Playboy: Women of Wal-Mart
Tesha Mullen Suzan Battaglia Eden Orfanos Dee Murphy Elizabeth Beanblossom Kathryn McKee Deborah Moss Kristi Jones Tiffany Stephens     Hybrid Semi-Truck Promises Efficiency forced by the obama regime over a long period of time this Wall-Mart will learn that these Truck will cost more for Repairs than and brake downs than delivery services... Hybrid Semi-Truck are garbage throw them in the trash... Wal-mart Hybrid Semi-Truck it's seems like a good idea at this time... However Patcnews: The Patriot Conservative News Tea Party Network has talk with commercial Truck Drivers at FedEx and Fred W. Smith Told us they is No way that Fedex will Have Green Energy Trucks.. Even some of the Best FedEx Technicians said, "If there just one Green Energy Hydrid Semi I will find another Job before I work on the pace of crap truck." ....Hybrid Semi Trucks are Crap obama has no right to tell FedEx that you need Green Energy Trucks.... If FedEx gives into Green Energy Hydrid Semi Trucks it will cost the company on reapers than on making delivery's on time and FedEx will not be a fast service like we once had.... Message to Wal-mart The Trucks you have on the road Now Take them and trade them all into to Gas Power Caterpillar trucks.....  
The Patriot Conservative News Tea Party Network
Thanks for your Support
© All copyrights reserved By Patcnews
Michelle Fields ~ Samsumg 40 inch TV Set At Wal-Mart
    Wal-Mart Says Bribe Probe Cost $439 Million in Two Years
Wal-Mart Stores Inc. (WMT), the world’s
largest retailer, said it spent $439 million in the past two
years to investigate the possible payment of foreign bribes,
making it one of the most expensive probes in U.S. history.
The company spent $282 million in the fiscal year ended Jan. 31 and $157 million the previous year, and expenses will continue to rise, according to an annual report filed March 21. On Feb. 20, Wal-Mart projected FCPA probe and compliance costs would be $200 million to $240 million for fiscal 2015. In November 2011, Wal-Mart disclosed possible violations in Mexico to the U.S. Justice Department and Securities and Exchange Commission. The New York Times reported in 2012 that the retailer paid $24 million in alleged bribes in Mexico. The probe expanded to other countries, including China, India and Brazil, the retailer said in 2012. The U.S. is investigating possible violations of the Foreign Corrupt Practices Act, which bans payments by companies or their agents to foreign governments to obtain or retain business. Such probes typically end in settlements, with companies paying fines and admitting wrongdoing. Mexican authorities also are investigating, while Wal-Mart faces shareholder lawsuits and is examining its global anti-corruption compliance programs. 
In November 2011, Wal-Mart Stores Inc. disclosed possible violations in Mexico to the... Read More
No Estimate“While we believe that it is probable that we will incur a loss from these matters, given the ongoing nature and complexity of the review, inquiries and investigations, we cannot reasonably estimate any loss or range of loss that may arise from these matters,” according to the filing.David Tovar, a spokesman for Bentonville, Arkansas-based Wal-Mart, said it would be “inappropriate” to comment on the investigation before it is concluded. “We are working aggressively to enhance our global compliance program and are committed to having a strong and effective program in every market in which we operate,” Tovar said today in an e-mail. Wal-Mart’s fourth-quarter net income fell 21 percent to $4.43 billion, or $1.36 a share, from $5.61 billion, or $1.67, a year earlier, the company said in its most recent earnings release. The company forecast profit in the year through January 2015 that trailed analysts’ estimates. Store ExpansionsIn addition to the $24 million in alleged bribes, Wal-Mart made $16 million in “donations” to Mexican local governments as late as 2005 to speed store expansions, the New York Times reported in April 2012. The company also failed to examine fully claims by a company lawyer in 2005 that he funneled bribes to Mexican officials, the newspaper reported.“It’s relatively safe to assume that this is one of the highest pre-enforcement-action professional fees and expenses ever reported,” said Michael Koehler, a law professor at Southern Illinois University who writes the FCPA Professor blog. In 2008, Siemens AG, Europe’s largest engineering company, agreed to pay $800 million to the U.S. and $814 million to German authorities as part of a crackdown on bribery. During the course of the probe, Siemens spent $1 billion on attorneys and accountants and its internal controls. “Companies under FCPA scrutiny have to take it seriously and hire lawyers, auditors and compliance specialists,” Koehler said. “But when companies are paying more than $1 million per working day, one can legitimately ask the question: Has this turned into a boondoggle for everyone involved?” To contact the reporters on this story: David Voreacos in federal court in Newark, New Jersey, at dvoreacos@bloomberg.net; Renee Dudley in New York at rdudley6@bloomberg.net To contact the editors responsible for this story: Michael Hytha at mhytha@bloomberg.net Andrew Dunn, Stephen Farr....  Trucking Rates Come Down a Bit but Problems Persist for ShippersLess urgent deliveries being put off, and more cargo moving to rail
Regardless of the costs, some shippers will have to keep on trucking.
