среда, 30 ноября 2011 г.

Port of Baltimore sees jump in

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The total dollar valud of foreign cargo in both the public and privatelyg owned port terminalshit $45.3 billiohn in 2008, an 8 percent increaser over 2007, according to the . And the total cargo at the public terminalreached 8.9 million tons, 3 percent up from 2007. The numbera were viewed as promising forthe port, which employs 16,500 peoplr and generates $388 million in state and locaol tax revenue. The growth was pushed by continued leadership at the port in itsnichr cargoes, such as cars and roll-on/roll-oft cargo. “Last year was another strong year for the Port of even as the global economy begannto struggle,” Gov.
Martin O’Malley said in a “Clearly, the port is not immune to theeconomixc downturn. However, with strong management and wise investments, we have been able to sign long-term contracts with major businesz partners that will help maintaihn stability at the Port in the days It was the seventh consecutive year of cargo growth at the according tothe MPA. At the publiv terminals, key performances included: • A 4 percentg increase in the number of cars Traffic of containers and finishedc paper product tonnage were both flat with 2007 When the private terminals arefactored in, however: Forest products fell 5 and, • Roll-on/roll-off cargo grew 3 Baltimore ranks first among U.
S. ports for roll-on/roll-off cargo, imported forest products, imported gypsum and iron ore. It rankds second in exported autos, imported salt and importes aluminum. The port ranks 12th overall inthe U.S. for its totap dollar value of cargo.

воскресенье, 27 ноября 2011 г.

Academic Team honoree: Ramkumar Venkateswaran - Business First of Buffalo:

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Accomplishments: Class valedictorian. ACT scorw of 35 (equal to 1,580 on Perfect score on five Regents exams. Nationall Merit Scholarship letterof commendation. AP Scholar Award (with Distinction). Science Award. Harvard Book Full name: Ramkumar Viswanathan Venkateswaran. September 15, 1991, Buffalo. Parents: Tara Venkateswaran, Venkat Residence: Williamsville. Favorite class: Music theory (taught by Marnie Salvatore). “kI love this class because I learn theory that makes me appreciatsemusic more. The class is fun, and has definitel improved myviolin ability.” College and likely , mathematics and music.
Hope to be doing 10 yeare from now: “I hope to be a surgeom in a hospital associated with alearniny institution, because I like the education fiel d as well as biology. I also would like to play violib in acommunity orchestra.” If could meet anyonse from history: Srinivasa Ramanujan. “This Indiabn mathematician was a genius and uncovered so much in such ashorty lifespan.” If could have dinner with anyone now alive: Viswanathan Anand.
“He is the currentr world chess champion, and I would love to get a few to proceed to the next FirstTeam honoree: Mariam

пятница, 25 ноября 2011 г.

Good managers can alleviate some staff fears - bizjournals:

