The Daily Recruiter

The Ezine for Executive Managers … brought to you by The SearchLogix Group.

Category: Industry Snippets (Page 1 of 125)

Allen Lund Company

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The Allen Lund Company has promoted RYAN FRANKS  to operations manager, ALC Winchester (VA). He has been with ALC since 2014, previously serving as a transportation broker. Franks graduated from West Virginia University with a bachelor’s degree in business. A third-party transportation broker with nationwide offices and more than 450 employees, ALC works with shippers and carriers to arrange refrigerated (specializing in produce), dry and flatbed freight. The company also has a logistics and software division, ALC Logistics, as well as an International Division.

Japan’s Denso Corp

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Japan’s Denso Corp. will spend $1 billion to expand manufacturing in Tennessee aimed producing automotive parts for vehicles with electric engines and self-drivin g technology. (WSJ)

 

Rare Metals

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The prices of rare-earth metals used in electronics have increased significantly due to tight supplies. (Nikkei Asian Review)

Chicago

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The greater Chicago area led the U.S. in the past year with a net of 22.3 million square feet of new warehouse space occupied. (Chicago Tribune

U.S. households

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The total net worth of U.S. households pushed further into record territory in the second quarter. (WSJ)

Hewlett Packard Enterprise

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Hewlett Packard Enterprise Co. plans to cut its workforce by 10% amid increasing competition and higher component prices. (WSJ)

CVS Health Corp

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CVS Health Corp. will place new limits on prescriptions for opioid painkillers, in an effort to combat widespread addiction. (WSJ)

Cargill Inc.

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Cargill Inc. Chief Executive Dave MacLennan says a U.S. withdrawal from Nafta would cost the company about 10% of its annual revenue. (Axios

WiseTech Global

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Logistics software provider WiseTech Global brought ocean freight-rate specialist CargoSphere and airfreight rate company Cargoguide for $5.5 million. (American Shipper)

 

rue21’

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A court approved apparel retailer rue21’s plan to exit bankruptcy with about 780 stores still operating. (WSJ)

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