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A figure reflecting the cost of the product or good that a company sells to generate revenue, appearing on the income statement as an expense unto itself. Also referred to as "cost of sales".
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Shipping Division Of R.r. Donnelly Logistics Acquired By Heritage Partners
Heritage Partners Inc., today announced the completed acquisition of the shipping business of R.R. Donnelley Logistics, a unit of R.R. Donnelley & Sons Company (NYSE:RRD). Heritage is a leading private investment firm and the majority shareholder in American Package Express (APX Logistics, Inc.), a leading provider of business-to-Home parcel delivery and supply chain solutions. By joining the operational capabilities and market strengths of the two businesses, APX will create a fully integrated, nationwide delivery network that will service catalog businesses, e-retailers, direct marketing companies, publishers and a variety of parcel shippers. Combined services include delivery for business-to-consumer and retail parcels, books and flats weighing over 20 ounces, as well as reverse logistics (returns management)."With this acquisition we bring APX's leadership as the largest parcel workshare partner with the United States Postal Service together with the customer volume and scale of R.R. Donnelley Logistics' package business. This union strengthens our ability to better serve our customers to meet and exceed their expectations," said Brad Garberich, Chairman and CEO of APX.Mike Gilligan, Managing Partner of Heritage Partners, said, "The complementary nature of the two organizations results in immediate benefits to our customers as the merger of these two organizations provides full-service, end-to-end delivery and returns solutions to shippers in one seamless entity. We are also pleased that the new, larger enterprise further enhances our relationship with a valued partner, the United States Postal Service."Shippers
HighJump Software Showcases Its Manufacturing Execution System With New Video And Whitepaper
A leading provider of manufacturing execution software for discrete manufacturers has produced an online video and whitepaper explaining the benefits of a 'paperless' shop floor. (PRWEB Nov 18, 2008)
Read the full story at http://www.emediawire.com/releases/2008mes/11software/prweb1617804.htm ]]>
Window Book is Certified for MAIL.XML 4.0 and FAST
The USPS has certified Window Book's Mail.XML 4.0 technology used in its DAT-MAIL and Post Master mailing software for FAST appointment scheduling. This technology is for easily and accurately scheduling Drop Ship and Origin appointments online with the U.S. Postal Service. (PRWEB Nov 18, 2008)
Read the full story at http://www.emediawire.com/releases/MailXML/FAST/prweb1614264.htm ]]>
Imarda Announces a Major Vehicle Tracking System Deal With Boral
Imarda has made a deal with Australian Construction Conglomerate Boral for further implementation of their leading vehicle tracking system. The deal follows Boral's improved productivity and cost savings since introducing the system. (PRWEB Nov 18, 2008)
Read the full story at http://www.emediawire.com/releases/vehicle-tracking/system/prweb1615934.htm ]]>
Perth Leadership Institute Issues White Paper on Corporate Governance Reforms’ Adverse Impact on Credit Crisis
White Paper Concludes Sarbox Actually Increased Systemic Financial Risk and Reduced Good Business Judgment (PRWEB Nov 18, 2008)
Read the full story at http://www.emediawire.com/releases/2008/11/prweb1630184.htm ]]>
have been under growing pressure from increasingly savvy consumers to reduce shipping costs while ensuring reliable, quality delivery with transparent tracking capability and complete pipeline visibility. APX and RR Donnelley Logistics have been industry leaders in developing systems to provide expedited delivery at the lowest possible cost with full custodial control, as well as for advanced tracking and customer information management.Heritage Partners, Inc., with $1.4 billion in capital under management, is the leading private investment firm specializing in the acquisition and equity-based recapitalization of private, family owned businesses. Since 1987, the Partners have assembled a diversified portfolio of forty-eight investments with aggregate revenues approaching $3.5 billion.The largest parcel work-share partner of the Unites States Postal Service (USPS), American Package Express collects, processes, sorts, tracks and expedites the shipping of business-to consumer and retail parcels, books and bound printed matter, flats and other classes of mail, and provides complete reverse logistics (returns management). Through its leading parcel work-share partnership, APX maximizes the unique strength of the US Postal Service in providing reliable, low cost residential delivery six days a week, while allowing complete custodial control and a suite of tracking and data management systems. APX Logistics, Inc. is headquartered at 9939 Norwalk Boulevard, Santa Fe Springs, CA 90670. For more information please call (562) 906-6300 or visit www.shipapx.com.Contact: Darwin Falk866-SHIPAPX (744-7279).
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HighJump Software Showcases Its Manufacturing Execution System With New Video And Whitepaper
A leading provider of manufacturing execution software for discrete manufacturers has produced an online video and whitepaper explaining the benefits of a 'paperless' shop floor. (PRWeb Nov 18, 2008)
Read the full story at http://www.prweb.com/releases/2008mes/11software/prweb1617804.htm ]]>
Imarda Announces a Major Vehicle Tracking System Deal With Boral
Imarda has made a deal with Australian Construction Conglomerate Boral for further implementation of their leading vehicle tracking system. The deal follows Boral's improved productivity and cost savings since introducing the system. (PRWeb Nov 18, 2008)
Read the full story at http://www.prweb.com/releases/vehicle-tracking/system/prweb1615934.htm ]]>
Window Book is Certified for MAIL.XML 4.0 and FAST
The USPS has certified Window Book's Mail.XML 4.0 technology used in its DAT-MAIL and Post Master mailing software for FAST appointment scheduling. This technology is for easily and accurately scheduling Drop Ship and Origin appointments online with the U.S. Postal Service. (PRWeb Nov 18, 2008)
Read the full story at http://www.prweb.com/releases/MailXML/FAST/prweb1614264.htm ]]>
Perth Leadership Institute Issues White Paper on Corporate Governance Reforms’ Adverse Impact on Credit Crisis
White Paper Concludes Sarbox Actually Increased Systemic Financial Risk and Reduced Good Business Judgment (PRWeb Nov 18, 2008)
Read the full story at http://www.prweb.com/releases/2008/11/prweb1630184.htm ]]>
New Shipping Option Available for Ebayers in Hawaii and Alaska
State Residents to save money with package forwarder (PRWeb Nov 18, 2008)
Read the full story at http://www.prweb.com/releases/2008/11/prweb1625424.htm ]]>
New Optimization Software Helps Companies of All Sizes Slash Fuel and Distribution Costs
Profit Point's territory planning and vehicle routing applications now tailored to meet the needs of both small and large companies. Regional, national and international distributors find cost reductions by reorganizing territories and vehicle routes using advanced optimization software. (PRWeb Nov 17, 2008)
Read the full story at http://www.prweb.com/releases/territory-planning/vehicle-routing/prweb1614544.htm ]]>
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Investing In Logistics And Wholesaling Management
By Jonathon Hardcastle
Logistics and Wholesaling Management are considered today of vital importance if one studies closely NAVISTAR and UPS, two well-established companies that have introduced logistics as their main Read more...
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Kenneth B. Ackerman Named Chairman Of Global Institute Of Logistics
The Global Institute of Logistics, which sets standards for supply chain, distribution and logistics companies across the world, has appointed a new chairman. He is Kenneth B. Ackerman, the Read more...
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