Tag: USA

Neosphere Technologies Acquires Biceng Corporation

Posted by | Oct 3, 2001 | |

MCLEAN, Va.–(BUSINESS WIRE)–Oct. 1, 2001–Neosphere Technologies, Inc., the Northern Virginia-based information systems and e-business services company (OTC:NSPT – news), today announced the acquisition of BICENG Corporation of Vienna, VA, creator of the DigiPostal(TM) system for confidential Internet document delivery and on-line certification, authentification and verification of e-postal transactions.

At the same time, Neosphere (www.neosphere.com) acquired 20 percent of BICENG China, an affiliated company based in Guangzhou (Canton), which is developing similar services for the rapidly emerging Chinese market, including major government agencies.

Neosphere chairman and CEO George Filippides described the acquisitions as an important milestone in the development of a nationwide and eventually worldwide electronic postal service. “By combining the marketing and technology resources of Biceng and Neosphere, we will greatly accelerate the development of this exciting new service, which will receive a hugely significant boost when China enters the World Trade Organization later this year.

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Airborne Express Delivers Cheques to Households

Posted by | Oct 2, 2001 | |

SEATTLE, Oct. 2 /PRNewswire/ — Airborne Express (NYSE: ABF)
(http://www.airborne.com), today announced that Clarke American Checks, Inc., one of
the largest check printers in the United States, has selected airborne@home,
the carrier’s low-cost, business-to-residential delivery service, for a
substantial portion of its 55 million annual bank check and share draft
orders. Shipments can be tracked from the factory loading dock to the
destination delivery unit through Airborne’s state-of-the-art tracking system,
and ultimately to the consumer’s mailbox through the U.S. Postal Service’s
delivery confirmation service.

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A drop in orders brings logistics to the surface

Posted by | Oct 1, 2001 | |

Automotive Logistics

The most recent sign of distress following the decline in demand for cars came from Ford, which posted a profit warning in mid-September. “This is definitely a tough year for the automotive industry, ” says Rosanne Esposito, senior VP of customs brokerage at Expeditors International.
The decline in business has prompted the automotive industry to intensify its quest to trim costs, and logistics expenditure has been a major target. “With the economy slowing down, there is a lot of focus on bringing down costs, ” says Don McKay of APL Logistics.

As car manufacturers try to slash their logistics expenses, air freight is a prime target, since it is typically about 10 times the price of ocean transportation. Doug Foster, VP of sales and marketing at Emery Worldwide, says there has been a steady downward trend in automotive air freight volumes since the middle of 2000.

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