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Microsoft Corp. moves to purchase the professional networking company, LinkedIn, for $26.2 billion.

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Ray Greer Named BNSF Logistics President

Burlington Northern Santa Fe recently announced that Ray Greer has been named president of BNSF Logistics, a subsidiary of BNSF.

“Thanks to the outstanding efforts of the existing BNSF Logistics team, the company has grown from a domestic transportation management company to an international third party logistics provider well positioned to capitalize on future growth and investment opportunities to serve the global supply chain,” said Matt Rose, BNSF’s chairman and chief executive officer. “Ray is an experienced and proven logistics leader and will be a great addition to the growing BNSF Logistics team.”


Eaton Corporation Hires New Marketing VP

Eaton Corporation recently named John Coll vice-president of global marketing for the Vehicle Group. Most recently, Coll was director of sales for Eaton’s Truck business in North America.


Exel to Lay Off 69 at Ohio Distribution Center

Exel, a logistics company, is laying off 69 people at a Chrysler distribution center in Ohio.  Most of the layoffs are interstate truck drivers who carried Chrysler parts from the center to dealers in various states.  The distribution center will remain open but will be operated by another logistics company, Dedicated Logistics Inc., as of April 4. 


Arrow Electronics Launches New Reverse Logistics Service

Arrow Electronics, an electronic components and computer products distributor, recently launched a reverse logistics service for the electronics industry under the brand name ReSolve. The new offering is a result of Arrow’s acquisition last May of reverse logistics provider Converge. Converge was launched as an electronics component distribution provider but later expanded into reverse logistics and service parts management. The service will continue to be offered under the Converge brand, while ReSolve will provide service parts management and product returns management services for contract manufacturers and original equipment manufacturers.


RedPrairie Aquires SofTechnics

RedPrairie Corp., a transportation, inventory, and workforce productivity software developer, recently annouced that it had acquired SofTechnics, a provider of retail enterprise solutions. Terms of the transaction were not disclosed. RedPrairie said in a statement that the acquisition will allow it to expand its existing retail platform.


Phillips Industries Promotes Rob Phillips to VP, Global Operations

Phillips Industries has promoted Rob Phillips to vice-president of global operations. He started with the company 15 years ago and introduced lean disciplines and increasing employee participation in problem-solving to improve production levels at all Phillips operations.


New Breed Selected to Support Boeing Aircraft

The Boeing Company has selected New Breed Logistics to support the manufacturing and final assembly operations of the 787 Dreamliner aircraft in Charleston, South Carolina.

“We are focused every day on providing superior solutions and excellent execution for Boeing,” said Louis DeJoy, New Breed’s chairman and CEO commented. “This type of growth and expansion with Boeing is the proof that our efforts have truly made a difference for them and provides further incentive for us to keep raising the bar.”


JC Penny Closes Operations in McClellan, CA

J.C. Penney Co. recently announced a plan to close its operations in McClellan, California that will leave about 350 plant workers jobless. It is also confirmed that its North Highlands plant will be permanently closed along with other stores and catalog and outlet operations. The company officials said that the move is part of the company’s plan for increasing its revenues and profitability.


Academy Sports + Outdoors Provides New Jobs in GA

Sporting goods discount store chain, Academy Sports + Outdoors, announced plans to build a new shop in Forsyth, Georgia that will require about 150 new workers to facilitate the operations. Academy Sports + Outdoors representatives and Forsyth County’s planning board, compose of five members, recently conducted a meeting to talk about the details of the new investment project. According to the reports, one of the highlights during the meeting is the company’s request to alter the design requirements in the Peachtree Parkway Overlay District. Academy Sports + Outdoors won the boards approval since the five board members all agreed to push the project forward.


Lowe's Makes Employee Adjustment

Lowe’s Cos. Inc. will cut about 1,700 middle-management jobs at stores across the country while adding 8,000 to 10,000 part-time positions for weekends.

“We continually evaluate our staffing model, and believe this new structure and the addition of employees on the weekend, when many of our stores are the busiest, will help us better provide the outstanding service our customers expect from Lowe’s,” spokeswoman Karen Cobb said.


RedPrairie Acquires SofTechnics

RedPrairie Corporation announced in mid January that it had acquired SofTechnics, a provider of retail enterprise solutions. RedPrairie said in a statement that the acquisition will allow it to expand its existing retail platform.

