Boom Supersonic selects Honeywell Anthem integrated flight deck for Overture aircraft

Honeywell’s next-generation avionics enable optimal efficiency and safety for Overture  DENVER and PHOENIX, Dec. 14, 2023 /PRNewswire/ — Boom Supersonic, the company building the world’s fastest airliner, has selected the Honeywell Anthem integrated flight deck for its Overture aircraft. As part of the agreement between the two companies, Honeywell’s next-generation flight deck and its modular avionics… Continue reading Boom Supersonic selects Honeywell Anthem integrated flight deck for Overture aircraft

CONTINUED SPARE CAPACITY AT GLOBAL SUPPLIERS WARNS OF MANUFACTURING SLUMP PERSISTING INTO 2024: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Global producer capacity goes underutilized for an eighth successive month in November; supplier order books remain unfilled Inactivity across Asia’s supply chains bodes ill for near-term global manufacturing improvement Demand stays subdued, especially in Europe, where manufacturing is in a recession In contrast, North America is displaying greater resistance to global economic drags as supplier… Continue reading CONTINUED SPARE CAPACITY AT GLOBAL SUPPLIERS WARNS OF MANUFACTURING SLUMP PERSISTING INTO 2024: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

DriveX and Belron Group’s franchise innovate windshield claims with AI inspection

TALINN, Estonia, Dec. 14, 2023 /PRNewswire/ — The vehicle inspection company DriveX is excited to announce its newest client, Carglass® Estonia, represented by Windrox – a franchise of the global vehicle glass repair and replacement group Belron. In collaboration, the companies are reinventing windshield claims management, saving significant costs in claim sizes, processing cost and… Continue reading DriveX and Belron Group’s franchise innovate windshield claims with AI inspection

Saudi Arabia has achieved historic progress in UNCTAD’s Liner Shipping Connectivity Index for Q4 by scoring 79.01 points.

RIYADH, Saudi Arabia, Dec. 14, 2023 /PRNewswire/ — In a significant development that aligns with the objectives of the National Transport and Logistics Strategy (NTLS), Saudi Arabia has solidified its competitiveness and global standing. The Saudi Ports Authority (Mawani) attained its highest improvement in the UNCTAD’s Liner Shipping Connectivity Index (LSCI) for Q4 2023, securing… Continue reading Saudi Arabia has achieved historic progress in UNCTAD’s Liner Shipping Connectivity Index for Q4 by scoring 79.01 points.

Snow Hill Success!–Quark Expeditions Goes Beyond in Antarctica

Quark Expeditions’ technologically-advanced expedition ship, Ultramarine, and its team delivered these successful Snow Hill voyages in November and December, while also hosting a special onboard ceremony at the edge of Antarctica’s Weddell Sea: the official announcement of Dr Sian Proctor as Ultramarine‘s godmother. Joined by the company’s legendary Expedition Leader, Shane Evoy, together with ship’s Captain Jurak… Continue reading Snow Hill Success!–Quark Expeditions Goes Beyond in Antarctica

CATL’s Shenxing battery wins the AUTOBEST 2024 award

NINGDE, China, Dec. 15, 2023 /PRNewswire/ — On December 15, the international jury panel of AUTOBEST announced that CATL’s Shenxing battery has won the TECHNOBEST 2024 award following voting by jury members from 31 European nations. This is the first time a battery product has won the TECHNOBEST award, and CATL is the first China-based… Continue reading CATL’s Shenxing battery wins the AUTOBEST 2024 award

Drone Logistics and Transportation Market worth $16.1 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Dec. 15, 2023 /PRNewswire/ — The Drone Logistics and Transportation market is valued at USD 0.9 billion in 2023 and is projected to reach USD 16.1 billion by 2030, at a CAGR of 50.1% from 2023 to 2030 according to a new report by MarketsandMarkets™. The drone logistics market is experiencing explosive growth, fueled by… Continue reading Drone Logistics and Transportation Market worth $16.1 billion by 2030 – Exclusive Report by MarketsandMarkets™

SpiceJet Board Approves Raising of over INR 2,250 Crore through Issue of Equity/Equity Warrants

Fresh capital will strengthen SpiceJet’s financial position and provide resources to invest in growth plans  GURUGRAM, India, Dec. 15, 2023 /PRNewswire/ — The Board of Directors of SpiceJet Ltd. has approved the raising of fresh capital of over INR 2,250 Crore (approximately USD 270 million) through the issuance of equity shares to Financial Institutions, FII’s, HNI’s… Continue reading SpiceJet Board Approves Raising of over INR 2,250 Crore through Issue of Equity/Equity Warrants

Trip.com Group’s latest ESG report: 16 million choose sustainable travel options, low-carbon hotel bookings surge

SINGAPORE, Dec. 15, 2023 /PRNewswire/ — Trip.com Group released its annual Environmental, Social and Governance (ESG) report for the fourth consecutive year, highlighting its sustainability practices across the business. Key findings in the report reveal the preference for low-carbon products across Trip.com Group. In the past year, more than 16 million Trip.com Group customers opted for… Continue reading Trip.com Group’s latest ESG report: 16 million choose sustainable travel options, low-carbon hotel bookings surge

E-Mobility, A New Reality: UAE Residents Expect Complete Electric & Hybrid Vehicle Domination In A Few Years, Reveals Survey Amidst COP28

63% of respondents plan to make EVs their primary mode of transport by 2025. 73% confident the UAE will have charging stations every few kilometres by 2028. 28% believe that by 2030, nearly 50% of the UAE’s population will be driving EVs or hybrid cars DUBAI, UAE, Dec. 15, 2023 /PRNewswire/ — Al-Futtaim Automotive, one of the major… Continue reading E-Mobility, A New Reality: UAE Residents Expect Complete Electric & Hybrid Vehicle Domination In A Few Years, Reveals Survey Amidst COP28