Moving and Storage Business News

The News Review:

- Extra Space Storage Inc. Reports Operating Results for the Three…
- Warehouse retooling
- Lining Up With Money to Burn
- Video Trends for 2007
- Propane demo in works

Extra Space Storage Inc. Reports Operating Results for the Three…
NewsBlaze – Dec 31, 2006
‘Our properties, as they have throughout the year, performed well in the fourth quarter with solid increases in both revenue and NOI. Demand remains strong overall and we are well positioned heading into the new year,’ said Kenneth M. Woolley, CEO and Chairman of Extra Space Storage Inc.

Warehouse retooling
ITP.net – Dec 31, 2006
?The most notable result of this was a large mezzanine structure for spare parts, which, like the racking in the warehouse, was built and designed by SSI-Schaefer. This structure is required in the Jebel Ali warehouse, as ? unlike in Europe ? there is a high demand for spare parts in this region. Elsewhere in the distribution centre there is selective pallet racking, as well as specialised bins for storage. For the fast-moving home products, there is a special bulk store for block stacking close to the door. This comprises 40 blocks, which each one holding two containers of 30 pallets. ?We decided to accommodate at least two containers of each line in this area? so that the 80 fastest-moving products would be located closest to the pick face,? explains Philip. The bulk store is also designed so that the stock can be accessed from either side, which then means that two people can pick from it at once.

Lining Up With Money to Burn
Washington Post – Dec 31, 2006
Still, according to a front-page article that appeared in the New York Times on Christmas Day, a Ferrari dealership near New York City had a waiting list of 50 for the 599 GTB, a car that starts at $255,000, even though the dealer expected to get just one more in stock. I know that Ferrari is a low-volume company producing 3,500 automobiles annually for wealthy clients around the world. But I was still shocked by the story in the Times. Who spends that kind of money on such wondrously impractical, prodigiously consumptive cars?The Times said the customers were largely Wall Street bonus recipients — stock traders, money-changers, bankers and arbitrage specialists, people who were rewarded handsomely — including a $53. 4 million bonus for one individual for one year’s work — for their prowess in making a deal. They have money to burn… It also has enough trunk space for a bag of golf clubs — 11. 3 cubic feet, storage room created by moving the Fiorano’s massive six-liter V-12 engine up front, instead of situating it immediately behind the car’s cabin, as in classic Ferrari cars. I am told by Ferrari dealers and enthusiasts that the owners of these exotics seldom drive them on crowded, mean city streets. Instead, they prefer taking them to private tracks and other high-speed venues where they can race them about — va-va-va-rrooommm!Except, well, I don’t understand that, either. Making all of that bonus money buying and selling companies that they did not build or run; putting together deals that often have the unhappy effect of putting many people out of work; and trading stocks whose value is derived from services the traders don’t actually deliver and from products they neither develop, design, make nor sell take a lot of hours off the clock. When do they have the time to go to the track?.

Video Trends for 2007
IBLNEWS – Dec 31, 2006
Many video content providers, including broadband channels, could be accessible on consumers’ TV. All eyes on Google, since it is a company well-positioned for success in a broadband video world. Google had identified video distribution and advertising as big frontiers to be exploited. They could attempt to create a “long tail” of video advertisers (beyond TV’s traditional big brand marketers) and also apply the company’s unique algorithmic ad system to monetize video content better than anyone else. Their intellectual and financial resources are immense, and if they succeed, the repercussions throughout the video value chain will be significant… The intense viral nature of compelling video launched more than one unknown amateur video producer into the stratosphere this past year. Big brand marketers will embrace broadband video, moving it from an experimental pursuit to an integral part of the marketing mix. More and more brand marketers are realizing that broadband video offers a game-changing opportunity to reach their audiences in ways never before possible. Marketers launching broadband video initiatives include Nike’s JogaTV, Ford’s “BoldMoves”, Krups Espresso Shorts and others. This month Coke partnered with YouTube for a special holiday greetings video feature. Super Bowl XLI will debut numerous cross-platform (i.

Propane demo in works
Petroleum News – Dec 31, 2006
“What we don’t know about is how, in a rural setting, we’re going to move the propane around,” specifically on the Yukon and Kuskokwim rivers, Heinze said. He described a demonstration project that would get the authority a piece of information it doesn’t now have – the cost of providing propane to small rural communities on Alaska’s major river systems. Yukon River propane plantThe long-term goal would be propane extraction from a line moving gas to market from the North Slope. A mixture of propane and some ethane and butane could be separated as a liquid from a small side stream of the pipeline gas using a small gas plant, Heinze said in a paper describing the project. The cost would be modest, he said, and residue gas would be returned to the line. The transportation cost for the gas would be low since the Yukon River is close to… html’>oil prices, “long tenuous transportation systems – basically you’re hauling it up from the mouth (of the rivers) and then you’re making deliveries to communities that are not very big. ” Add annual storage costs to that and the economics are not good, he said. The propane would not replace diesel for all purposes: power plants may run on diesel. “On the other hand, why are you using diesel or electricity to heat hot water? That’s a natural task for propane,” Heinze said. Consulting Engineers completed a feasibility study on propane distribution in coastal Alaska for the authority in August 2005.