PM News

Standard Register Reports 2014 Third Quarter Results
November 11, 2014

Standard Register, Dayton, Ohio, reported its third quarter financial results which resulted in $219.4 million in revenue with a net loss of $5.6 million. However, this quarter is a 10 percent improvement over the same time period last year during which the company brought in $199.4 million with a net loss of $23.2 million.

Denham Receives Leadership Award
November 11, 2014

Dale T. Denham, chief information officer at Geiger, Lewiston, Maine, has been named to Computerworld’s Premier 100 IT Leaders list for 2015.

Safeguard Acquires Assets of Team MHC
November 11, 2014

Dallas-based Safeguard has completed its acquisition of the assets of MHC Associates Inc. (Team MHC), Burnsville, Minn. Terms of the deal were not disclosed.

7 Things Warren Buffett Can Teach You About Leadership
November 11, 2014

The "most successful investor of the 20th century" has a thing or two to teach you about being a great leader. Warren Buffett is a famed philanthropist, business magnate and shark-like investor. As the CEO and biggest shareholder of Berkshire Hathaway and someone who consistently ranks among the richest people in the world, he's smart, business savvy and slick, even into his 80s.

However, the "Oracle of Omaha" is also a notoriously frugal spender and reveres value investing. Having pledged to donate 99 percent of his wealth, he's proof that sometimes old-school techniques work.

Not Made in China: Garment Manufacturing Part II
November 10, 2014

As labor costs in the "world's factory" continue to rise dramatically, global fashion brands are looking elsewhere to source apparel. In addition to established hubs like Bangladesh and Vietnam, the garment game is ripe for new players: Myanmar (Burma), Haiti and Ethiopia, among others, are looking to rejuvenate a once-thriving trade or even build one entirely from scratch.

China will shed approximately 85 million manufacturing jobs in the coming years, which, some development experts say, could be a golden opportunity for economic development à la South Korea.

Amazon Tries Out Taxi Deliveries in California Cities
November 10, 2014

Amazon is testing deliveries via taxis in San Francisco and Los Angeles, according to the Wall Street Journal, as the Internet retailer explores alternative modes of delivery to speed up shipments while restraining cost.

Amazon is using the taxi-hailing mobile app, Flywheel, to ship parcels via licensed cabs, studying the feasibility of using taxi fleets more broadly as a delivery avenue.

The e-commerce company, stung by shipping delays last Christmas blamed on services such as UPS and FedEx, has been exploring various options from regional couriers to its own delivery vehicles.