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Think Tank
Industries: Page 208
Chevron Discussing 15-Year LNG Supply Contracts with Europe
European imports of super-chilled fuel grew after Russia paused pipeline gas exports following the country’s invasion of Ukraine in 2022.
Transnet Starts South Africa Rail Reform With Key Unit Formed
The company has requested a bailout from the state of about 100 billion rand ($5.3 billion) over the next two years.
Toyota to Hike Pay for U.S. Hourly Workers After UAW-Detroit Deals
Workers at U.S. plants operated by Toyota are not unionized. But UAW President Shawn Fain has vowed to expand his union’s reach beyond the Detroit three by 2028.
Watch: The Big Changes in Supply Chain Network Strategy
Richard Thompson, international director of supply chain and logistics solutions with JLL, reviews the major changes that are occurring in supply chain network strategy in the post-COVID era.
U.S. Truck Shipment Volumes and Spend Decline for Third Quarter in a Row
While the overall economy continues to grow, U.S. Bank said, the truck freight economy is still impacted by many factors, including consumer spending on experiences over tangible goods.
Dominion Wins Approval for Biggest-Yet U.S. Offshore Wind Farm
The Coastal Virginia Offshore Wind project is set to encompass as many as 176 turbines installed approximately 23.5 nautical miles off Virginia Beach.
“Dirty” Vehicles on London Roads Almost Halved Since June
Roughly 77,000 fewer non-compliant vehicles were detected on an average day in London during September 2023, a 45% decrease from June 2023.
Americans Will Spend Over $12B on Candy for Halloween
The rise in Halloween candy spending could be partly attributed to candy and gum prices growing by 7.5% year-over-year during September 2023.
Vast Majority of Companies Believe AI Will Impact Product Development and Manufacturing
Responders raised concerns about workforce productivity with 62% of interviewees claiming they are training existing staffers in order to enhance their skills and productivity.
UAW Reaches Deal with General Motors, Potentially Ending Strikes
Overall, UAW workers will receive a 30% increase in wages over the life of the contract, which expires April 2028.
Slump in Big Purchases Clashes With Government’s Strong Consumer Data
One explanation for the divergence is that Americans are souring on the future. Polls show waning confidence in the economy.
Saudi Loosens Airport Regulation in $100 Billion Investment Push
Saudi Arabia recently introduced a new airline, called Riyadh Air, which aims to provide a level of service and connectivity that equals regional champions Emirates and Qatar Airways.
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