Author Archives: Linda Conklin

Severe Winter Weather Weighs Heavily On UPS Profits

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If you are going to ship a parcel domestically or internally, it is important to compare parcel delivery costs to gain the best deal. Making comparisons is easier when done online because the process only requires parcel collection and delivery details including information on the estimated weight and dimensions of the parcel.

According to UPS their first quarter net profit was relatively high because of strong package volumes from the core US segment; however, delivery costs were also higher because the severe winter weather that weighed heavily on the profits. According to the world’s largest parcel delivery company, their revenue increased by 10% to $17.1 billion compared to a year ago. Revenue exceeded the expected $16.47 billion.

However, the severe winter weather impacted heavily on operating profit by $85 million. Expenses for network improvements were also high including pension costs and expansion of Saturday deliveries. Taking everything into consideration, operating profits in the core domestic segment went down by 20% or 6% overall.

Helane Becker, analyst of Cowen & Co., higher costs can certainly affect earnings. Generally, the company struggles with capacity issues during the weeks before Christmas which is considered as peak season for parcel delivery companies. Unless performance improves, companies will experience issues in achieving their EPS targets.

UPS which is also considered as an indicator of the country’s economic strength and consumer demand has promised to deliver higher margins by investing billions of dollars into network upgrades and expansion to be able to handle the continuous growth of ecommerce. The significant increase in online shopping has certainly increased demands for shipping.

Meanwhile, UPS is struggling in bringing down extra costs of delivery to households that receive fewer packages compared to businesses. It appears that UPS is trying to bring down shipping costs because it is difficult to predict the next step that Amazon and other shippers will make.

A consumer that makes the effort to compare parcel delivery quotes is more likely to save on freight costs. Even if the parcel is to be shipped domestically, it makes sense to compare costs because there are discounted shipping services that are lower than what the competition offers.

Consumer Agency Questioned Over Frosted Windows Spending

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One of the latest updates in modern offices is adding privacy window film on the Central Coast because of the many benefits. Aside from window film, an option to have frosted windows is possible. This is what the Consumer Financial Protection Bureau opted to spend on for the offices of their senior staff. The agency claimed to have used over $5,000 for the said frosted windows.

It was only recently when CFPB relocated in their newly renovated offices. The renovation alone set them back by over $240 million and a few months later they spent more cash into the window frosting. Mick Mulvaney, the head of the CFPB, said that prior to taking the role on the agency he has already thought of removing the said improvement work from the budget.

Based on the receipts provided by CFPB, the bureau made an order twice for the window frosting film. The first one was September of previous year and the second one was February of this year. The frosting film has already been applied to the windows of the offices where the leading political staff are designated along with all the conference rooms. The information was provided by an individual familiar with the issue inside the agency but chose to remain anonymous because they are not allowed to speak publicly regarding these matters.

The bureau did not say why they must install frosting film to the windows of the senior staff. This is not the only issue where the CFPB has been questioned regarding the spending since the office has been taken over by Mulvaney. There was also the issue of awarding considerable salary increases among deputies he appointed to aid him in managing the bureau. This was proven by a copy of the salary records from the agency.

Mulvaney took office at the end of November 2017 and he appointed around eight political staff with him. Four are currently earning $259,500 annually while the other one is earning $239,595. It was quite a surprise that Mulvaney allowed to spend that much money for window frosting when he used to think that the agency should be eliminated because it was unnecessary. There might be some benefits in using frosting film much like privacy window film on the Central Coast because it helps protect an office from burglaries and privacy is a top priority.

Suzuki India Launches The GSX-S750

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Suzuki Motorcycle India, subsidiary to the international Suzuki Motor Corporation, made an announcement on the 25th of April 2018, one that’s been eagerly awaited by the Suzuki motorbike dealers in the country for quite some time now; the launch of the GSX-S750 in the country.

Originally, the GSX-S750 was shown off to India’s motor enthusiasts at the 2018 Auto Expo, and now, the bike is launching across the country, to be sold at Rs 745,000 or about US$11,000. The Suzuki Big Bikes dealerships across India are now taking bookings for the new bike, and the first batch of bikes is expected to be shipped sometime in May. For those looking to head for their Suzuki motorbike dealers, the bike will be available in 2 color schemes: Metallic Triton Blue/Glass Sparkle Black and Glass Sparkle Black/Candy Daring Red.

