He likens the state of this work to that of commercial logistics in 1970, when he took over the customs-clearing firm from his dad.

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Like UPS, Landstar System ( LSTR) is a supply chain, logistics and transportation expert for all sorts of commercial needs.

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For other types of commercial property it might mean something different: a great logistics centre with a long lease, for instance, might be near a motorway and nothing much else.

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They said that full commercial details of the merger - including the legal structure, management and the logistics of combining the businesses - had already been fully worked out between the two of them before the politicians weighed in.

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Without access to lower-cost labor in places like Shenzhen, countless ideas hatched in U.S. laboratories which became viable commercial products that support hundreds of thousands of jobs in engineering, design, marketing, logistics, retailing, finance, accounting, and manufacturing might never have made it beyond conception because the costs of production would have been deemed prohibitive for mass consumption.

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