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Jim Cramer — Salesforce’s Continuing Growth Making SAP, Oracle Nervous

Shares of (CRM - Get Report) are up 5.3% on Thursday after the company topped earnings and revenue expectations. CEO Marc Benioff has proved that he can continue to blow the numbers away, TheStreet’s Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC’s “Mad Dash” TV show. 

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Penske Logistics and ABX LOGISTICS Forge Strategic Alliance to Provide Global Supply Chain Solutions

Penske Logistics and ABX LOGISTICS announced the formation of a strategic alliance focused on providing integrated, global supply chain solutions for multinational corporations. The alliance combines Penske Logistics’ strengths in logistics execution and technology with ABX LOGISTICS’ global footprint and strong freight forwarding capabilities. Vince Hartnett, President, Penske Logistics , says, “Customers continue to expand globally to get closer to emerging markets and reduce operating costs. However, expansion also increases the complexity of their supply chains and the range of supply chain management sophistication varies country-to-country, creating quality issues and inefficiencies. The Penske-ABX LOGISTICS alliance is focused on providing solutions to solve these issues for customers on a global basis. We are very pleased to be working with the ABX LOGISTICS team.”

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