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New Technology Increases Safety and Cuts Cost

2015-02-20 11:31:25| Industrial Newsroom - All News for Today

BERGEN, Norway Welltec, the world leader in safe and cost effective well optimization, is pleased to share this recent success demonstrating pioneering approaches that solve today's oil and gas challenges. The development of a unique mechanical cutting tool makes it possible to eliminate explosives from many...

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Hampshire cuts outlook on order and quality issues

2015-02-18 11:45:00| Daily apparel & textile news and comment - from just-style.com

Hampshire Group has cut its sales and earnings outlook for the fourth quarter due to the cancellation or delay of December deliveries, in addition to quality issues from a key fabric supplier.

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Hampshire cuts outlook on delivery and quality issues

2015-02-18 11:45:00| Daily apparel & textile news and comment - from just-style.com

Hampshire Group has cut its sales and earnings outlook for the fourth quarter, blaming the cancellation or delay of December deliveries and quality issues from a key fabric supplier.

Tags: quality issues delivery hampshire

 

Trinidad Drilling cuts one in five salaried workers

2015-02-17 22:16:00| Logistics - Topix.net

Colleen De Neve/ Calgary Herald TURNER VALLEY, AB --APRIL 1, 2014 --Trinidad Drilling floor hand Tobias Metz, left, and Ivan Popovic work around the drill at the drilling rig at a Legacy Oil and Gas site southwest of Turner Valley on April 28. 2014. 00054826A SLUG: HISTORY OF OIL LEGACY TOUR Trinidad Drilling Ltd. is laying off one in five salaried employees, enacting a seven per cent across-the-board wage cut and trimming its executive salaries and directors' fees by 10 per cent to deal with reduced activity due to low oil and gas prices.

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TNT Express to Raise Profitability on Cost Cuts, IT Spending

2015-02-17 12:21:33| Trucking - Topix.net

Dutch logistics company TNT Express NV said profitability in its international business will climb to as much as 10 percent of sales as it cuts costs and upgrades its information-technology systems. Earnings before interest and taxes in the company's international operations will amount to between 8 percent and 10 percent of sales by 2019, while the domestic units will earn a margin of 4 percent to 5 percent, the company today said.

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