Tag: Manufacturing

Volvo may have gone too hard on software because now the EX90 is getting delayed

/ The all-electric SUV was expected to hit showrooms in early 2024, but now it won’t start production until the first half of the year. The reason? Software, of course. Image: Volvo Volvo announced that it was delaying production for its next-generation flagship electric SUV, the 2024 EX90, citing a need for further “software testing… Continue reading Volvo may have gone too hard on software because now the EX90 is getting delayed

CJ Logistics Builds Saudi Arabia’s First Dedicated eCommerce Global Distribution Center to Target Middle East Market

– The country’s first eCommerce customized global distribution center will be completed in 2024. RIYADH, Saudi Arabia, May 11, 2023 /PRNewswire/ — CJ Logistics, a leading provider of logistics solutions worldwide, announced plans to build a Global Distribution Center (GDC) in Saudi Arabia by 2024. The GDC will be the first dedicated e-commerce logistics facility in Saudi… Continue reading CJ Logistics Builds Saudi Arabia’s First Dedicated eCommerce Global Distribution Center to Target Middle East Market

Autoliv Declares Quarterly Dividend

AUBURN HILLS, Mich., May 10, 2023 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has declared a quarterly dividend of 66 cents for the second quarter of 2023. The dividend will be payable on Tuesday, June 13, 2023 to Autoliv shareholders of… Continue reading Autoliv Declares Quarterly Dividend

Trans.eu Partners with project44 to Deliver an Enhanced Spot Transport Tracking Solution

Integrating spot transport tracking capabilities will enable project44 and Trans.eu Logistics Platform users to compete more effectively with real-time location data CHICAGO, May 10, 2023 /PRNewswire/ — project44, the leading supply chain visibility platform, today announced that the company is partnering with Trans.eu, an integrated tool for transport management with modules that serve shippers, freight forwarders and… Continue reading Trans.eu Partners with project44 to Deliver an Enhanced Spot Transport Tracking Solution

DHL SUPPLY CHAIN EXPANDS GLOBAL PARTNERSHIP WITH LOCUS ROBOTICS TO DEPLOY 5,000 AMRS ACROSS MULTIPLE SITES

Expansion deal represents the industry’s largest AMR deal, building on supply chain leader’s vision of scalability and digital transformation of its supply chain processes WILMINGTON, Mass., May 10, 2023 /PRNewswire/ — DHL Supply Chain, the world’s leading logistics provider, today announces the expansion of their partnership with Locus Robotics, the leading provider of autonomous mobile… Continue reading DHL SUPPLY CHAIN EXPANDS GLOBAL PARTNERSHIP WITH LOCUS ROBOTICS TO DEPLOY 5,000 AMRS ACROSS MULTIPLE SITES

INTERNATIONAL FAITH AND COMMUNITY LEADERS GATHER FOR IF20 NEW DELHI TO CONTRIBUTE TO G20 AGENDAS

NEW DELHI, May 10, 2023 /PRNewswire/ — The 2023 G20 Interfaith Forum, Partnerships in Action: towards “One Earth, One Family, One Future” took place from the 7-9th of May in the Baháʼí House of Worship, New Delhi. The event was hosted by the Baháʼí International Community, working in partnership with the Interfaith Alliance for Safer… Continue reading INTERNATIONAL FAITH AND COMMUNITY LEADERS GATHER FOR IF20 NEW DELHI TO CONTRIBUTE TO G20 AGENDAS

World Energy and World Fuel Services extend partnership with a six-year, up to 27 million-gallon purchasing agreement

The new contract between long-term partners would deliver enough sustainable aviation fuel to reduce air travel emissions by 200,000 metric tonnes over the contract term BOSTON, May 11, 2023 /PRNewswire/ — Sustainable aviation fuel (SAF) producer and low-carbon solutions provider World Energy today announced a six-year, up to 27-million neat gallon agreement with the global energy… Continue reading World Energy and World Fuel Services extend partnership with a six-year, up to 27 million-gallon purchasing agreement

Automotive Chip Market to Reach $121.3 Billion, Globally, by 2031 at 9.6% CAGR: Allied Market Research

The global automotive chip market is driven by factors such as increase in demand for advanced driving assistance system (ADAS), rise in demand for electric vehicles, and surge in demand for autonomous driving.  PORTLAND, Ore., May 11, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Chip Market by Product (microcontrollers, logic ICs, sensors, analog ICs,… Continue reading Automotive Chip Market to Reach $121.3 Billion, Globally, by 2031 at 9.6% CAGR: Allied Market Research

Shaw says safely delivering reliable and resilient service is the foundation of the Norfolk Southern strategy

“A safer railroad is a better railroad. The events of the last few months have strengthened our commitment to leading the industry in rail safety,” Shaw said. “Every day our company is entrusted with the responsibility of safely moving the goods and materials that drive the U.S. economy. We earn that trust by doing what we… Continue reading Shaw says safely delivering reliable and resilient service is the foundation of the Norfolk Southern strategy