Despite weaker than expected annual growth of +1.3% in GDP during the second quarter 2011, private sector investment in US construction rose by an annual rate of +8.1% for non-residential and +3.8% for residential construction, reversing declines in the first quarter of 2011. Spending on US construction is forecast to grow by an annual average [...]
Siemens AG announced that it will reach its profit and growth targets for FY2011. “We continued to grow in the third quarter and are on track to reach our targets for fiscal 2011. New orders again rose sharply, driven by a large order at Mobility. We’re vigorously tackling operating challenges. Our markets are still robust, [...]
DHL announced it is now offering a new direct Less than Container Load (LCL) service from New York City to Durban, South Africa. This service will serve as a gateway for U.S. customers interested in breaking into the African market with the option of transporting small amounts of cargo. The LCL weekly service schedule will [...]
As more customers choose to conduct their postal business online, on their smart phones and at their favorite shopping destinations, the need for the U.S. Postal Service to maintain its nearly 32,000 retail offices — the largest retail network in the country — diminishes. To that end, the U.S. Postal Service announced that it will [...]