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The revenue from merchandise sold must be matched with the cost of goods sold. Cost of sales or cost of goods sold is the identification of the cost of those items sold in the most recent accounting period. It can be done by specific identification, taking inventory, or different methods using estimates such as the "retail" method.
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Bnsf Logistics Makes Strategic Acquisition
SPRINGDALE, AK May 04, 2004 -- BNSF Logistics, LLC, today acquired Rite Choice Transport, a Roland, Oklahoma third-party logistics (3PL) company that specializes in serving the perishables and refrigerated market. Terms of the acquisition were not disclosed.Rite Choice will be operated as a unit within BNSF Logistics' Transportation Execution Services (TES) business, which serves customers from coast-to-coast. Penny Wright, one of the former owners of Rite Choice, joins BNSF Logistics as Manager of Operations, reporting to Mica Jordon, Director of TES, South. Eric Wolfe, Vice President and General Manager, BNSF Logistics, said, "The acquisition of Rite-Choice further demonstrates our commitment to align BNSF Logistics
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with what our customers are demanding. We are pleased to add Rite Choice's experience in the perishables and refrigerated market to our service offerings." BNSF Logistics, which is an indirect wholly owned subsidiary of Burlington Northern Santa Fe Corporation (BNSF) (NYSE: BNI), provides customers with a comprehensive set of supply chain solutions ranging from management and execution of single shipment transactions to daily management of complex distribution and sourcing networks. For more information about BNSF Logistics, visit their website at www.bnsflogistics.com. Contact: Richard Russack at (817) 867-6425. .
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Macau.com Partners with the Freight Summit as Official Travel Company
MACAU.COM, the leading online destination marketing and travel company in Macau, is the official online travel company for The Freight Summit for the second consecutive year. (PRWeb September 08, 2010) Read the full story at http://www.prweb.com/releases/2010/09/prweb4467644.htm ]]>Process & Power to Offer Workshop on Optimizing Compressed Air Systems...
Memphis-based Process & Power, a leading compressed-air solutions provider serving the Mid-South region, is presenting a one-day workshop on "How to Optimize Compressed Air Systems". The workshop will...(PRWeb September 08, 2010) Read the full story at http://www.prweb.com/releases/2010/09/prweb4474054.htm ]]>Fifth Gear Partners with Slingshot SEO for Marketing Services
Ecommerce Order Fulfillment Provider Now Offers Search Engine Optimization to Retail Clients(PRWeb September 08, 2010) Read the full story at http://www.prweb.com/releases/FifthGear/SlingshotSEO/prweb4474784.htm ]]>Ahern and Associates Hired by National 3PL, ParcelPort for Dual...
Third party logistics provider, ParcelPort has engaged Ahern and Associates to further their logistics and warehousing acquisition strategy.(PRWeb September 08, 2010) Read the full story at http://www.prweb.com/releases/2010/09/prweb4474904.htm ]]>Datatech SmartSoft Completes Acquisition of Web Storefront and Print...
Datatech SmartSoft Inc., (<a href="http://www.smartsoftusa.com" onclick="linkClick(this.href)">www.smartsoftusa.com</a>) a leading player in the address correction and mailing software industry, today...(PRWeb September 08, 2010) Read the full story at http://www.prweb.com/releases/2010/09/prweb4476054.htm ]]>One Network Enterprises Delivers Transportation Now On-Demand...
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Inc. Magazine Unveils Its Fourth Annual Exclusive List of America's Fastest-Growing Private Companies--the Inc. 5000(PRWeb September 07, 2010) Read the full story at http://www.prweb.com/releases/2010/09/prweb4464374.htm ]]>PowerSteering Software to Present at Upcoming Process Excellence...
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Varsity Logistics Completes Usps Manifest Analysis And Certification
San Francisco, Calif. (ContentDesk) August 17, 2005 -- Varsity Logistics™, Inc., the leader in integrated shipping solutions for the IBM iSeries, today announced the successful completion of Read more...
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Electronic Logistics - The Money Saving Solutions
By Rossen Iankov
The concept of conventional logistics covers all activities relating to the procurement, transport, transhipment and storage of goods. Logistics as generally understood is concerned particularly with Read more...
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