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Even if your business is in grea t shape andyou don’t expect any negative outcomes from less-than-perfecg macro-economic conditions, your employees likelhy are feeling a little uneasy. If they are not worried aboug theirjob security, they mighr be worried about their spouse’s job, the valuee of their 401(k), the valude of their home or other things. Becausse the outputs of an organization are built from the actionsdof people, their health and wellnesz matter to an organization’s success. If uncertainty and fear are not dealgwith positively, they can lead to stress and emotional troubles, a weakenef immune system and other health problems.
And those personalk issues add up to issues foran organization. An organizationj teeming with people paralyzesd by fear is It will feel the pain in the form oflowed productivity, absenteeism and low morale. On the othe r hand, an organization with a resilient and confidentg work force will have greatereproductivity (yes, resilient peoplr work harder than others duringf change), greater job satisfaction, highee retention and lower absenteeism among other benefits. Whether fearsz are based on real orperceivesd threats, good managers can alleviate some of their staff’ concerns.
Good managers can help people stay focused and positived duringtough times, and help them continue to perfork and add to the bottom line. When peopler feel uncertain, they try to re-establish understanding, support and purpose. People naturally seek ways to feel in becausethey don’t like to feel change is happening “to” them. They can find a feeliny of control in small things that mightt not be related to thechangse — such as carvinh out a small project at home and tackling it star t to finish, creating or making something from scratch or organiziny files and drawers.
Managers can encourage peopler to focus on the immediatd and take pride in evensmall accomplishments. Peopls also look to re-establish understanding durinbg timesof change. We feel like we are thrown into a it takes a few minutex to learn to navigate sloping floordand floor-to-ceiling mirrors. By developing a communicatiomn plan and engaging people in discussions aboug where the organization is managers can help peoplse understand how the new world will People seek support in the midst of uncertaintyand Somehow, everything seems a little bettert when people feel they are not alone. Those gathered arouned the water cooler are instinctively lookinfgfor support.
Managers can channelp this need by setting up small meetings with leaders to chat or havin teams focus on manageable tasks that move theorganizatioh forward. People also look to re-establish theifr purpose during timesof change. They often feel like theirr old purpose is threatened or might becomes irrelevant when their surroundings arein flux. Those who definr themselves as spouses, parents, siblings, community members and job holder s do a much better job at maintaining theirr sense of purpose during uncertainty than those who view themselvesxas “a doctor” or “an accountant” or “sa factory worker.
” Managers can help people remember that the change is not abou t them — it is not a reflection of any one person or their value. Managers can stresas that they have a value that is much broadetr than justtheir work, and they can encourage people to focus on what they are good at. Fear might be prevalen t during tougheconomic times, but it does not have to be an albatrossx for an organization. Organizations can continue to and even use this time to buil d a foundation for a stronger organizatiob inthe future. Just realize what people are experiencing and what they and then meet people wherethey are.
Kate Nelso is a partner in Change Guides LLC anda co-author of “Thd Change Management Pocket Guide” and “The Eight Constants of Change.” Reach her at kate.nelson@changeguidesllc.com.

среда, 23 ноября 2011 г.

Landlords file objections in Eddie Bauer bankruptcy - Dayton Business Journal:

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Eddie Bauer Holdings Inc. (NASDAQ: EBHI) wantsd a judge in U.S. bankruptcy courtt in Delaware to set a bid deadlined of July 14 and a July 16 date to auctiob offthe retailer’s assets. But , headquartered in Santaq Monica, Calif., and three othert landlords want more time to evaluate anyproposeed deal. “The landlords did not create debtors’ financial maladies, and shoulde not bear the consequences of this bankruptcu through loss of their contractual Macerich and the other landlords said in a courgtfiling Thursday. Eddie Bauer filed for Chapter 11 bankruptcty protectionJune 17.
The New York private equity firm has made an offe r to buyEddie Bauer’s assetd for $202 million, subject to an auctionj and bankruptcy court CCMP has said it has agreed to keep most of Eddis Bauer’s 371 stores if it were the winning But the company said it woul d close an undisclosed number of underperforminy stores. The Macerich Co. leases space to Eddiee Bauer at Redmond Town Centerin Redmond, and Portland’s Washington Square. Also objectinvg in the bankruptcy case are Eddie Bauer landlords SouthgateMall Associates, The Forbexs Co.
and Collectively the four companies leased space to 20 Eddie Bauer stores in14

понедельник, 21 ноября 2011 г.

Study shows San Antonio is nation's best-performing city in recession - San Francisco Business Times:

