Demand conditions, which remain very depressed globally, declined at even sharper rates in Europe and the U.K. in July; contrasting with shallower demand downturn in North America, highlighting some divergence in global economies European supply chain spare capacity was at its greatest level since the global financial crisis of 2008-2009 Global transport costs fall to… Continue reading EXCESS CAPACITY IN WORLD’S SUPPLY CHAINS UP SHARPLY IN JULY AND AT THE FASTEST PACE SINCE MAY 2020, POINTING TO DETERIORATING ECONOMIC CONDITIONS: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
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EXCESS CAPACITY IN WORLD’S SUPPLY CHAINS UP SHARPLY IN JULY AND AT THE FASTEST PACE SINCE MAY 2020, POINTING TO DETERIORATING ECONOMIC CONDITIONS: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
Demand conditions, which remain very depressed globally, declined at even sharper rates in Europe and the U.K. in July; contrasting with shallower demand downturn in North America, highlighting some divergence in global economies European supply chain spare capacity was at its greatest level since the global financial crisis of 2008-2009 Global transport costs fall to… Continue reading EXCESS CAPACITY IN WORLD’S SUPPLY CHAINS UP SHARPLY IN JULY AND AT THE FASTEST PACE SINCE MAY 2020, POINTING TO DETERIORATING ECONOMIC CONDITIONS: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
Canoo Finalizes Incentive Package with Oklahoma, Cherokee Nation
Company expects to hire over 1,300 at Oklahoma vehicle assembly and battery plants JUSTIN, Texas, Aug. 14, 2023 /PRNewswire/ — Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced it has finalized today agreements on workforce and economic development incentives from the state of Oklahoma and the Cherokee Nation for its vehicle assembly and… Continue reading Canoo Finalizes Incentive Package with Oklahoma, Cherokee Nation
Mahalak Auto Group Goes Solar, Partners with ESA to Invest in New Clean Energy Technology
WINTER HAVEN, Fla., Aug. 14, 2023 /PRNewswire/ — The Low Payment Kings powered by Mahalak Auto Group has announced a major commitment to sustainability by going solar at their Dodge Chrysler Jeep RAM of Winter Haven, Posner Park Chrysler Dodge Jeep RAM FIAT, and Lake Wales Chrysler Dodge Jeep RAM dealerships. The company has partnered… Continue reading Mahalak Auto Group Goes Solar, Partners with ESA to Invest in New Clean Energy Technology
Leidos Awarded New Task Order to Support Centers for Medicare and Medicaid Services
RESTON, Va., Aug. 14, 2023 /PRNewswire/ — Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, has been awarded a new task order by the Centers for Medicare and Medicaid Services (CMS). The hybrid firm-fixed-price, time and materials order has a total estimated value of $197 million. Leidos will support the Office of Information… Continue reading Leidos Awarded New Task Order to Support Centers for Medicare and Medicaid Services
Four Industry-Leading Automotive Companies Unite to Become US Auto Supply
US Auto Supply to Combine Over 200 Years of Success as Collision Services, Auto Body Toolmart, I/D/E/A and Sid Savage Become One Unified Brand ELGIN, Ill., Aug. 14, 2023 /PRNewswire/ — Four industry leading automotive brands – Collision Services, Auto Body Toolmart, I/D/E/A and Sid Savage – today unveil their new, unified identity as US… Continue reading Four Industry-Leading Automotive Companies Unite to Become US Auto Supply
Mammoth Holdings Opens Pitstop Car Wash in Mobile, AL Market
DALLAS, Aug. 14, 2023 /PRNewswire/ — Mammoth Holdings LLC, America’s premier express car wash platform, announced the recent opening of its newest location, Pitstop Car Wash in Theodore, Alabama. The new site, located just outside of Mobile, Alabama, aligns with Mammoth’s dual growth strategy of developing greenfield locations while also acquiring existing brands. Continue Reading “We’re… Continue reading Mammoth Holdings Opens Pitstop Car Wash in Mobile, AL Market
IGT Achieves Improved ESG Score from FTSE Russell
Company ranks in the 99th percentile in the Travel and Leisure sector LONDON, Aug. 14, 2023 /PRNewswire/ — International Game Technology PLC (“IGT”) (NYSE: IGT) announced today that it achieved an environmental, social and governance (“ESG”) Score of 4.2 out of 5.0 from FTSE Russell, positioning IGT in the 99th percentile within the Travel and… Continue reading IGT Achieves Improved ESG Score from FTSE Russell
Xverse bags $5m and 56 more Greater China deals worth over $417m
Bitcoin wallet Xverse has secured $5 million in its seed financing round led by Jump Crypto, the cryptocurrency arm of proprietary trading firm Jump Trading. The round saw the participation of Web3 and blockchain-focused venture capital firms including RockawayX, Sfermion, Alliance, NGC Ventures, V3ntures, Old Fashion Research, 2140 Bitcoin Ecosystem Fund, Bitcoin Frontier Fund, Franklin… Continue reading Xverse bags $5m and 56 more Greater China deals worth over $417m
Gobi Partners hits HK$2b mark for new fund dedicated to China’s Greater Bay Area
Gobi Partners, a pan-Asia venture capital (VC) firm that has backed over 380 startups, has reached its HK$2-billion ($255.9 million) target for an Alibaba-backed fund dedicated to dealmaking across southern China’s Greater Bay Area. The development, which was first reported by media outlet AVCJ, followed a first close of the fund at $100 million in… Continue reading Gobi Partners hits HK$2b mark for new fund dedicated to China’s Greater Bay Area