The new model resembles its cousin, the Suzuki GSX-S1000, maintaining the same aggressive styling but scaled down, as the GSX-S750 measures in at 2,125mm and 1,055mm in height and length, respectively, with a 1,455mm wheelbase and a seat set at the height of 820mm next to its fuel tank. An all-digital LCD instrument console provides info to the rider and allows access to the bike’s three traction control system.

The motorbike is powered by a 749cc, liquid-cooled DOHC in-line engine with four cylinders, giving it 114hp @ 10,500 rpm, as well as 81Nm of torque @ 9,000 rpm. The bike’s 6-speed gearbox transmits its power to its Bridgestone Battlax Hypersport S21 tires, set with 17-inch alloy wheels. Stopping power is provided by Nissin Brake-powered four-piston twin disc brakes up front, with a 240mm single-piston caliper out back. The dual-channel ABS that’s standard in most motorcycles is, of course, also present. The bike’s fuel tank can hold up to 16 liters, and the whole thing itself weighs in a 215kg, a bit higher than average.

The bike will release on the market, and is expected to clash with the Triumph Street Triple S, the Yamaha MT-09 and the Kawasaki Z900.

Satoshi Uchida, Managing Director for Suzuki Motorcycle India says that the GSX-S750 is not only Suzuki’s first release for the financial year of 2018, but is also their first sub-1,000cc product.

First Apartment In Sydney Equipped With Solar Power Saw Reduced Bills

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Co-op Stucco is a student housing apartment built in Newtown, Sydney and was recently equipped with solar power. According to the residents, since the installation of the solar panels and battery, they have noticed the big percentage reduction with regards to their power bills. It has already been a year since the system was installed in Stucco confirmed that the power bills of the residents have reduced to almost 55 per cent. This is because of the fact that the generated energy is greater compared to its usage in the previous year. During the completion of the building, commercial painters in Sydney were hired and the painting remained in good condition despite the installation.

Stucco waited for a year of operation before giving any regarding the system. According to their figures, the system has done some positive change for their residents. In fact, the electricity bills have decreased by 55 per cent with the help of 114 solar panels along with 36 modular batteries from Enphase.

During the previous year, the residents had to pay only $240 worth of electricity bill. There is a big difference compared to the year before that wherein they have to pay $540 since they have been getting electricity from traditional retailer alone. With this setup, the co-op serves as the manager as well as retailer in what is considered to be an embedded network. Which means occupants can buy electricity from them with the condition that there is enough solar energy stored inside the batteries coming from the solar panels.

The project leader is Bjorn Sturmberg while he was still in charge of Stucco. According to him, the results from Stucco showed that it is possible for the apartment sector of Australia to have access to renewable energy which does not hurt the environment. This will also help tenants in the city to reduce their cost of living which is undeniably higher. Gone are the days when only private homeowners can access solar powered system.

Developers planning to develop apartments in the area will have to invest in more than just commercial painters in Sydney if they want to offer more to their tenants.

New Research Shows Big Savings From Food Waste Reduction

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A new research paper, made thanks to the minds of Champions 12.3, gives out a very strong argument for any hotel worth their salt, like any good citrus suites hotel, to reduce their food waste. Data from the paper shows that, with every US$1 invested in food waste reduction, hotels managed to save about US$7 in operational costs.

The paper, titled The Business Case for Reducing Food Loss and Waste; Hotels, was an evaluation of financial data for 42 hotel sites, some of which from notable brands like Sofitel and MGM, located across 15 countries, and discovered that nearly every hotel had good returns on investments made to reduce food waste produced. Within the first year of investing in reducing food waste, 21% reductions in food waste produced were seen, with over 70% of the hotels already making profits from their investments. By the next year, the vast majority (at 95%) of the hotels made their money back on the investments.

The investments include food waste monitoring, food handling and storage method training for the staff, as well as designing new menus or revamping the current ones. About 90% of the sites managed to keep their total investments below US$20,00, less than 1% of sales on average, showing that the costs of adapting these changes were quite low, especially when compared to the benefits they brought in.

Champions 12.3’s Chair, Dave Lewis, says that there’s a lot to be done if the world hopes to cut food waste in half by 2030. The report, he says, is clear evidence that reducing food waste isn’t just a morally sound course of action, but an extremely profitable one as well; if CEO’s don’t see the moral value, the financial value is easy to see.

