Rewico, Rynart logistics providers growing eastward
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Two local logistics operators last week announced plans to expand their activities in countries further east - moves that come in line with predictions and decisions by other industry players.
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American companies are making many of the durable goods and other capital equipment emerging countries need to improve their infrastructures.
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Wireless carriers look beyond home markets for new growth.
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The massive retailer has reportedly renewed efforts to build its presence there.
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International expansion is becoming increasingly important to retailers as they face fierce competition at home, a report says.
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The online retailer continues to accelerate its growth levels.
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The wireless carrier is expanding with acquisition of a network service in the Southeastern U.S. and Caribbean.
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Short-line railroad operator continues to prosper by focusing on profitable and growing routes.
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(InfoWorld) - After several quarters ofÂ lackluster financial performanceÂ in Asia, EMC executives are looking to get the company's operations back on track. "Our challenge is execution," said Steve Leonard, president of EMC's Asia-Pacific operations. "We have to do a better job of execution, and execution is fixable." During the third quarter, EMC's Asian revenue grew by 6.9 percent, far slower than other regions. The company saw growth of 20.6 percent in the U.S. and 19.4 percent in Europe, the Middle East and Africa during the same period. EMC's other geographical unit, which includes Canada, Mexico and South America, saw growth of 27.1 percent. Still, EMC's financial performance in Asia during the third-quarter was an improvement over previous periods. The company reported revenue growth of 2.2 percent and 1.4 percent during the second and first quarters, respectively. This sluggish growth contrasts with performance in earlier years, when the company posted annual revenue growth in the high teens. Leonard joined EMC in April, after running the Asia-Pacific operations of Symantec, with a mandate to revive the company's business in Asia. "We have asked some members of our team to leave the business, we've asked some team members to take on added responsibility, and we brought in some outside professionals from different companies," he said. Returning to faster growth in Asia will take time, Leonard said, noting EMC is taking a measured approach, looking to first resolve some operational issues before moving on to others. "We're seeing some early indications that some of those things are gaining traction," he said. For example, EMC is rethinking its sales model and is working more closely with channel partners across the region. "In Asia-Pacific, not working closely enough with partners means you miss a lot of territory," Leonard said. "We've re-engineered our partnership program, how we train, and how we reward our partner community." The company also wants to take advantage of its strong market position in storage to sell more software to customers, Leonard said. As part of this process, EMC wants to reinvent itself in the eyes of customers and show how string of acquisitions in recent years have changed the company from a provider of large storage arrays to a vendor that offers a range of products for storing and managing data, he said. Another area where EMC hopes to improve is support. The company is moving to a single support contact for all of its products, a change that should make life easier for customers, Leonard said. "We are improving day by day," he said.
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US manufacturers cranked out more goods in recent weeks, while auto dealers moved more vehicles off their lots and trucking companies tried to find enough drivers to keep up with growing demand.
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One new stock has left quite a footprint.
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The wireless service provider seeks growth in emerging markets.
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Courier service DHL is expected to set up an intercontinental hub either in Vatry, France, or Leipzig, Germany. For the eastern German city, a lot is at stake.
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By Francis Fernandez  PLEXUS Corp, a US-based electronics contract manufacturer, plans to expand its operations in Malaysia by opening a third plant in Penang, company officials said.
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THE REGION The Army passed over Raytheon Co. and awarded a $2.04 billion contract to rival L-3 Communications Integrated Systems, of Greenville, Texas, to supply up to 78 cargo planes for the Army and the Air Force. The contract is the first stage in a program that eventually could be worth up to $6 billion to the prime contractor, L-3 ...
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Second-largest home improvement retailer continues to produce strong results.
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The family-run manufacturing plant has expanded its workforce by two thirds â and the order backlog is still triple that of last year.