| April 25, 2008 | News for the wholesale distribution industry |
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- Luther King Capital emerges as top bidder for IDG
Luther King Capital Management Corp. as of Thursday was the top bidder for Atlanta-based MRO distributor Industrial Distribution Group Inc. The company's offer of $133.9 million prompted IDG's board to decline a $130.6 million bid from Platinum Equity Advisors. Platinum had until 5 p.m. EST today to make a counteroffer, according to this article. Industrial Distribution
(4/23)
    
- Nash Finch's Q1 net earnings rise
Nash Finch Co., a food distributor, has posted an increase in first-quarter net earnings over the same time period last year, from $5.3 million to $11.3 million. Forbes
(4/24)
| Best Practices | | |
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- Use communication to break "deadly dynamics"
"Deadly dynamics" are common in the workplace, and typically involve two people working at cross purposes, with neither aware that his behavior may be prompting the very behavior in the other that is bothering him. Some keys to changing the dynamic include talking with the person with whom you're frustrated and asking if he is frustrated as well. DaveKahle.com
(4/15)
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- Make brand truly interactive with a corporate sponsorship
Companies increasingly are getting involved in sponsoring events to allow people to interact with their brands, but the degree of success can depend on various factors. Examples of corporate sponsorships listed show the monetary cost to the companies and what the company got out of the deal in return. Inc.
(4/2008)
| Small Business Manager | | |
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| Executive Life | | |
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- Cut the hours spent on lawn maintenance
A mower that cuts the widest possible swath is an effective way to trim the hours spent maintaining a lawn. Other tips include allowing grass to grow a bit longer, which can take a third less time to maintain than a closely cut lawn, or converting part of the expanse to a wildflower meadow or woodland. Telegraph (London)
(4/22)
- Airfares kept climbing in fourth quarter, DOT report says
A new government report shows that air fares continued to increase in the final three months of 2007. Average fourth-quarter fares climbed 4% to $331, according to a Department of Transportation report. With fuel prices rising, increasing demand and reduced capacity, U.S. carriers consistently boosted prices throughout last year. Rick Seaney, CEO of FareCompare.com, said the airlines attempted to increase fares 23 times during 2007 and were successful on 17 attempts. USA TODAY
(4/23)
| NAW Insider | | |
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Material Handling Do's and Don'ts
Many employees in the wholesale distribution industry spend significant amounts of time loading and unloading items and lifting heavy materials. This manual handling, and the twisting and turning that occur when they perform these tasks, can lead to injuries to the back, shoulder, and neck. Learn more about effective material handling practices.
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Register now for Manager's Course: Discount expires May 1
Register today for the Wholesale Distribution Manager's Course, June 9 to 13, on the beautiful campus of The Ohio State University. Join other distribution managers and elevate your distribution skills to the next level. You'll learn specific ways to improve your company's profitability, and you'll improve your personal performance, too! The early bird discount expires May 1. Register now!
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Small firms seeking loans through the Internet because traditional bank loans have become tougher to get are vulnerable to fraud. Fraudulent lenders are illegally demanding upfront fees for processing the loans and then disappearing without delivering the loans. 