Sofitel Bangkok Sukhumvit’s Director of Food and Beverage, Lionel Formento, says that he hopes that the industry will see reducing food waste as a big move to be made. He says that Sofitel Bangkok Sukhumvit prioritized reducing its food waste, as their customers have embraced environmentally friendly ideas wholeheartedly. He hopes that this paper will pave the way for every citrus suites hotel across the world to follow suit.

Approximately a third of all the food produced across the world is never eaten, which has huge consequences on several fronts. Economically, wasted food amounts for US$940B in losses. Environmentally, they’re responsible for 8% of the world’s annual greenhouse gas emissions. Socially, about 800 million people across the world are lacking in food.

Enjoying Phuket In A Private Pool Villa Resort & Private Beach

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Phuket is the largest island in Thailand and the Pearl of the Andaman Sea. What first attracted travelers to this island is its natural beauty, making it one of Asia’s top travel destinations. Today, many love to come to Phuket for a high end experience on their vacation. Of course, there will be luxury hotels to accommodate guests; however, if you want some privacy, why not settle for a private pool villa resort & private beach to enjoy the island.

A Luxury Destination to Enjoy

Phuket’s popularity has indeed been a blessing to many travelers who want to enjoy the finest restaurants of the country. The beaches have amazing panorama where you find many resorts and hotels to accommodate you. Surely, there will be a private pool villa resort & private beach if you want to experience privacy and a nice retreat ambiance. The resorts also come with state-of-the-art facilities and villa services. After all, you’re here to enjoy Phuket and a worthwhile vacation.

A Luxurious Beach Life Style

When you spend a day at the Phuket beach, it isn’t enough to leave your towel on the sand and swim in the seawaters. If you have managed a stay in a private pool villa resort & private beach, you can practically do anything under the sun. In Phuket, you can find many beach clubs offering comfort right at the shore. You can also enjoy dining with the best gourmet meals and go nightclubbing with renowned DJs and performers.

Enjoying the Seawaters

When you visit Phuket, you have come to this island to enjoy the seawaters. You go for watersports like snorkeling and scuba diving. You can also get amazing choices of private and chartered yacht and other cruise services. This is the perfect time to go island hopping, especially when you discover what Phang Nga Bay.

Phuket’s Artistic Styles as Souvenirs

In Old Town Phuket, you will find impressive upscale boutiques that offer unique gifts and souvenirs to buy. They feature a wide array of interesting collections of homewares, arts and fashion. Here, you’ll a lso see some architectural attractions that showcase the rich Sino-Portuguese heritage. As you’re definitely in Phuket, you can bring memories of this gorgeous island and the private pool villa resort & private beach where you are booked.

A Different Adventure In The Waters Of Thailand

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When you hear Thailand, what comes to mind are pristine beaches, temples and shopping malls. However, before you go to Thailand, remember that there are other adventures you can experience aside from the usual tourist destinations. You can try a sailing trip around the islands through yacht charter in Phuket to enjoy the Adaman Sea and the islands that have not been discovered by mass tourism.

The most popular places in Thailand that tourists are familiar with are Phuket, Pattaya, Ko Samui and Bangkok; however, there is more to Thailand than these places. For example, Koh Chang is one of the largest islands that offer something for all kinds of travellers.

From Bangkok, the capital of Thailand, a traveller can get a connecting flight to Trat, an easternmost province located along the Thai coast. The Trat airport is not your traditional airport that has glass walls and strict immigration and custom clearance officials. Elephant topiary figurines will greet you upon arrival. Its high wooden ceilings, cosy benches and serene ambience will remind you of a grand cottage not an airport arrival lobby.

After leaving the airport, you find food stalls where you can eat homemade sticky rice with chilli, garlic, chicken basil and tea-flavoured ice lolly. The street along the White Sand Beach becomes a makeshift food market at night where vendors sell different kinds of traditional Thai food from meat in skewers to grilled squid and fired insects.

You can start your Thai adventure with the trip to Bangbao, a quaint fishing village which is the main point for those who want to snorkel, scuba dive and enjoy island hopping. Holidaymakers can rent a speedboat to Koh Mak and enjoy the beautiful tropical island of blue waters, white sand and palm trees. At Koh Rang, some of the most amazing underwater corals and vibrant-hued fish can be found.

There are different types of sailing packages available to travellers from yacht charter in Phuket to catamarans. There is a choice between crewed and bareboat charters for day or weekly trips around the islands. For inexperienced travellers, there are crewed trips with a team that will provide all the necessary service for your comfort and convenience.