The UPS Board of Directors has declared a regular quarterly dividend of $0.62 per share on all outstanding Class A and Class B shares. The dividend is payable May 29, 2013, to shareowners of record on May 13, 2013. Earlier this year, the UPS Board increased the regular quarterly dividend by nearly 9% to the current…
DetailsFedEx Corp. has announced that its FedEx Express subsidiary has entered into a new express air transportation contract with the United States Postal Service. The current contract ends in September 2013, and the new contract will begin in October 2013. Under this seven-year agreement, valued at approximately $10.5 billion, FedEx Express will provide airport-to-airport transportation…
DetailsIt seems as though the industry has been waiting forever to see the end of the current “challenging environment,” but it’s unlikely to happen in the next few quarters. Distribution is a bellwether for the overall supply chain and it sounds like the channel would welcome a return to normal seasonal patterns. The March quarter…
DetailsEconomic growth is expected to continue in the United States throughout the remainder of 2013, say the nation’s purchasing and supply executives in their spring 2013 Semiannual Economic Forecast. Expectations for the remainder of 2013 continue to be positive in both the manufacturing and non-manufacturing sectors. These projections are part of the forecast issued by…
DetailsOne of the ways distributors are capturing the hearts and minds of their customers is to provide free tools that make buyers’ lives easier. Although the channel expends development time and money in creating these tools, the hope is buyers will purchase components from — and stick with — the distributor that provides the assistance.…
DetailsAlthough the cloud is considered a platform rather than a tool, aspects of the cloud are particularly well-suited to supply chain management (SCM). Among the advantages of cloud solutions tailored for SCM are speed, visibility, ease-of-use and low cost of implementation. Two companies, E2open Inc. and GT Nexus, have been particularly active in the supply…
DetailsMansfield, Mass. − Mouser Electronics, Inc. has signed a global distribution agreement with Philips Lumileds Lighting Company to sell the company’s LED lighting solutions. Philips Lumileds’ family of high-power LEDs is used in a variety of applications including automotive lighting, computer displays, LCD televisions, signage and signaling and general lighting. The company’s LUXEON Power Light…
DetailsEl Segundo, Calif. − Only eight out of the Top 25 semiconductor suppliers increased their revenue growth in 2012. Those include Samsung (No. 2), Qualcomm (No. 3), Broadcom (No. 9), Sony (No. 11), NXP (No. 14), nVidia (No. 15), MediaTek (No. 18) and LSI (No.24). Global IC revenue declined by 2.2 percent from 2011, according…
DetailsChicago, Ill. − Newark element14 has doubled the size of its custom electronic component kitting facility in Plano, Texas, driven by increased demand for turnkey assemblies and engineering kits. As part of Newark element14’s value-added services, the distributor provides kits for design, production, field repair and maintenance. Services include a wide range of fabricated and…
DetailsWilmington, Mass. − Heilind Electronics now stocks the Hirose DF62 series of slim in-line connectors. The DF62 connector’s small size and durability make it suitable for servo amp, LED lighting, portable medical device, motion control, robotic arm, and gaming equipment applications. The DF62 connectors feature a locking structure that gives the user two lock completion…
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