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Think Tank
Industries: Page 247
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.
Toyota Indus Halts Production Due to Supply Chain Issues
In an official notice sent to the Pakistan Stock Exchange, Toyota Indus said it would shut down production from June 3 through June 8, 2023.
Saudi Arabia to Reduce Global Oil Supply Contributions
Starting July 2023, Saudi Arabia will begin cutting back its contributions to the global oil supply by at least 1 million barrels a day.
Scan Global Logistics Acquires ETS Transport & Logistics
The acquisition will add scale to SGL’s operations while increasing Scan Global's workforce to at least 100 experienced logistics professionals.
Europe Gas Prices Soars 20% as Market Shows Signs of Tightening
The region is still recovering from a historic energy crisis that was exacerbated by severe supply cuts from Russia in the wake of its war with Ukraine.
U.S. Airlines’ Fuel Consumption Levels Returned to Pre-Pandemic Levels in April
Fuel consumption levels for U.S. scheduled service airlines fell by 3.9% from 1.545 billion gallons in March 2023 to 1.484 billion gallons during April 2023.
Welcome to the World of ‘Ambient’ IoT
The impact of ambient IoT is expected to be “quite profound,” enabling greater sustainability, traceability and food safety, while reducing shrink and theft.
Watch: Henkel Previews Two Panels at Home Delivery World 2023
John Schilli, director of transportation with Henkel, previews two presentations by the company, on consumer packaged goods transportation and diversity in the last mile, at Home Delivery World 2023 in Philadelphia.
White Label World Expo Showcasing in NYC this August
White Label World Expo is the leading event for professional online sellers to meet cutting edge white label goods suppliers.
Made4net Acquired by Ingka Group
Made4net will continue to operate as an independent subsidiary of Ingka Group, which owns and operates 482 IKEA stores in 31 countries.
Slowdown in Retail Spending Reflected in Macy’s Revised Forecast
Demand for apparel and accessories is declining, and Macy’s cut back its full-year outlook on sales and profits June 1.
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