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Think Tank
Business Strategy Alignment: Page 143
Mercedes-Benz Strikes Supply Deal with H2 Green Steel
Besides supplying European facilities with 50,000 tons of green steel annually, the two sides signed an MoU for the potential supply of green steel in North America too.
Europeans Reluctant to De-Risk from China, Survey Says
Forty-six percent of those interviewed said they viewed China as an “ally or necessary partner” compared to just 35% who saw Beijing as a “rival or adversary.”
Distracted Driving: Using AI Technology to Break a Deadly Habit
A.I.-driven technology can help keep drivers and passengers safe by not only detecting distracted driving, but also identifying other potentially risky behaviors.
Flexport Completes Acquisition of Shopify Logistics
In connection with the sale that was originally announced May 3, 2023, Shopify received stock that equates to 13% equity in Flexport.
WE Soda Presses Ahead with U.K. IPO, Likely to Be London’s Biggest Listing of 2023
The organization said indirect net proceeds from the offering are expected to be about $800 million while the company could reportedly seek a $7.5 billion valuation.
DHL Relocates to a New and Larger Facility in Missouri
By moving its operations to Kansas City from St. Louis, DHL hopes to more than double the number of packages and parcels it processes in the Midwest.
ToolsGroup Selected by D.I.MAR to Improve Supply Chain Performance
D.I.MAR Srl will be able to better anticipate and adapt to market changes thanks to ToolsGroup's A.I. and probabilistic forecasting technologies.
Chinese Groups Lead Bids for Ford’s German Site as Tensions Rise
One of the bids comes from BYD Co. while another was made by several smaller Chinese car companies, according to people familiar with the situation.
GM and POSCO Future M Investing $1bn in North American EV Battery Supply Chain
The Ultium CAM joint venture will reportedly support the annual production of 360,000 Chevrolet, Cadillac, GMC, Buick and BrightDrop vehicles in North America from 2025 to 2030.
Solving the Dysfunctional Freight Contracting and Bid Process
The annual freight contracting and bid process leaves few guarantees and little assurance in the volatile trucking market. New AI-based solutions are looking to fix this.
Germany Nears $5.2bn Deal to Build Submarines in India
Thyssenkrupp AG’s marine arm and India’s Mazagon Dock Shipbuilders Limited are expected to jointly bid for the project worth an roughly $5.2 billion.
Centific Launches Pitaya.AI SaaS Platform
Pitaya.AI will be able to address stealing by preventing theft at cashier-assisted and self-checkout lanes often found in retail stores.
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