Tag: USA

Freedom Shopping Inc. – Company Showcase

Posted by | May 13, 2008 | |

Freedom Shopping is improving the lives of people around the world with RFID technology. We help companies serve their customers in new and exciting ways.

Freedom Shopping pioneered the use of RFID-tagged merchandise in convenience stores in early 2005. Now we use our expertise to build products that will enable every store around the world to implement RFID and deliver the ideal checkout experience – instantly! In addition we have solutions for home health care and the security industry. Our products are used to power many applications including point-of-sale (POS), rental/consignment centers, pay-stations, security gates, health monitors, kiosks, and smart appliances.

Freedom Shopping offers software, hardware, services and supplies. We are proud to partner with a network of leading hardware suppliers, software companies and integration experts to deliver comprehensive, economical solutions.

All systems, products and offerings developed by Freedom Shopping are built from the ground up with the consumer in mind. We focus on enabling customer experiences that are user-friendly, fast, and most importantly, that protect customer privacy.

Freedom Shopping’s wholly-owned subsidiary, Fast Track Convenience, operates stores in private locations including hospitals, schools, gyms, hotels and manufacturing facilities.

Freedom Shopping was founded in 2003 and is based in Hickory, North Carolina USA with an international office in Tokyo, Japan.

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UPS places largest order ever for Hybrid Electric trucks (U.S)

Posted by | May 13, 2008 | |

UPS “Green Fleet” to Expand with 200 Hybrid Electrics in Addition to 300 Compressed Natural Gas Vehicles

UPS announced it has ordered 200 hybrid electric vehicles (HEVs) – the largest commercial order of such trucks by any company – in addition to another 300 Compressed Natural Gas (CNG) vehicles for its U.S. delivery fleet.

The purchase of the 500 additional vehicles means the UPS alternative fuel fleet – already the largest such private fleet in the United States – will grow 30 percent from 1,718 to 2,218 low-carbon vehicles.

UPS’s “green fleet” operates in the United States, Germany, France, Brazil, Canada, Mexico and the United Kingdom and has traveled nearly 144 million miles since 2000. The fleet includes electric, hybrid electric, CNG, liquefied natural gas and propane-powered vehicles. The company also is continuing work with the Environmental Protection Agency on a hydraulic hybrid delivery vehicle.

The 200 hybrid electric vehicles will be deployed in 2009 and join 50 HEV delivery trucks already in operation. The 200 trucks are expected to save 176,000 gallons of fuel annually and reduce CO2 emissions by 1,786 metric tons each year. That is the equivalent of removing almost 100 conventional UPS trucks from the road for a year.

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Vertis Optimal Postage Solution Launched For Direct Marketers

Posted by | May 12, 2008 | |

Vertis Communications launched “Vertis Optimal Postage,” a mailing solution that will provide marketers a guaranteed flat-rate postage and processing fee. This new service addresses rising postage rates across standard-class, letter-size mail, including handling and freight surcharges. The vision of Vertis Optimal Postage is to provide industry-leading, guaranteed-rate postal processing with the highest delivery predictability to Vertis customers.

The Vertis Optimal Postage solution applies a cost/benefit analysis to a historical compilation of each customer’s mail plan, unfolding the solution in three stages. The first involves data processing, including data hygiene and postal pre-sort to organize and combine addresses, adhering to postal regulations and maximizing postal savings. Secondly, Vertis will utilize either physical sortation – a standard sorting of mail directly from the data file into a mail tray – or co-mingling, a mechanical process that combines multiple finished mail pieces from many sources in order to obtain a greater saturation of zip codes. Finally, Vertis performs a logistical planning process consisting of destination entry or moving the mail to bulk-mail center (BMC) or sectional center facility (SCF) entry points, which may include co-palletization – combining trays to like destinations.

While there are three distinct ways for Vertis’ customers to save postage, the basic principal is the same: the more work Vertis completes ahead of time for the United States Postal Service, the greater the savings passed on to customers. Recent cost/benefit analyses of Vertis’ Optimal Postage solution have resulted in an average of 7.1 percent postage rate reduction, per piece.

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ABX Holdings reports first quarter results

Posted by | May 12, 2008 | |

ABX Holdings, Inc. reported first-quarter net earnings of USD 3.8 million, or USD 0.06 per common share, on strong revenue growth to USD 382.1 million, driven both by its acquired airline and air services businesses and its expanded charter fleet of Boeing 767 freighters. In the first quarter of 2007, ABX Holdings earned USD 4.3 million, or USD 0.07 per share, on revenues of USD 288.1 million.
ABX Holdings acquired the businesses of Cargo Holdings International (CHI) at the end of last year. The principal businesses of CHI include two independently certificated airlines, Air Transport International (ATI) and Capital Cargo International Airlines (CCIA), and a leasing company, Cargo Aircraft Management (CAM). Collectively, the CHI businesses contributed approximately USD 75.4 million, or 80pct of the year-over-year increase in ABX Holdings’ first-quarter consolidated revenues. Growth in ABX Air’s businesses, principally its air charter operations, provided the remainder of the revenue gain. The CHI businesses also contributed approximately USD 1.7 million in net earnings during the quarter, net of acquisition-related interest expense.
ABX Holdings’ pre-tax earnings declined to USD 6.2 million in the first quarter from USD 6.9 million a year ago. The decline principally reflects a USD 4.6 million increase in net interest expense associated with financing of acquired businesses and additional aircraft. EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) increased 78pct to USD 36.8 million in the first quarter, compared with USD 20.7 million in the year-earlier period (see Reconciliation of EBITDA to GAAP Net Earnings at the end of this release). EBITDA is a non-GAAP measure of financial performance that management believes better reflects the cash-generating performance of asset-intensive, financially leveraged businesses such as ABX Holdings.

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