| August 3, 2007 | News for the wholesale distribution industry |
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- Special committee to mull IDG's "strategic alternatives"
Industrial Distribution Group Inc. has announced its plans to form a committee made up of independent directors who will mull "strategic alternatives" for the company, which, this article speculates, may include going private. The committee's aim is to find ways for the company to maximize returns for its shareholders while reducing expenses. Industrial Distribution
(7/30)
    
- Idling engines may become thing of the past
State regulations, companies' concern for the environment and the high cost of gas are all leading to a cutback in the amount of time truck drivers are allowed to idle their engines. Long-haul tractor-trailers each idle an average of 1,830 hours per year, reports the U.S. Department of Energy's Clean Cities program, leading to nearly $3 billion in wasted fuel. "Reducing idling makes great business sense. I'm not sure why we've done it all these years," says Jim O'Neal, president of O&S Trucking. DC Velocity
(7/2007)
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| | Good help is hard to find.
NAW SmartBrief to the rescue! You won't reach a more targeted, qualified audience in the wholesale distribution industry. Get started now and post your open positions in NAW SmartBrief. | |
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| Best Practices | | |
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- Revive stalled career with self-examination
Reviving a stalled career is possible by examining what is holding you back and considering how others perceive you. Author Marshall Goldsmith recommends writing down remarks others make about you, and then taking note of any significant patterns that emerge. Fast Company
(7/2007)
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- Become a category of one to cure "Brandus Interuptus"
Even good brands can fall short of their potential from time to time. "Brandus Interuptus" may be the diagnosis if your company is trying to imitate another firm or attempting to be all things to everyone. To create a world-class brand, businesses should strive for a brand unlike any other, and then work to maintain its freshness and relevance. Manage Smarter
(7/31)
| Small Business Manager | | |
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- Take realistic approach when seeking funding
Focus and persistence are not enough to fund a new business, writes Christine Comaford-Lynch in BusinessWeek. Instead, entrepreneurs should show their ability to be flexible and realistic in order to convince financiers. They also need to be prepared to discuss the size of their primary market, expected growth rates and competition. BusinessWeek
(7/30)
| Executive Life | | |
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| NAW Insider | | |
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The global economy brings new insurance challenges -- are you covered?
Two forces, economic globalization and the shifting of manufacturing facilities overseas, have changed the way many wholesaler-distributors operate. Instead of shipping goods only within the boundaries of the lower 48 states, many today ship globally. Wholesaler-distributors need the ability to protect commodities as they are shipped across international borders. For more information, visit http://www.naw.org/smartbrief.
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Next time you rent with Hertz don't forget to include NeverLost®, the in-car navigational system. Mounted in your vehicle, this video console shows you exactly where you are, calculates your best route to any address you request, and guides you with turn-by-turn commands. You'll never be lost again! To enroll in the NAW/Hertz Business Account Program, visit NAW's Web site.
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- Monday, July 30, 2007
- Friday, July 27, 2007
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- Monday, July 23, 2007
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