Moving and Storage Business News

The News Review:

- Hawaii mobile-storage firms offer alternative to self-storage
- New To Town: Wayne Daniels of Cord Moving and Storage
- Centrica evaluating UK storage needs
- 5 smart ways to save on the move back to school
- Islon Systems Q2 2009 Earnings Transcript

Hawaii mobile-storage firms offer alternative to self-storage
Pacific Business News
have a total of more than 1000 portable storage units rented on ahu. The units are either stored at homes and business sites or at the companies’ warehouses. In addition to offering long-term storage the companies say their units are popular as a short-term option for people who are moving. “We drop off the box give them a few days to load it pick it up and then deliver it when and wherever they want it” said Halona Brooks branch manager for Portabox Storage Hawaii. “It can be more convenient than having to rent a large truck transport their stuff to a facility and then have to rent a truck again when they need to retrieve their stuff. ”Both companies say business picks up during military deployments and when the real estate market is favorable for buying and selling. The average customer for both companies rents for six months.
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New To Town: Wayne Daniels of Cord Moving and Storage
PR Web (press release) (press release)
Louis customers that require personal household goods moving locally across the United States or internationally. As a leader in transportation services for home office and industrial relocations computer museum art moving and a varied list of electronic equipment transportation Cord Moving and Storage is has established a long list of nationally known Fortune 500 customers. Customers continue to rely on Cord Moving and Storage's core values of honesty fairness and professionalism in all aspects of business as the company is highly respected in the moving and storage industry.

Centrica evaluating UK storage needs
PennEnergy
The other offshore location under review is the Bains field in the Irish Sea off northwest England. These two facilities along with a potential onshore scheme at Caythorpe could add around 85 bcf to Centrica’s UK storage roughly two-thirds of the capacity at Rough. The company says it is moving forward on early engineering studies in each case and expects to take final investment decisions in 2010. Portland Gas Holdings is seeking financial support for another proposed scheme at Portland on the English south coast designed to store 35 bcf of gas. The program includes construction of an offshore pipeline across Weymouth Bay.

5 smart ways to save on the move back to school
Baltimore Sun
SHP ARUND With the recession now in its second year and fewer people moving overall many moving companies and truck rental agencies are offering discounts and special student rates. Xpress Movers offers students 10 percent off for example Michael’s Moving & Storage in Boston is offering students moving locally a truck with two movers for $79 per hour with a two-hour minimum. Some alumni associations also offer discounts for students. Locally based truck rental companies often offer the best prices in a given market. Among the Web sites that aggregate price quotes are www.

Islon Systems Q2 2009 Earnings Transcript
Seeking Alpha
Second; our operations team began executing our cost savings programs in our own supply chains. And third; our services organization continues to deliver higher level of customer service while keeping the lid on top. These factors taking together drove gross margins to equal our previous company record set in Q3 of last year. Moving on to operating expenses; excluding the impact of our previously announced restructuring plan and stock-based compensation our Q2 2009 operating expenses totaled 18. 8 million compared to 19. 9 million last quarter and 21 million in the second quarter of 2008. In our last call we had indicated that restructuring charges could as high as 850000.