Word: productivity
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Good news from UPS may also be good news for Main Street. The Atlanta-based UPS and its main rival, FedEx, are in some ways economic bellwethers. The 15.1 million packages that UPS handles every day translate into about 6% of the U.S.'s gross domestic product and 2% of the world's. Consider too that the shipping giants may actually be lagging indicators. "In downturns, companies let inventories deplete before they restock," Becker says. "That means demand--and the economy overall--must go up significantly before UPS's business improves...
...part of an evolving intermodal strategy that has environmental benefits as a by-product. For instance, UPS is now U.S. railroads' largest customer, paying a premium for the fastest trains. "Instead of putting some of our larger loads on an airplane, we can send them by truck, which has an eight times smaller carbon-dioxide footprint, or even better, rail, which is four times as energy efficient as a truck," Davis told TIME...
...product of a collaboration between the Science Center’s Technology Showcase and the media center in Lamont, as well as a joint cooperation between personnel in Faculty of Arts and Sciences departments and the Academic Technology Group—which supports technology-enhanced teaching and learning...
...home, as did many other members of the Palestinian diaspora. They built their company, Royal Industries & Trading, persistently, even after the prospects for peace shattered in the second intifadeh and it became near impossible to do business in the midst of a war zone, near impossible to move their products through Israeli checkpoints. It still isn't very easy, but the past few years have been much better. A new Palestinian government quietly began to restore order and emphasize economic growth. Israel removed many, but not all, checkpoints. Royal now has 360 employees, new product lines - fireplaces, welcome mats...
...automaker has valued profits over safety. In a document dated July 6, 2009, and obtained by the House Oversight Committee, Toyota officials claim it saved $100 million in 2007 by negotiating a limited recall of Camry and Lexus models rather than taking more drastic actions. (See the top 10 product recalls...