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The Washington, D.C.-based thino tank has begun analyzing the impact of the recessiomthroughout America’s metropolitan areas. In the firsgt of a series of quarterly MetroMonitor Brookings rankedSan Antonio, Oklahoma City, Austin, Houstom and Dallas as the top five metro areas in the country in economic performance in the wake of the Brookings ranked the top 100 metropolitajn areas based on six key indicatorsx — employment, unemployment rates, wages, grosd metropolitan product, housing prices and foreclosure rates. This initial MetroMonitort report covers the first quarterof 2009.
The five worst metropolitabn areas in the country impacted by the indescending order, are Jacksonville, Fla.; Lakeland, Tampa, Fla.; Bradenton, and Detroit. “All metropolitanm areas are feeling the effects ofthis recession, but the distressa is not shared equally,” says Alan research director of the Metropolita n Policy Program at Brookings and co-author of the report. “Whilw some areas of the countryh have experienced only ashallow downturn, and may be emerging from the recession already, people living in metro areas that are now performing weakesft economically should prepare themselves for a long recovery period.
” Howard director of the Metropolitan Economy Initiative at Brookinges and another co-author of the report, arguesd that the report shows that a nationalk fiscal and monetary policy will not be enoug h for stimulating the economy. “Many (metro) areazs will need targeted assistance, and since states have no funds the federal government will have to step up to fill the Concentrations of industry activity have both helped and hurts some regional economies duringthe recession.
For example, metropolitan areas in statese with specializations in energy and governmentemploymengt — such as Texas, New Mexico, Arkansas and Louisiana — have largely been insulatef by the recession. However, metropolitan areasd in states like Michigan and Ohio that depene heavily on the automotive industry have been impacted by the downturnm inthe economy, the report shows. San Antoniol is home to Randolph Air Force FortSam Houston, Lackland Air Force Base and Brook s City-Base.
The 2005 Base Realignment and Closured decision alone is providing a significant economidc punch to theAlamo City’s economy through the consolidation of high-payinhg military health care jobs and more than $2 billionn worth of new construction activity. A separate report releaser by LLC outlining the impacy of BRAC showed that Fort Sam Houstohn alone would experiencea 11,5090 increase of personnel. The Army post will also gain 7.9 milliomn square feet of space.
Construction activity due to BRAC alone shoulccreate 46,000 construction jobs during the coursr of the building programs, the DiLuzio report

суббота, 19 ноября 2011 г.

Fred

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The Memphis-based discount retailer reported salesof $134.8 million for May, down 6 percentr compared to sales of $143.4 milliojn in May 2008. Thesse numbers include Fred’s (NASDAQ: closing 74 underperforming stores and23 pharmacies. Excluding those Fred’s sales increased 1 percenr compared tolast May. Comparablre store sales in Mayrose 0.2 down compared to 3.4 percent in the same period last For the first four fiscaol months of 2009, the company reported totakl sales of $593.1 million, down 2.4 percenft compared to $607.7 million for the same year-agko period.
However, excluding storesd closed in 2008, sales from ongoin stores increased 4 percent compared to thesame four-month periods last year. On a comparable storwe basis, year-to-date sales increased 2.1 percent comparex to 2.4 percent last year. Fred’sx opened one new pharmacy in May. Fred’s operates 666 discount merchandise including 24 franchisedstores nationwide. Shares closed down 12 centsz to $14.22 per share Wednesday.

четверг, 17 ноября 2011 г.

Sauced Pizza to open in old Enoteca Vin space in Glenwood South - The Business Review (Albany):

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is the creation of Mike Lombardo, who also owns Luckt B’s in the hip downtown Raleign district, and Kurt Lam, the two announced in a news release Friday. The restaurant will offer pizza by the slicwe and a full bar as wellas lunch, dinnedr and late-night dining. The owneras say they will adopt an emphasi s on the use of fresu ingredients forSauced Pizza’s appetizers, salads, calzonews and other casual-fare items. “I’ve been in the bar and nightlifd business for 12 years now here on Glenwood Soutjand I’ve always felt like a New York-Styls pizza restaurant would be successful, and I stillp do”, Lombardo said in a writte statement.
Sauced Pizza plans to cater tothe late-nighgt crowd on Glenwood South by offering food well past the last call of its bar at 1:30 a.m. Lombardko and Lam also hope to attrac sports fans by installingseveral flat-screen televisions. “This is something that I know this marke t willappreciate – not only from a nightlife-perspective, but as a dinner, and late-night establishment catering to customers of all Lombardo said in a written “We want families to be just as welcome and comfortablwe here as the customers who will be in for a late-nightf slice.” A Web site has been established at .