In the statement, RedPrairie CEO Mike Mayoras said SofTechnics’ experience in the retail category will “provide a new wealth of knowledge to RedPrairie’s already successful operations within this space.”


Intermec to Acquire Vocollect

Intermec Inc. recently announced that it will acquire Vocollect from the private equity firm, Riverside Partners. Vocollect business is expected to grow at a double-digit pace.

“This acquisition is a major step for Intermec in building a software-centric solutions business in the warehouse,” said Patrick Byrne, Intermec’s president and chief executive officer, in a prepared statement. “The adoption of voice in the warehouse is developing rapidly, and we expect this technology to provide significant long-term growth opportunities for Intermec.”

Joe Pajer, Vocollect’s president and chief executive officer, said, “Working together, we believe we can accelerate the adoption of voice-centric solutions on a global basis and create new innovative warehouse solutions capabilities for our customers and partners.”


Border to close 3 DC's this Summer

Borders Group recently announced it will close one of three distribution centers in mid-July and eliminate the Tennessee facility’s 310 jobs. Workers at the distribution center slated to close will be offered a severance package.

The company released a statement in mid January saying the move is part of its long-term plan to become more efficient and cut costs. Borders said its strategic focus remains on refinancing its debt.


HTPG Creates 120 New Jobs in Alabama

Heat Transfer Products Group, recently announced a plan to expand its operations in Scottsboro, Alabama. The company expects the expansion to require the hiring of an additional 120 workers over a three year period. The company currently employs 319 workers in its manufacturing plant in Scottsboro Industrial Park. 


Macy's Provides New Jobs

Macy’s has recently announced a plan to expand its e-commerce business, and websites, due to an increase in online sales. Macy’s plans to add about 725 new employees to support the company’s growing online business. In 2010, Macy’s registered a 29% jump in total online sales for the first 10 months.

“This is a business that thrives on unrelenting creativity and innovation. Having the right talent in the right place is vital as we seek to sustain and accelerate our sales growth online, as well as in the stores,” said Terry Lundgren, Macy’s Chief Executive.


Old Dominion Reorganizes Top Executives

Old Dominion Freight Line Inc. recently announced two top-level promotions as it reorganized its executive suite following the death on Dec. 30 of John B. Yowell, who had been the trucker’s executive vice president and chief operating officer.

Cecil E. Overbey was promoted to senior vice president of marketing, pricing, and strategic development, while Kevin M. Freeman, who had been vice president of field sales, was named senior vice president of sales.


J Knipper and Co. Aquires Pharmagistics

J Knipper and Company recently acquired competitor Pharmagistics from Publicis Touchpoint Solutions. The acquisition creates one of the largest healthcare marketing distribution firms in the United States, servicing more than 100 clients and 200 brands.

“Healthcare marketing includes a growing range of direct marketing fulfillment services including pharmaceutical product sampling as well as sample accountability. Pharmagistics brings a solid set of capabilities and a track record of accomplishments, as well as an experienced and highly committed employee base”, said Jim Knipper, President and CEO of J Knipper and Co.


Greatwide Logistics Wins Innovation Award from Chep

Greatwide Logistics Services, a national provider of third-party logistics services, has been chosen as the winner of the Innovation Award from CHEP. The supplier of pallet and container pooling services presented Greatwide with the honor at its 2010 Supply Chain Symposium held in Orlando FL recently.


High Hopes for December Jobs Report

In a bright outlook for the last month of 2010, economists are predicting that employers added a net total of 145,000 jobs in December and that the unemployment rate dipped to 9.7 percent in a hiring trend likely to continue into this year.




Novartis Cuts 1,400 Jobs in U.S.

Novartis AG is to slash 1,400 U.S. jobs in its sales force for drugs used in general practice as it forges ahead with a push into specialty medicines and seeks to streamline its business ahead of patent expiries.

“There are new product launches expected within the primary care business and significant growth momentum within the specialty care business that will drive long-term success,” Novartis said.

Novartis, like most other companies in the pharmaceutical industry, will have to deal with a number of key drugs losing patent protection over the next few years, while pricing pressure in the United States and Europe is also making for a tough environment.