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Cross Country revenue down 27%

November 3, 2009

Staffing Industry Analysts North American Daily News

Third-quarter revenue fell 27.2% at Cross Country Healthcare Inc. (NASD: CCRN) to $129.6 million from $178.1 million in the third quarter of 2008.

Third-quarter nurse and allied staffing revenue at the Boca Raton FL-based healthcare staffing firm fell 50.3% to $64.1 million from $128.9 million in the...


Commission sues Administaff, client

November 3, 2009

Staffing Industry Analysts North American Daily News

The U.S. Equal Employment Opportunity Commission announced a lawsuit against Administaff Inc. (NYSE: ASF), a Texas-based professional employer organization, and Conn-X LLC, a cable service provider in the Baltimore area, alleging religious discrimination.

While working for Conn-X, Scott Jacobson and...


Nesco buys Florida staffing firm

November 2, 2009

Staffing Industry Analysts North American Daily News

Nesco Resource, a Cleveland-based staffing firm, acquired PMH Resources, an engineering and information technology staffing firm based in Orlando FL. Terms of the transaction were not announced.

"Nesco Resource has a long-standing tradition of growth through acquisition, and PMH fits very well into...


Administaff revenue falls 7%

November 2, 2009

Staffing Industry Analysts North American Daily News

Revenue fell 7.3% at Administaff Inc. (NYSE: ASF), a Texas-based professional employer organization, to $390.9 million in the third quarter ending Sept. 30 from $421.9 million in the same period last year.

The average number of worksite employees paid per month fell 9.9% to 107,625 in the third quarter...


Nesco buys Florida staffing firm

November 2, 2009

Staffing Industry Analysts North American Daily News

Nesco Resource, a Cleveland-based staffing firm, acquired PMH Resources, an engineering and information technology staffing firm based in Orlando FL. Terms of the transaction were not announced.

"Nesco Resource has a long-standing tradition of growth through acquisition, and PMH fits very well into...


Contract watch: PeopleScout

November 2, 2009

Staffing Industry Analysts North American Daily News

PeopleScout, the recruitment process outsourcing division of SeatonCorp, announced a contract with Covance Inc., to provide RPO services at sites across four continents.

Covance is a Princeton NJ-based drug development company with annual revenue of more than $1.7 billion. PeopleScout will provide RPO...


Contract watch: Kelly Services

November 2, 2009

Staffing Industry Analysts North American Daily News

Kelly Services Inc. (NASD: KELYA) said a joint venture of which it is part -- called the imPACTS Team -- received two indefinite delivery/indefinite quantity contracts from the U.S. Department of Homeland Security's Program Management, Administrative, Clerical and Technical Solutions (PACTS) program....


FedEx: IRS team withdraws call for assessment

November 2, 2009

Staffing Industry Analysts North American Daily News

FedEx Corp. said Friday an Internal Revenue Service audit team now says the company won't have to pay a tax assessment in regard to FedEx Ground's independent contractors for the 2002 calendar year.

FedEx reported in September that the IRS was considering charging the company $14 million in taxes and...


Source2 revenue slips, but margin improves

November 2, 2009

Staffing Industry Analysts North American Daily News

Source2, an Orlando FL-based staffing firm, reported third-quarter revenue fell 20.5% to $2.7 million on a year-over-year basis. However, third-quarter gross margin improved to 25.7% from 20.5% in the same period last year.

In addition, the company reported third-quarter net income of $32,152, up from...


FedEx: IRS team withdraws call for assessment

November 2, 2009

Staffing Industry Analysts North American Daily News

FedEx Corp. said Friday an Internal Revenue Service audit team now says the company won't have to pay a tax assessment in regard to FedEx Ground's independent contractors for the 2002 calendar year.

FedEx reported in September that the IRS was considering charging the company $14 million in taxes and...