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Think Tank
Technology: Page 147
OPEC+ Nations Set to Decide on Extending Cuts in Early March
Seven coalition members have pledged supply curbs totaling about 900,000 barrels a day this quarter, in tandem with a 1 million-barrel reduction by group leader Saudi Arabia.
Watch: What Are Manufacturers Spending on Tech Transformation?
Brian Pacula, partner in the Operations Excellence practice of West Monroe, tells how manufacturers and supply chains are prioritizing their spend on technology in the post-pandemic era.
Germany Planning to Oppose EU Supply Chain Law, Ministers Say
If approved, the rule will apply to European companies that employ over 500 people and have a net worldwide turnover of at least 150 million euros ($162.45 million).
Former Boeing Manager Would 'Absolutely Not' Fly on 737 MAX Planes
Ed Pierson, a former senior manager of Boeing’s 737 program, expressed concerns after regulators allowed Max 9s to return to service last week.
Bound4blue Chosen to Install eSail on Polynesian Mixed Cargo Vessel
Bound4blue said that the eSail wind power propulsion system will help shipowner SNA TUHA’A PAE (SNA) reduce its energy consumption by up to 10%.
Walmart to Open 150+ Large-Format Stores Across the U.S.
The company will expand some smaller sites into Supercenters with additional plans to open many new locations, said Walmart spokesperson Josh Havens.
The Price of Diesel in Europe Is Being Boosted by Red Sea Shipping Chaos
Since the start of 2024, the wholesale cost of fuel delivered to northwest Europe has jumped by 12% to just over $116 a barrel.
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.
The Outlook for Supply Chain Automation
Robotics and technology companies have doubled down on development of applications to support the supply chain, especially in the warehouse.
YE Digital, Fujitsu Offering Distribution Center Services in Japan
Under the deal, Fujitsu will provide Japanese businesses with its warehouse management system (WMS) services while YE Digital will offer its MMLogiStation warehouse automation tool to Japanese logistics companies.
Teamsters Union Settles Racial Discrimination Lawsuit for $2.9M
Thirteen former black and Hispanic employees filed a lawsuit against the union and its president, Sean O'Brien, alleging racial discrimination over their firings.
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.
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