I don’t know how you felt but when UPS released their earnings yesterday I was shocked. I literally had to take a Xanax to calm my nerves. Every one of my customers believes it is getting the best deal but guess what? None of them really know for sure! Read on.
How Was Your Profit?
During Q4, [...]
In the long run, Wall Street is the most rational place on earth. It rewards one thing: earnings and more earnings. Think GE in the Jack Welch era. In the short run, Wall Street is the most irrational place on earth. It trades on rumor, innuendo, hunch, wild ideas concocted over drinks or other mind enhancing agents and the opportunity to kick someone while he’s down or apparently so, commonly called short selling. Think Enron.
If you want to understand where the economy is going, shipping activity is the proverbial canary in the coal mine. Traditional financial indicators such as GDP, Dow Jones Industrials, and Employment Indices are subject to the vagaries of economist interpretation and timing as complex forces work themselves through the system. Enron might puff up revenue numbers, but shipping doesn’t lie. If Eddie isn’t loading trucks, his boss isn’t billing. No billing, no cash. No cash, the canary stops flying. Carriers are the first to notice.
Why do so many IT projects fail or simply limp along to a result that no one is happy with? One of the main reasons, assuming mature software products and willing, sophisticated and knowledgeable technical staffs on the buying and selling implementation teams, is poor project management.
Purolator announced that AgileElite has been formally approved as a solution that can be used by shippers to automate all Purolator rating, labeling, and shipping processes. Purolator compliance broadens AgileElite’s global parcel and freight enterprise shipping capabilities.
