Category Archives: Afternoon Coffee
AT&T Buys Wireless Assets in Mexico, British Airways Looks to Acquire Irish Airline Aer Lingus
AT&T is continuing to expand its footprint south of the US border. And, in other M&A news, the parent company of British Airways, International Consolidated Airlines Group, is looking to buy Irish carrier Aer Lingus. Afternoon Coffee brings you the latest in supply chain and procurement news.
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Online Travel Agencies Merge, US Manufacturing PMI Hits Year Low
Expedia Inc. is buying rival travel site Travelocity for $280 million. And, the flash US manufacturing PMI fell to a 12-month low in January to 53.7. Afternoon Coffee brings you the latest in supply chain and procurement news.
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Trade Extensions Reports Higher Revenues, West Coast Ports Have Best Year Since Before Recession
Software provider Trade Extensions reported its revenue grew 26% in 2014. And, despite the contract negotiations plaguing the West Coast during the last 6 months, the ports of Los Angeles and Long Beach both had the third-busiest year on record in 2014. Afternoon Coffee brings you the latest in supply chain and procurement news.
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COIs Plan Increase In Network Security Spending, IBM Shares Sink
The majority of COIs in North America plan to boost company spending on network security this year, a recent survey found. And, IBM plans to shift focus to cyber security, cloud computing and big data after reporting a dip in revenues for the 11th consecutive quarter. Afternoon Coffee brings you the latest in supply chain and procurement news.
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Ford Begins Exporting Mustangs, GM Purchasing Exec Defends Company Suppliers
Ford is exporting Mustangs to foreign markets for the first time in the 50-year history of the car. And, GM’s Head of Purchasing Steve Kiefer is defending the automaker’s “financially sound” suppliers. Afternoon Coffee brings you the latest in supply chain and procurement news.
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Majority of States See Gasoline Below $2 a Gallon, Mexican Truckers Granted Wider Reach in US
Twenty-eight states now have gasoline prices under $2 a gallon. And, the US Department of Transportation will allow Mexican trucking firms to operate in the US. Afternoon Coffee brings you the latest in supply chain and procurement news.
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J&J Granted Funding to Speed up Ebola Vaccine Process, Ford Expanding Production at German Plants
Johnson & Johnson has received a public-private grant to speed up the process of getting an Ebola vaccine to market. And, Ford Motor Co. announced it will increase production at 2 of its German manufacturing plants. Afternoon Coffee brings you the latest in supply chain and procurement news.
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‘Crisis’ at West Coast Ports, Target Moves Out of Canada
he West Coast port situation has now reached a “crisis stage." And, Target is pulling out of Canada, after its expansion efforts beyond the US were unsuccessful. Afternoon Coffee brings you the latest in supply chain and procurement news.
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Import Prices Fall, Business Inventories Rise At End of Year
US import prices fell 2.5% in December, the largest 1-month drop in 6 years. US business inventories, however, rose in November by a seasonally adjusted rate of 0.2%. Afternoon Coffee brings you the latest in supply chain and procurement news.
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Small Biz Index Jumps, Gartner Says 2015 IT Spending Will Be Lackluster
The National Federation of Independent Business Small Business Optimism Index reached 100.4 in December. And, Gartner predicts worldwide IT spending will increase 2.4% during 2015 to total $3.8 trillion. Afternoon Coffee brings you the latest in supply chain and procurement news.
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Family Dollar Urged to Accept Dollar Tree Takeover, Shire Acquires NPS Pharmaceuticals
Family Dollar is urging shareholders to accept a $8.5 billion merger proposal from Dollar Tree. And, Irish drugmaker Shire PLC will buy NPS Pharmaceuticals Inc. for $5.2 billion. Afternoon Coffee brings you the latest in supply chain and procurement news.
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Cloud Service Spending Up, Talks of a Yahoo/AOL Merger
Companies are investing more money into their overall IT spending and specifically to cloud services. And, rumors are circulating about the possibility that Yahoo may merge with AOL. Afternoon Coffee brings you the latest in supply chain and procurement news.
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