cons of direct-filing. (PRWeb Mar 8, 2010)

Read the full story at http://www.prweb.com/releases/2010/03/prweb3688254.htm

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of logistics. We are honored to be able to work with CLM on this very important project, and eager to help make known the critical role logistic professionals play in today's business environment."View the "Supply Chain Management: Careers with a Challenge" trailer, featuring Power Freight Systems CEO Malcolm Winspear at: http://clm1.org/Website/Career/DVDCareers.asp. About Power Freight Systems, Inc.Headquartered in Northern California, Power Freight Systems provides state of the art warehousing, distribution, and supply-chain management services. Specializing in time-sensitive logistics, Power Freight Systems provides customized solutions to clients who demand maximum reliability and high levels of information visibility. The company services high-tech organizations in the telecommunications, information technology, and medical equipment industries.

Power Freight Systems, 7447A Morton Ave., Newark, CA, USA (800) 577-1060. http://www.powerfreight.comAbout Council of Logistics Management (CLM)Founded in 1963 as the preeminent association for individuals involved in logistics and supply chain management, CLM provides educational, career development, and networking opportunities to its over 10,000 members and to the entire profession. To join or learn more, visit http://www.clm1.org or call (630) 574-0985..


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Panjiva Research Reveals Manufacturers Benefit from 3D Movie Boom
Avatar’s success extends to technology manufacturers and overseas suppliers of 3D glasses. (PRWeb Mar 9, 2010)

Read the full story at http://www.prweb.com/releases/Panjiva/Avatar_3D_glasses/prweb3698314.htm

]]>
The RFID Network Announces Syndication to 3 Million Viewers, Multi-media Website Launch
After an enormously successful first season, The RFID Network (http://RFID.net) announces syndicated distribution of its video series to over 3 million people, and the launch of its new multi-media website. (PRWeb Mar 9, 2010)

Read the full story at http://www.prweb.com/releases/RFID/RFIDNetwork/prweb3700834.htm

]]>
Allied Now Provides Website Users New Web-Based Tool to Locate Local School Information
Allied Van Lines now offers its website users a new link to an interactive tool that provides specific data about local schools in thousands of communities spanning the United States. Website visitors now have instant access to this tool that assists in the relocation process and choosing an ideal school district. The new access to this tool is useful to people relocating during the busy spring moving season. (PRWeb Mar 9, 2010)

Read the full story at http://www.prweb.com/releases/2010/03/prweb3659034.htm

]]>
Hitachi America, Ltd. Automates Trade Data with Global Data Mining’s Web-based HS Classification System
Desktop tool optimizes trade data and global classifications, saving time and money. (PRWeb Mar 9, 2010)

Read the full story at http://www.prweb.com/releases/2010/03/prweb3700264.htm

]]>
In-Transit Temperatures - New EXPRESS by Cargo Data Retrieves Temperature Data Fast, 5 Seconds from Click to Chart
Decisions can be made quickly - The full chart is available in the palm of your hand. Enhance your traceability and cold chain management (PRWeb Mar 9, 2010)

Read the full story at http://www.prweb.com/releases/2010/03/prweb3694454.htm

]]>

More Resources

  Article / Links
Global Institute Of Logistics Votes Tnt Italia As 'best 3pl In Italy'
Following a detailed correlated research and selection process into leading providers of supply chain and third party logistics services in Europe the Institute has put together its choice for Read more...

  Article / Links
Lights, Camera, Action! Power Freight Dazzles New Recruits With High Tech Logistics
Power Freight Systems, a premier west-coast third party logistics provider (3PL), proudly announces the firm's spotlight in the Council of Logistics Management (CLM) video, "Supply Chain Management: Read more...

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