June 8, 2004
by Bob Meyer, Editor of BarterNews
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Age Acknowledges Active's Clout In Media World
the world's largest corporate trading firm, with gross annual trading
volume of approximately $1.3 billion continues to impress the marketplace.
Age magazine ranked Active as the 10th largest global media buyer.
Active's clients include industry leaders and Fortune 1000 companies
in the apparel, automotive, electronics, financial, food and beverage,
health and beauty, retail, and travel industries.
Founded in 1984,
Active acquires under-performing assets, including real estate,
capital equipment, and surplus inventory at up to full wholesale
or book value, in exchange for cash and/or a trade credit used to
offset operational costs. Headquartered in Pearl River (NY), Active
is an employee-owned company. For more info: www.activeinternational.com.
Build Rapport & Empathy With Your Client Base!!
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marketing tool in the barter industry, The Competitive Edge
newsletter, is all ready for your use...no work is needed! Click
Takes Place At Bentley Commerce
Corp. (OTCBB:BLYC) expects to reduce current operating costs by
approximately $1 million annually due to restructuring and consolidation
of its operations. Additionally, CEO Bruce Kamm says they have terminated
a number of employment and consulting contracts.
At a special
meeting of its Board of Directors in Los Angeles, the company introduced
a wide range of management procedures and financial controls, and
inaugurated a trade exchange advisory board.
Gordon Lee resigned as CFO, treasurer and secretary. Bruce Kamm,
CEO, will serve as interim CFO and treasurer. Robert Schumacher,
President and COO, will serve as corporate secretary.
Advisory Board Named
Named to the
Bentley Advisory Board, in addition to Bruce Kamm, is Joe Crump
of Bentley's Crump Barter Network, Alan Mink of AAA Barter, Steve
Webster and Ralph Meranto of Alliance Barter, Rae Ann Paulson of
Puget Sound Trading, Larry Usner of Louisiana Barter, and Steve
Merrill of New Market Networks. For more information: www.bentleycommerce.com.
barter company in the world is listed on our web site,
click through to our Global List
of Barter Companies.
"Thank You" To Herbert Teichmann & His Montreal Team
received an e-mail from Herbert Teichmann, founder of COMTEX Trade
Exchange in Montreal, Quebec, (www.comtextrade.com)
informing us that all of his nearly 1,000 clients received the following
message via e-mail:
know there's a magazine called BarterNews, 'the official
journal of the reciprocal trade industry?' Editor Bob Meyer publishes
a variety of useful articles on the industry, news on deals happening
between major companies, etc. The BarterNews mission statement is,
'to provide...readers...with a storehouse of information, ideas
issue (No. 62), includes an awesome article by Susan Groenwald,
who takes a look at the commercial trade exchange industry after
23 years in the business. She concludes by saying, 'the ultimate
goal is NOT necessarily to have more companies use barter, but to
help companies be more profitable.' I share the same concern.
want to read more, you're welcome to get in touch with me; I'll
be happy to send you a copy of the article. It gives a great idea
of the challenges I'm confronted with every day in my work at COMTEX."
issue #62 is now available...get yourself a copy now! Orders
are shipped within two business days. (Click on Order Form.)
Economic Reform Key To Middle East Change?
For the last
three years, about $60 billion annually in long-term direct investment
from foreign corporations has poured into the developing countries
of Asia. At the same time, the developing countries of Latin America
and the Caribbean have received more than $30 billion a year. As
for the poor countries of the Middle East, they've taken in barely
$6 billion a year.
June 7), President Bush is presenting his Greater Middle East initiative
to a meeting of the Group of 8 nations at Sea Island (GA). That
initiative is about providing greater educational opportunity for
societies in which half the people are younger than 20 but at least
a third of the population is illiterate.
will also promote movement toward free elections and more open economic
systems in the Middle East, home to 5% of the world's population.
