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Think Tank
Industries: Page 187
Biden Administration Pledges $243M to Modernize Airports in 37 States
This money includes 150 grants that will be used to modernize airport infrastructure, improve runway safety and create jobs in 37 states.
‘Serious Challenge’ Ahead for Boeing, CEO Admits
Calhoun has been trying to show the firm is taking the situation seriously. On a call with financial analysts, he apologized and said the company took responsibility.
Delta Cargo Launches E-Commerce Solution DeliverDirect
The new service is aimed at e-commerce retailers seeking to optimize their direct-to-consumer shipping solutions.
China’s Manufacturing Industry Shrinks for Fourth Straight Month
The Chinese auto industry is also trending down after carmakers were
forced to delay
the delivery of some vehicles due to a production issue with computing units made by Huawei.
Chinese Wind, Solar Capacity to Overtake Coal in 2024
The China Electricity Council said that wind and solar energy would make up about 40% of installed power generation capacity in 2024, compared to coal's 37% capacity.
Watch: Electronics Inventories: From Shortage to Glut
P.S. Subramaniam, a partner in the Strategic Operations and Performance practice of Kearney, explains how electronics manufacturers went from having too few materials and components on hand to too many in a very short time — and how they can do a better job of planning in the future.
Vietnam, Philippines Expanding Cooperation in the South China Sea
Under the deals, Vietnam said it would supply the Philippines with 1.6 million to 2.2 million tons of rice annually.
Majority of Industrial Businesses Facing Resource Scarcity, Study Finds
Over a third of participants said that resource scarcity has led to increased costs for their businesses while another 27% said that these limitations have caused supply chain disruptions.
ThyssenKrupp Materials de México Inaugurates New Mexican Service Center
ThyssenKrupp said that it had invested $37 million in the new San Luis Potosí service center, which will go towards creating roughly 65 jobs.
United Executive Blames Boeing Problems on Worker Inexperience
United Airlines’ EVP of Finance said "part of the problem" is that the industry didn't anticipate the difficulties that would arise following a return to normalcy after the COVID-19 pandemic.
Retailers Are Planning to Shake Things up in 2024, Survey Finds
Overall, the report found most executives are feeling optimistic about business. Less than 10% of respondents expected sales to decrease year-over-year.
Tankers Hauling Kuwaiti Oil Veer From Red Sea After Friday Blast
Despite the diversions, lots of tankers — many hauling Russian oil — continue to ferry barrels through the waterway.
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