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Amazon expanded same-day delivery for Prime customers to 11 additional cities

Executive News Snippets

 

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Monday
Jan242011

Macy's Provides New Jobs

Macy’s has recently announced a plan to expand its e-commerce business, macys.com and bloomingdales.com 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.

Thursday
Jan202011

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.

Wednesday
Jan192011

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.

Monday
Jan172011

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.

Friday
Jan072011

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.

 

 

Thursday
Jan062011

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.

Wednesday
Jan052011

2 Million Lose Unemployment Insurance Benefits

Approximately two million people recently lost their unemployment insurance benefits. Benefit amounts differ slightly by state but average just over $300 nationwide.  So far, Republicans and some conservative Democrats in Congress have been reticent to act unless the benefit extension can be defecit neutral – that is to say, unless it can be paid for without also increasing the debt.

Tuesday
Jan042011

Pense Introduces New Corporate Blog

Penske Truck Leasing has introduced a new corporate blog called “Move Ahead.” It will serve as the official blog for Penske Truck Leasing, Penske Truck Rental, Penske Logistics and Penske Used Trucks.

The blog’s address is http://blog.gopenske.com and it contains news, industry information, special promotions, transportation and supply chain industry insights, profiles, commentary, and useful tips for businesses and consumers.

Monday
Jan032011

300 Jobs Cut at CVS Caremark

Pharmacy chain operator CVS Caremark said recently they will eliminate 300 employees who work in customer support and other operations to reduce corporate costs.

The job cuts affect staffers across the country (not including store staff), but more than half are at the company’s customer support center at its headquarters in Woonsocket, R.I.

Wednesday
Dec292010

Toyo Seat Creates New Jobs in Kentucky

Governor of Kentucky, Steve Beshear recently met with Toyo Seat USA to announce the investment of more than $4.7 million and subsequently the creation of 33 new jobs.

“Kentucky is once again pleased to support the growth of one of our existing automotive suppliers,” said Beshear. “Toyo Seat is a longstanding corporate citizen and its presence and success not only provides valuable jobs for the Flemingsburg community, but helps to further enhance the Commonwealth’s position as a prime destination for automotive-related industries.”

Toyo Seat is a manufacturer of automotive seats and seat parts and has been operating in Flemingsburg, KY since 1995.

Monday
Dec202010

Zep acquires Niagara National

Zep Inc recently announced completion of the acquisition of the brands and assets of Atlanta GA-based Niagara National LLC. This acquisition is expected to be accretive to earnings during Fiscal 2011.

“This acquisition emphasizes our commitment to provide customers with increased innovation, product, and service capability,” said John K Morgan, chairman, president, and chief executive officer of Zep. “We are pleased to add the Niagara brand and innovative equipment offering to our existing product line, as we believe the combination will provide greater value to customers. We are also pleased that Ron Kirschner, president of Niagara, and the majority of their employees will remain with the company.”

Thursday
Dec162010

Avon Closes Ohio Plant

Personal care products maker and seller Avon plans to close a plant in Springdale, Ohio, eliminating 400 jobs there. Job cuts are expected to continue through the middle of 2012.

Tuesday
Dec142010

Concert Group Logistics Appoints West Coast Sales Director

Concert Group Logistics (CGL), a Downers Grove, Illinois-based leader in transportation logistics, recently appointed Max Shook as West Coast Regional Sales Director.

“We are very excited to welcome Max back to the corporate team,” says Dominick Muzi, Vice President of Sales for CGL. “He has a proven track record with CGL, is highly experienced in the industry and is very motivated. I’m extremely confident he’ll provide outstanding results for our clients and offices in his new role as West Coast Regional Sales Director.”

Thursday
Dec092010

Unilever to Acquire Parts of EVGA

Unilever and EVGA have formed an agreement in which Unilever will acquire EVGA’s ice cream brands (which include Scandal, Variete, and Karabola) and distribution network. EVGA will retain its production and warehousing facilities and will manufacture both the current EVGA and some of Unilever ice cream branded products for the Greek market and for export.

Tuesday
Dec072010

VersaCold Celebrates New DC Opening

VersaCold recently celebrated the opening of its newest distribution center at the Port of Tacoma Washington. More than 180 business partners, associates, customers, employees, port officials, and local government attended the ribbon-cutting ceremony. Tacoma Mayor, Marilyn Strickland, and Don Johnson, president of the Port of Tacoma Commission, gave speeches offering their support and thanks to VersaCold as a new member of the business community.

Monday
Dec062010

GSI Commerce Opens Louisville Facility

GSI Commerce Inc. has recently opened a new facility in Louisville Kentucky. They will specialize in the customization of sports apparel such as jerseys, T-shirts, and fleece wear. The company provides online retail operations for entities such as the National Football League, NASCAR, the National Basketball Association and Dick’s Sporting Goods.

Thursday
Dec022010

Scott Davis Joins Heil Trailer International

Scott Davis has joined Heil Trailer International as strategic sourcing manager, a newly created position. He will be working out of the Global Support Center in Athens, Tennessee. Davis previously worked for Denso Manufacturing as production control, procurement, and logistics supervisor.

Wednesday
Dec012010

Sikorsky Lay-off

Sikorsky, a division of United Technologies, laid off about 200 workers recently. Sikorsky, which manufactures both civilian and military helicopters, is the latest in a growing line of aviation companies including Cesna and Piper to lay off employees in a slumping market.

Tuesday
Nov302010

TMW Names New VP, Eastern Regional Sales

TMW Systems has named Mike Nalepka Vice-President, Eastern Regional Sales. With more than 20 years of experience in enterprise content management and transportation system sales, he most recently was Vice-President of fleet imaging solutions at DriverTech.

Tuesday
Nov232010

GreenRoad Hires New VP, Corporate & Strategic Sales

Thomas Ness has joined GreenRoad as Vice President, Corporate and Strategic Sales with more than 15 years of sales and customer experience in the telematics industry. He most recently served the past three years as vice-president of corporate and strategic sales at Trimble Navigation.