R.R. Donnelley & Sons Company (RRD) released its 2023 (Un)Packaging Reality Report, revealing how brands navigated last year’s market pressures and shortages to ease certain supply chain challenges and meet eCommerce demands. The second edition of RRD’s annual report now includes complementary input from label decision makers, in addition to the original audience of packaging decision makers.
According to the report, those citing product-related concerns dropped to 20% from the previous 34% while concerns surrounding packaging materials and transportation also mellowed. Meanwhile, eCommerce orders rose for 60% of respondents. Despite this challenging environment, 77% claimed their organizations moved closer to sustainability goals.
more at: https://investor.rrd.com/news/news-details/2023/RRD-Report-Amid-Steadying-Supply-Chains-and-eCommerce-Demands-Brands-Make-Meaningful-Strides-in-Sustainability/default.aspx?_gl=12nj1gl_gaMzY2NDQxNzE0LjE2NTQ1MTgyNjI._ga_2DQDYY9CC3*MTY4OTU5NTE3Mi4yNDUuMC4xNjg5NTk1MTcyLjYwLjAuMA..&_ga=2.31825534.115203656.1689595172-366441714.1654518262
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The U.S. Government Publishing Office’s (GPO) print procurement program awarded $469.2 million in contracts with private-sector printing companies across the country to meet the printing and publishing needs of Federal agencies in fiscal year 2024. This work represented more than 73,00 orders. Nearly 75 percent of all printing ordered by Federal agencies from GPO is performed by private sector firms working under contract with the Agency. GPO typically competitively awards contracts to approximately 1,000 printing contractors a year. Nearly 10,000 companies are registered to do business with the Agency, using GPO as their one-stop shop for print and related services contract opportunities. In fiscal year 2024, GPO awarded jobs to vendors in all 50 states, plus the District of Columbia, Puerto Rico, Guam, and the U.S. Virgin Islands. GPO’s relationship with the private sector dates back to the 1940s. This program provides significant economic opportunity for the printing industry and local economies.
Revenues went from $467.8 million in the third quarter of 2016 to $477.7 million in the third quarter of 2017, an increase of 2.1%. This increase is attributable to the contribution from the acquisitions in the packaging division, as well as the favourable exchange rate effect and the organic growth in revenues for the Printing and Packaging Sector. Organic growth in revenues is attributable to higher volume in the packaging division and higher demand for all services to Canadian retailers, namely for flyer and in-store marketing printing services, as well as for premedia and door-to-door distribution services, notably under the terms of the expanded agreement with Lowe's Canada, partially offset by the decline in revenues from the other printing division verticals. Net earnings increased by $3.1 million, from $45.9 million in the third quarter of 2016 to $49.0 million in the third quarter of 2017. This increase is mostly attributable to the increase in operating earnings, partially offset by the increase in net financial expenses. On a per share basis, net earnings went from $0.59 to $0.64. Excluding restructuring and other costs (revenues) and impairment of assets, net of related income taxes, adjusted net earnings increased by $6.0 million, or 13.6%, from $44.1 million in the third quarter of 2016 to $50.1 million in the third quarter of 2017. On a per share basis, adjusted net earnings went from $0.57 to $0.65.
Arandell Corp., the trusted leader in premier catalog printing and omni-channel solutions, announced today that V. Clark Vialle has joined the New Business Development Sales Team to enhance the Northeastern/Greater Boston market. Vialle is Arandell’s newest sales executive to join this month, strengthening its sales force to meet the needs of the company’s continued growth plan. In this position, Vialle will be responsible for new client acquisition and client consultation in areas of marketing strategy, quality and color improvements, paper, print production and postal optimization. Vialle will report to Stephen Sanfelippo, Arandell’s Senior Vice President of Sales and Marketing. Click Read More below for additional information.