Expect more shipping chaos as Omicron forces transport workers to quit

The shortage may worsen as shipowners and charterers request only vaccinated crew be hired. And with omicron requiring more booster shots, the dearth is intensifying. From seafarers refusing to get back on ships to truck drivers whose concern over Covid-related border closures trumps the lure of higher pay, the transport industry is bracing for another… Continue reading Expect more shipping chaos as Omicron forces transport workers to quit

DealStreetAsia’s most read stories of 2021 and what they tell us

The year started out with all of us circumspect, as the pandemic dragged on. But, as we tracked the deals and fundraising in the space, it became clear that both businesses and their investors, looking beyond the near-term challenges, have their eyes on the supercharged growth that Southeast Asia,  India and Greater China promise. Our… Continue reading DealStreetAsia’s most read stories of 2021 and what they tell us

EV Roundup: NKLA’s SEC Settlement, GM’s ‘Everybody In’ Strategy & More

Nikola NKLA breathed a sigh of relief last week as the electric vehicle (EV) maker managed to pull itself out of the legal challenges that had been troubling it since 2020. The company has agreed to pay the SEC $125-million penalty to bring the controversial chapter to a close. Meanwhile, e-mobility startup Fisker FSR and… Continue reading EV Roundup: NKLA’s SEC Settlement, GM’s ‘Everybody In’ Strategy & More

Global Review 2021: GWM Speeds Up Globalization

This year, GWM’s sales network has covered over 60 countries. In order to accelerate the implementation of its strategy in Europe, GWM has established a subsidiary in Munich, Germany, and set up its European headquarters. At the same time, in order to constantly develop the global market, the company has expanded its sales to Southeast Asia,… Continue reading Global Review 2021: GWM Speeds Up Globalization

Orbit acquires Euclid System Engineering

NETANYA, Israel, Dec. 27, 2021 /PRNewswire/ — Orbit Communication Systems Ltd. (TASE: ORBI), a leading global provider of maritime and airborne SATCOM terminals, tracking ground station solutions, and mission-critical airborne audio management systems announced today that it has entered into an agreement to purchase 100% of the issued and repaid capital of Euclid System Engineering… Continue reading Orbit acquires Euclid System Engineering

LUV Car Wash Completes Five Acquisitions to Debut its Initial 20 Car Wash Locations in the Southeast

PHOENIX, Dec. 27, 2021 /PRNewswire/ — LUV Car Wash announced today that it has closed on five separate acquisitions as the platform for its initial express car washes – 20 total – in the Southeast! LUV acquired car wash locations from Shiny Shell, Sporty’s, Jeff’s Express, Rocket Express and Hi-Speed Car Wash. As a result of… Continue reading LUV Car Wash Completes Five Acquisitions to Debut its Initial 20 Car Wash Locations in the Southeast

Turn OFF 2021: How energy sector plans to switch ON 2022

The GETI report also said 31 per cent of professionals and 29 per cent of hiring managers expect pay to remain the same, with 34 per cent of professionals expecting a pay rise of more than 5 per cent; 32 per cent of hiring managers also believe this will be the case. Companies across industries… Continue reading Turn OFF 2021: How energy sector plans to switch ON 2022

Multi-brand dealer Group Landmark to sell EVs, BYD cars in India

Automobile dealer Group Landmark, which has 113 outlets across India and represents passenger vehicle manufacturers like Mercedes-Benz, Honda, Jeep, Volkswagen and Renault in India, has diverfied into the electric vehicle segment The multi-brand dealer has tied up with BYD, which launched its all-electric E6 MPV in India on November 1, priced at Rs 29.15 lakh.… Continue reading Multi-brand dealer Group Landmark to sell EVs, BYD cars in India

FOR-U Smart Freight Named on Global Unicorn Index 2021 by Hurun Research Institute

BEIJING, Dec. 27, 2021 /PRNewswire/ — On December 20, the Hurun Research Institute released its Global Unicorn Index 2021, a list of unlisted companies founded after 2000 that are now worth more than $1 billion. Ranked on the list was FOR-U Smart Freight, the only road freight platform from mainland China to make the list, the… Continue reading FOR-U Smart Freight Named on Global Unicorn Index 2021 by Hurun Research Institute

Supply Chain Control Tower Market Size to Reach USD 11.54 Billion in 2028 | Rising Demand for Autonomous Decision-Making Tools is a Key Factor Driving Industry Revenue Growth, says Emergen Research

VANCOUVER, BC, Dec. 27, 2021 /PRNewswire/ — The global supply chain control tower market size reached USD 3.60 Billion in 2020 and is expected to register a significantly robust revenue CAGR during the forecast period, according to latest analysis by Emergen Research. Increasing demand for AI-enabled supply chain control tower solutions for smart alerts is one… Continue reading Supply Chain Control Tower Market Size to Reach USD 11.54 Billion in 2028 | Rising Demand for Autonomous Decision-Making Tools is a Key Factor Driving Industry Revenue Growth, says Emergen Research