United Parcel Service announced that it would withdraw its $6.9bn takeover offer for TNT Express, a Dutch shipping company, after European antitrust authorities told U.P.S. that they would block the deal.
U.S. oil production has exceeded 7 million barrels a day for the first time since March 1993 as improved drilling techniques boosted exploration across the country and reinforced a shift toward energy independence.
Chain restaurants, battered by value-hungry customers and rising commodity prices, are showing little appetite for significant menu price increases, according to a new survey of industry executives conducted by SpenDifference, a supply chain co-op that helps restaurants save money.
This will be the year that retailers take mobile seriously in all its forms and in all areas of the company. Of course, e-tailers have been highly aware of the need to employ mobile as another channel for the customer, but brick-and-mortar retailers are opening their eyes to the possibilities as well.
Consumer-oriented collaboration and file-sharing tools that have gained popularity as the workforce becomes increasingly mobile are customarily cheap, even free, for employees to use. But they could be costing businesses plenty, a recent study suggests.
The sharp slowdown in U.S. manufacturing that began last spring appears to be over, setting the stage for moderate expansion in the factory sector in coming months - with a little boost from companies bringing overseas production back to America.
Plans that detail a business's initial emergency response provide a road map for keeping operations running through a crisis and ready a business for the return to full operational effectiveness in the weeks that follow a disruption. These forward-thinking solutions are critical components to effective business continuity programs, according to a new PwC US paper entitled, "Beyond the first 48 hours: Can your business continuity plan go the distance?"
A diverse coalition of more than 120 local, state and national stakeholders, ranging from farmers and manufacturers to retailers and wholesalers sent a letter to the International Longshoremen's Association (ILA) and United States Maritime Alliance Ltd. (USMX) urging both sides to remain at the negotiating table until they "reach a new long-term contract."