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Vos Logistics taps Transwide
THE NETHERLANDS (October 29, 2002) - Vos Logistics, an asset-based logistics provider, is to gain one-to-many electronic communication following its link to Transwide, a logistics hub based in Europe.
The first connection to Transwide was established for Solvin, a joint venture between Solvay and BASF. According to the partnering companies, now that BPS, a joint venture between Solvay and BP, is also using Transwide, Vos also is benefiting from connection. Vos Logistics said it has developed its internal Transport Management System LoVos, integrated with onboard computer systems. The system is designed to define processes and enable Vos Logistics to generate real time internal data. But, Vos Logistics said it's finding the increased need for sharing data with clients and subcontracting partners in a format compatible to each of these parties. Under the terms of the connection, Vos will use Transwide to provide electronic communication and translation capability. In addition, Transwide has developed twDoc which is designed to increase the real-time visibility in the transport execution. According to the partnering companies, this will enable Vos Logistics to offer improved visibility during transport execution whilst creating internal costs savings. "In today's market, it's about showing real customer phasing solutions, real transactions and real savings" said Walter Kusters of Vos Logistics. "With its one-to-many electronic communication capabilities, Vos Logistics has now proven that it can share real time data in any given format to its customers and partners. This will reinforce Vos Logistics' position in becoming an important player as a supply chain organizer". PolyOne Reports Record Third-Quarter Earnings CLEVELAND, Oct. 30 -- PolyOne Corporation, a leading global polymer services company, today reported revenues of $668.5 million and net income of $9.8 million, or $0.11 per share, for the third quarter ended September 30, 2002. The $9.8 million represents PolyOne's highest quarterly net income since its formation in September 2000. 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Friend Appointed Vice President Corporate SalesAKRON, Ohio--Nov. 1, 2002--Roadway Express, Inc. today announced that Robert B. Carr has been named Senior Vice President -- Corporate and International Sales. Concurrent with the appointment of Carr, the company announced that Stan M. Friend was named Vice President -- Corporate Sales and Officer of the Company. Both appointments are effective January 1, 2003. Honeywell launches Advanced Formula ManagerPHOENIX, Arizona (October 31, 2002) - The Industry Solutions business of Honeywell Automation and Control Solutions has launched its Advanced Formula Manager (AFM), a calculation solution designed to transform critical plant data from Honeywell's Uniformance Plant History Database (PHD) into process information through user-defined equations and formulas. Ferro Announces Resignation of Chief Financial OfficerCLEVELAND, Nov. 4 -- Ferro Corporation announced today the resignation of Bret W. Wise as senior vice president and chief financial officer. Mr. Wise, who has served as the chief financial officer since 1999, will pursue an opportunity in the life sciences industry. Trade-Ranger and OFS Portal to enable electronic transactions between buyers and suppliersHOUSTON (October 31, 2002) - Trade-Ranger, an e-procurement marketplace for the oil and gas and chemicals industries, and OFS Portal, which represents suppliers of oilfield products and services, have signed an agreement that will provide a framework to enable members of both organizations to transact electronically with each other. The Yankee Group predicts strong annual growth rates for IT outsourcingA new report by The Yankee Group's Technology Management Strategies research and consulting practice predicts the worldwide market for centralized IT outsourcing will reach $95 billion for 2002 and grow by 12% per year for the next four years. Yankee forecasts a smaller market for decentralized IT outsourcing, projecting it will reach $85 billion by 2002 and grow at a rate of 10% per year over the next four years. OM Group, Inc. Comments on Sale of SharesCLEVELAND, Oct. 31-- OM Group, Inc. today commented on a Form 4 filed today with the Securities and Exchange Commission by James P. Mooney, the Company's Chairman and Chief Executive Officer. The Form 4 reported the sale by Mr. Mooney on Tuesday of approximately 710,000 shares of the Company's common stock. Air Products launches electronics Web siteLEHIGH VALLEY, Pennsylvania (October 14, 2002) - Air Products has launched a Web site for its semiconductor customers around the world. The site, located at (www.airproducts.com/electronics), is designed to offer instant access to detailed information on the company's product and service portfolio. The Shaw Group Announces Financial Results for Fourth Quarter and Fiscal Year 2002BATON ROUGE, La. --Oct. 14, 2002--The Shaw Group Inc. today announced a 62% increase in earnings to $31.3 million, or $0.70 per diluted share, for the three months ended August 31, 2002. This compares to earnings of $19.3 million, or $0.45 per diluted share, for the three months ended August 31, 2001. Fourth quarter fiscal 2002 revenue increased 224% reaching $1.2 billion, compared to $385.7 million for the fourth quarter of fiscal 2001. Silgan Holdings Revises Third Quarter EstimatesSTAMFORD, Conn. --Oct. 14, 2002--Silgan Holdings Inc. stated today that it expects third quarter 2002 net earnings to be in the range of $1.30 to $1.35 per diluted share. Rotonics Manufacturing Inc. Announces First Quarter Earnings Increased by 129%GARDENA, Calif. --Oct. 11, 2002--Rotonics Manufacturing Inc. today announced that first quarter earnings increased 129% to $361,700, or $.03 per common share, on net sales of $8,894,800 compared to earnings before cumulative effect of change in accounting principle of $157,700, or $.01 per common share, on net sales of $9,588,300 for the same period last year. Agrium Appoints New Director to BoardCALGARY, Alberta--Oct. 11, 2002--The Board of Directors of Agrium Inc. announced today that Victor J. Zaleschuk was appointed to the Board of Directors effective October 3, 2002.
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