August 10, 2023 , Windsor, Ontario – Stellantis and Unifor have a long-standing history of working together. Collectively, our focus will be on negotiating an agreement that will ensure our future competitiveness in today’s rapidly changing global market, with good benefits and wage increases that reward the contributions of our represented workforce now and for generations to come.… Continue reading @FCA: 2023 Unifor Labour Negotiations Statement
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UPDATE 1-Magna says job cuts likely in case of labor strike
(Adds CFO quote from conference call in paragraph 3) Aug 9 (Reuters) – Canadian auto-parts maker Magna International said on Wednesday it was prepared to consider laying off staff in the short term to combat disruptions in case of a strike by United Auto Workers (UAW) union at the Detroit Three carmakers. UAW has been… Continue reading UPDATE 1-Magna says job cuts likely in case of labor strike
Magna says job cuts likely in case of labor strike
(Reuters) -Canadian auto-parts maker Magna International said on Wednesday it was prepared to consider laying off staff in the short term to combat disruptions in case of a strike by United Auto Workers (UAW) union at the Detroit Three carmakers. UAW has been in negotiations with the carmakers – Ford Motor, General Motors and Stellantis… Continue reading Magna says job cuts likely in case of labor strike
Modine Manufacturing Company (MOD) Hit a 52 Week High, Can the Run Continue?
Shares of Modine (MOD) have been strong performers lately, with the stock up 32.4% over the past month. The stock hit a new 52-week high of $47.48 in the previous session. Modine has gained 136% since the start of the year compared to the 39.1% move for the Zacks Auto-Tires-Trucks sector and the 6.3% return… Continue reading Modine Manufacturing Company (MOD) Hit a 52 Week High, Can the Run Continue?
Has Aptiv (APTV) Outpaced Other Business Services Stocks This Year?
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Aptiv PLC (APTV) one of those stocks right now? Let’s take a closer look at the stock’s year-to-date performance to find out. Aptiv PLC is a member of our Business Services group, which includes 330 different… Continue reading Has Aptiv (APTV) Outpaced Other Business Services Stocks This Year?
UPDATE 1-Costs from supply chain disruptions drop by over 50% but headwinds remain -survey
(Adds context about survey in third paragraph, references to companies in last paragraph) Aug 9 (Reuters) – Financial losses due to supply chain disruptions dropped more than 50% on average in 2022, compared with a year earlier, but shortages and delivery delays remain challenges, according to a survey of companies being released on Thursday. Disruptions… Continue reading UPDATE 1-Costs from supply chain disruptions drop by over 50% but headwinds remain -survey
Mastercard (MA), Airtel Africa to Boost Money Transfers in Africa
Mastercard Incorporated MA recently collaborated with the leading telecommunications and mobile money services provider, Airtel Africa, in order to launch an innovative cross-border remittance service across the continent. The innovative service will pave the way for 100 million-plus Airtel Africa mobile phone users located across 14 African markets to seamlessly and safely engage in money… Continue reading Mastercard (MA), Airtel Africa to Boost Money Transfers in Africa
Fire Truck Market to Reach $9.90 Billion, Globally, by 2032 at 5.0% CAGR: Allied Market Research
The growth of the global fire truck market is driven by factors such as the growth in stringent fire safety regulations, the electrification of fire trucks, and the rise in the replacement of aging fire truck fleets. PORTLAND, Ore., Aug. 10, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Fire Truck Market by Type (Aerial, Pumper, Rescue, Tanker,… Continue reading Fire Truck Market to Reach $9.90 Billion, Globally, by 2032 at 5.0% CAGR: Allied Market Research
LOCUS ROBOTICS AGAIN NAMED TOP 100 SUPPLY CHAIN PARTNER BY SUPPLY CHAIN BRAIN MAGAZINE
WILMINGTON, Mass., Aug. 10, 2023 /PRNewswire/ — Locus Robotics, a global leader in autonomous mobile robots (AMRs) for warehouse automation, today announced that Supply Chain Brain Magazine has again named Locus as a top 100 Supply Chain Partner for 2023. The award showcases a select group of companies whose customers recognize them for providing outstanding solutions… Continue reading LOCUS ROBOTICS AGAIN NAMED TOP 100 SUPPLY CHAIN PARTNER BY SUPPLY CHAIN BRAIN MAGAZINE
Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation