UPS Bolsters Healthcare Logistics Capabilities with Cold-Chain Acquisitions

Second Quarter 2017 Financial Highlights: Net revenues totaled $209.0 million, a 2% year-over-year increase. Consumer net revenues totaled $179.1 million, a 1% year-over-year increase. Shutterfly Business Solutions net revenues totaled $29.9 million, a 10% year-over-year increase. GAAP Operating loss totaled $31.8 million and Net loss was $22.8 million or $0.68 per share. On a proforma basis, which excludes restructuring charges of $4.7 million and capital lease termination charges of $8.1 million, our operating loss was $19.1 million, Adjusted EBITDA was $17.4 million, and Net loss was $14.9 million or $0.44 per share. Click Read More below for additional details.

Savvas Learning Company, a K-12 next-generation learning solutions leader, is proud to announce that its Savvas Realize learning management system (LMS) has received Tech & Learning’s 2022 Best Tools for Back to School Award. Savvas Realize, the publishing industry's most innovative LMS, was honored in both the primary and secondary education categories as an exceptional technology platform that supports educators heading back to school. The 2022 Best Tools for Back to School is a new category in Tech & Learning’s Awards of Excellence program, which recognizes innovation in the edtech industry. The new award celebrates technology solutions that offer schools versatility, compatibility, and value while supporting innovative, effective teaching and learning. In praising Savvas Realize, the judges commented that “a single place to sign on and access curriculum resources makes this platform extremely valuable. The collaboration pieces are a huge benefit to teachers. They love having all of their resources in one place for quick access.”

The Occupational Safety and Health Administration said it is suspending enforcement of the Biden administration’s COVID-19 vaccine mandate for large private businesses “pending future developments.” The move comes after the U.S. Court of Appeals for the Fifth Circuit temporarily halted the rule, saying that that it “grossly exceeds” the authority of the agency that issued it.” "The court ordered that OSHA 'take no steps to implement or enforce' the ETS [Emergency Temporary Standard] 'until further court order.' While OSHA remains confident in its authority to protect workers in emergencies, OSHA has suspended activities related to the implementation and enforcement of the ETS pending future developments in the litigation,” OSHA stated.