Photo:
Joe Raedle/Getty Images
Manufacturers and retailers are enjoying a breather from
soaring trucking costs, but many shippers say lingering problems in
booking big rigs point to more turmoil ahead.Rates on the spot market, where companies book last-minute transportation, have come down from record highs hit last month amid a nationwide shortage of available trucks. Shippers have postponed deliveries that aren’t urgent or are moving more cargo by rail, reducing pressure on trucking fleets struggling to hire drivers. But many shippers and trucking companies warn that the lull may not last, for a number of reasons. The strong economy is boosting freight demand. Produce distributors typically hire more trucks starting this month to move crops from Mexico and Southern states to grocery stores around the country. Full enforcement begins in April for a new federal safety rule that requires truckers to electronically log hours behind the wheel, potentially removing some big rigs from the road. Last week, the average spot rate for the most common type of big rig was $2.17 per mile, down from $2.26 in January, though still up a third from a year ago, according to online freight marketplace DAT Solutions LLC. Capacity remains tight, with demand measuring at about seven loads per available truck for the week ending Feb. 10, compared with 2.4 loads per truck during the same period in 2017, according to DAT. Heartland Express Inc., HTLD -0.05% a large trucking company based in North Liberty, Iowa, has been turning down an average 10,000 loads a week from shippers like Walmart Inc. WMT 1.50% and Lowe’s Co s. The turndown rate was about 500 loads a week at the start of 2017. “We’d love to haul them but we don’t have any drivers,” Heartland Chief Executive Michael Gerdin said. Carriers often have trouble recruiting drivers, particularly for long-haul trucking where drivers might spend weeks out on the road. And the tight labor market has compounded the problem, with some drivers leaving for construction or energy jobs that pay better or offer more time at home. Higher freight costs are weighing on corporate profits and raising prices for consumers. On Thursday, wholesaler US Foods Holding Corp. USFD 9.60% said the shortage of available trucks hurt its fourth-quarter profits, and it will attempt to pass along those costs to its restaurant and food-service customers in the coming months. Last week, Tyson Foods Inc. TSN 0.05% said rising freight costs will help push meat prices higher at the supermarket. Cereal-maker Kellogg K 3.07% Co.’s logistics costs rose at a double-digit rate in the fourth quarter, with percentage increases in the high single digits expected in 2018. Tight capacity is giving trucking companies the upper hand in negotiations over long-term freight contracts. Contract rates are expected to rise as much as 10% in 2018. This week, Werner Enterprises Inc., WERN -0.39% a large Omaha-based trucking company, reset its guidance on rate increases at between 6% and 10%, up from 4% to 8%. Some of the increases will go toward raising drivers’ pay and recruiting new operators, analysts say. Some shippers are moving freight over to rail, benefiting carriers that offer intermodal service to manage transportation on both road and rail. The number of truck trailers moved by rail in January rose 10% from the year before, according to the Association of American Railroads. While shipping containers from the ports account for most intermodal traffic, “in the domestic interior of the country, everything from diapers to widgets is going intermodal,” said Mark Rourke, chief operating officer at Schneider National Inc., SNDR -0.26% a large national carrier based in Green Bay, Wis. The company plans to add more trailers to its intermodal segment this year. Cargo moves slower by rail than by truck, and service problems have dogged some railroads in recent months, though carriers say they expect metrics to improve as the weather warms. Still, with big rigs and drivers in short supply, “the intermodal environment is as strong as we’ve seen it in the last four years," said Troy Cooper, chief operating officer at XPO Logistics Inc. XPO -1.57%
—Heather Haddon contributed to this article.
Write to Jennifer Smith at jennifer.smith@wsj.com LLC 501C- 4 UCC 1-308.ALL RIGHTS RESERVED WITHOUT PREJUDICEContent and Programming Copyright 2014 By Patcnews The Patriot Conservative News Tea Party Network © LLC UCC 1-308.ALL RIGHTS RESERVED WITHOUT PREJUDICE All copyrights reserved By Patcnews The Patriot Conservative News Tea Party Network Copyright 2014 CQ-Roll Call, Inc. All materials herein are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of CQ-Roll Call. You may not alter or remove any trademark, copyright or other notice from copies of the content. © All Copyrights reserved By Patcnews The Patriot Conservative News Tea Party Network |