A chief aim is to "establish the conditions that make it attractive
for money to come back to the region, as well as new money to come
to the region," according to U.S. Undersecretary of State Alan
goal is to turn the region into an Arab common market, which will
draw capital from all over the globe, and at the same time create
a large local business class, which can pave the way for a series
of peaceful Islamic democracies. It's a distant dream today. But
60 years ago, when Allied troops stormed the beaches of Normandy,
few were predicting a bright future for Europe.
New Money-Making Ideas And Valuable Contacts!
You can obtain
useful, informative ideas and contacts in every available back-issue
New Trend Underway
from Silicon Valley, famous for funding technology's leading edge,
are now pushing the companies they fund into becoming "micro-multinationals,"
i.e. a company that from its inception is based in the U.S. but
maintains a less-costly, skilled work force abroad. (The VCs are
also prodding young companies in which they already own stakes to
move in this direction.)
The key, according
to the VCs, is not just labor cost but greater productivity, in
that when engineers in the Valley are going to sleep, those in India
are waking up. In short, technology companies are looking at globalization
as a natural phenomenon without borders.
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information on The Barter Marketplace click
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Lombardi, 15-year old son of Debbie Lombardi, president of Newington-based
Barter Business Unlimited, www.bbu.com, raised $10,000 (cash and
trade) over five months for the Connecticut March of Dimes.
Network Inc. (BNI) of Chadds Ford (PA) recently acquired The Barter
Connection, a Chester County-based trade exchange. BNI's membership
base will now total 1,250 businesses. For more information: www.bniusa.com.
• A survey
by real estate services firm Jones Lang LaSalle of Chicago, reports
that 80% of real estate executives for major companies said they
were likely to increase their offshore call centers and computer
services over the next five years. And two-thirds said they were
likely to increase offshore back-off functions. Bottomline: outsourcing
will slow the growth in demand for commercial office space.
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Stearns economist David Malpass is predicting another year of double-digit
growth in global output, topping the previous-high of 11% in 1993,
with total world-wide GDP soaring to $36.6 trillion.
And while China
and India are still a relatively small factor in the world economy,
accounting for less than 5%, their rapid growth has supplied impetus
to the global recovery. They have given the world something Malpass
believes it always needs...underdeveloped nations with pro-growth
only the second week in June, yet TradeAmericanCard in Orange County
(CA) is promoting its Holiday Barter Expo scheduled for December.
Lewis, head of commodity research at Deutsche Bank in London, contends
that by various measures oil isn't so expensive. Oil would have
to climb to above $50 a barrel to match where it stood during the
1990-1991 Gulf War, in inflation-adjusted terms, he explained. "And
relative to incomes, oil prices would have to rise to just over
$80 a barrel to bring them into line with the 1974-to-1985 period,"
Barone's recent book, Hard America, Soft America, says America is
soft when it comes to running our schools but hard when it comes
to making a living. America is hard because it relies on markets,
selective colleges, and an ungenerous public welfare system.
live in "Soft America," our adults in "Hard America."
Exactly the opposite is true in many European countries, where,
according to Barone, children go to difficult and competitive high
schools. But then as adults, they live in a "Soft Europe"
of long vacations, short work weeks, and generous unemployment and
the bulk of TV ad dollars are still destined for broadcast networks,
the gap is narrowing with cable channels making inroads in the scramble
for advertising dollars. Advanced or upfront sales, where the networks
sell about 80% of their advertising inventory, approximates $9 billion
this year for the major networks (a bit less than last year), while
cable channels have gained a $1 billion boost over last year's $5.4
billion in sales.
• A new
law will throw China's retail and distribution sectors wide open
to foreign investors, as it removes both long-standing restrictions
and the threat of recently proposed measures to further hamper foreign
investment. Beginning in December, foreign retailers can do business
without Chinese partners and set up stores anywhere in the country.
Angeles International Airport (LAX) is a crucial gateway for international
travel, not just to Asia but also to Europe. It's the busiest airport
in the world, in terms of passengers beginning or ending a trip
there (excluding connecting passengers).
rebuilt for the 1984 Olympics, is in dire need of modernization.
And the hot new issue is a plan to build a costly central check-in
facility more than a mile away from the boarding gates. The design
is being touted as a new model for airport security.