Management

In February, we reported that the average cost to ship a cargo container had risen 80% since just three months prior. That rate put it at triple the cost compared to the start of 2020. Now that rate compared to 2020 has more than quadrupled, as Drewry Shipping Consultants Ltd. rated the price to ship…

Cap America Inc. announced that Patty Henderson has been promoted to vice president of procurement. Henderson has been with the company for 34 years, beginning in 1987 as purchasing clerk. She was promoted to purchasing manager in 2003 and senior purchasing manager in 2006...

You have all heard the saying, “Money doesn’t grow on trees.” We all get that. But what no one tells you is where money does grow. The truth is that money grows in “other people’s pockets.” So how do you get your share of money in “other people’s pockets”? Relationships. I have said for decades…

Ask the Accountant… Question: I had some accounting in college. Can I enter transactions in QuickBooks as Journal Entries instead of learning the software? Answer: QuickBooks is designed to follow their designated flow so that your entries are recorded correctly. By doing this, the debits and credits are recorded automatically in the background of the…

Superior Group of Companies, parent company of BAMKO, reported today that it has promoted BAMKO founder Philip Koosed to chief strategy officer of SGC. Jake Himelstein, formerly chief operating officer and chief financial officer for BAMKO, will step into Koosed’s role as president of BAMKO...

Edwards Garment today announced several changes to its leadership. Gary Schultz, president and CEO, announced his decision to transition to retirement. He will maintain his leadership role as CEO for the organization, and will continue to advise the new president, Jose Gomez, through this transition...

Many people give me objections that they believe are valid reasons for not using LinkedIn. Let’s deal with the most common ones.

Pen Company of America (PCA) announced the acquisition of Garland Writing Instruments and Ben-Art Manufacturing in two separate transactions. The Garland acquisition is most interesting, because the pen supplier permanently closed in October due to challenges brought on by the pandemic...

The month of June marks the 100th anniversary of the Flottman Company, Crestview Hills, Ky. What started in 1921 as a print job shop has now become a leader in commercial printing, pharmaceutical miniature folding and digital marketing. Currently a woman-owned business and part of...

The Promotional Products Education Foundation (PPEF), the promotional products industry’s nonprofit dedicated to recognizing and encouraging scholastic excellence and academic performance among promotional products industry employees and their college-aged children, will award $278,750 in scholarships for the 2021-2022 academic year. “Very few industries are as close-knit and deliberate about the success of others as the…