Lear Reports Third Quarter 2022 Results

SOUTHFIELD, Mich., Nov. 1, 2022 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2022. Third Quarter 2022 Highlights Sales increased 23% to $5.2 billion, compared to $4.3 billion in the third quarter of 2021 Net income (loss) of $92 million and… Continue reading Lear Reports Third Quarter 2022 Results

HONEYWELL AND ARAMCO ANNOUNCE JOINT VENTURE FOR NEW INTELLIGENT OPERATIONS SOFTWARE SOLUTION

New JV to deliver end-to-end digitalization for industrial companies DHAHRAN, Saudi Arabia, Nov. 1, 2022 /PRNewswire/ — Honeywell (NASDAQ: HON) and Aramco have announced the signing of a joint venture (JV) agreement to provide a set of end-to-end business process automation solutions, under the Aramco Namaat Industrial Investments Program. The technology solutions can be offered to… Continue reading HONEYWELL AND ARAMCO ANNOUNCE JOINT VENTURE FOR NEW INTELLIGENT OPERATIONS SOFTWARE SOLUTION

China Matters’ Feature: Is Art Education Accessible to Everyone?

BEIJING, Nov. 1, 2022 /PRNewswire/ — With a population of 9 million, Ningbo is widely renowned for its rich historic heritage and cultural resources. The city, located in eastern Zhejiang province, is now witnessing a thriving art renaissance. Adjacent to China’s eastern coastline, Ningbo is home to a diversity of art museums, which help shape… Continue reading China Matters’ Feature: Is Art Education Accessible to Everyone?

Greenbrier Issues 2022 ESG Report

Sets a Scope 2 greenhouse gas reduction goal Reporting frameworks include SASB, TCFD and SDGs LAKE OSWEGO, Ore., Nov. 1, 2022 /PRNewswire/ — The Greenbrier Companies, Inc. (NYSE:GBX) released its 2022 Environmental, Social and Governance (ESG) report, On Track Together, today. The report summarizes the Company’s global sustainability initiatives and performance from the 2022 fiscal year.… Continue reading Greenbrier Issues 2022 ESG Report

ST Engineering iDirect’s Leading Evolution® Platform Selected by Multiple Asian MoDs

Trusted platform supports multiple mission-critical applications for Asian MoDs HERNDON, Va., Nov. 1, 2022 /PRNewswire/ — Global satellite communications leader, ST Engineering iDirect’s Evolution® platform is a key technology for Asian defense forces. Utilized for the provision of both fixed and mobile satcom solutions across a variety of mission-critical applications, Evolution is a resilient and… Continue reading ST Engineering iDirect’s Leading Evolution® Platform Selected by Multiple Asian MoDs

Leidos Holdings, Inc. Reports Third Quarter Fiscal Year 2022 Results

Revenues of $3.6 billion, up 4% year-over-year Net Income of $164 million; Adjusted EBITDA of $372 million Diluted Earnings per Share of $1.17, or $1.59 on a non-GAAP basis Record Cash Flows from Operations of $748 million and Free Cash Flow of $721 million Net Bookings of $4.1 billion (book-to-bill ratio of 1.1) Improved revenue… Continue reading Leidos Holdings, Inc. Reports Third Quarter Fiscal Year 2022 Results

China Matters’ Feature: Is Art Education Accessible to Everyone?

BEIJING, Nov. 1, 2022 /PRNewswire/ — With a population of 9 million, Ningbo is widely renowned for its rich historic heritage and cultural resources. The city, located in eastern Zhejiang province, is now witnessing a thriving art renaissance. Adjacent to China’s eastern coastline, Ningbo is home to a diversity of art museums, which help shape… Continue reading China Matters’ Feature: Is Art Education Accessible to Everyone?

Construction machinery giant Kobelco selects IFS Cloud for greater agility and customer responsiveness

Global construction equipment manufacturer opts for IFS solution to transform business performance of entire supply chain LONDON, Nov. 1, 2022 /PRNewswire/ — IFS, the global cloud enterprise software company, today announced that Kobelco Construction Machinery CO., LTD. (Kobelco Construction Machinery), the global leader in construction equipment, has selected IFS Cloud™ to improve their ability to respond… Continue reading Construction machinery giant Kobelco selects IFS Cloud for greater agility and customer responsiveness

China’s Largest Port for Coal Transportation Huanghua Port Launches Foreign Trade Container Route

CANGZHOU, China, Nov. 1, 2022 /PRNewswire/ — Huanghua Port, China’s largest port for coal transportation, opened a foreign trade container route on October 30, 2022, according to the Municipal Government of Cangzhou, in north China’s Hebei Province. This route will open up a low-cost and high-efficiency marine thoroughfare for clients in the hinterland and is… Continue reading China’s Largest Port for Coal Transportation Huanghua Port Launches Foreign Trade Container Route

Vizion joins the rapidly-growing Open Visibility Network

BOSTON, Nov. 1, 2022 /PRNewswire/ — Open Visibility Network (OVN) has announced that Vizion, an ocean freight container tracking visibility provider, has joined this rapidly-growing international network. Launched in collaboration between Tive, Project44, and FourKites in 2021, the OVN is a consortium of supply chain, transportation, and logistics technology providers on a mission to optimize global… Continue reading Vizion joins the rapidly-growing Open Visibility Network