@BMW: Schubert Motorsport and Project 1 to contest the 2023 DTM season with the BMW M4 GT3.002518

Munich. The new era of the DTM under the leadership of the ADAC is set to enter the 2023 season with four BMW M4 GT3s and the combined BMW M works driver power of six title wins in the starting field. Schubert Motorsport and BMW M works driver Sheldon van der Linde (RSA) will continue… Continue reading @BMW: Schubert Motorsport and Project 1 to contest the 2023 DTM season with the BMW M4 GT3.002518

Agility: Logistics Execs See 2023 Recession as “Likely” or “Certain”

Most still committed to net-zero, emerging markets plans despite bleak outlook DUBAI, UAE, Feb. 7, 2023 /PRNewswire/ — Nearly 70% of global logistics executives say they are bracing for recession amid higher costs, slowing demand, and ongoing supply chain disruption arising from China’s battle to contain COVID, Russia’s war in Ukraine, and the impact of… Continue reading Agility: Logistics Execs See 2023 Recession as “Likely” or “Certain”

@niche: Workhorse: Lordstown Motors moving to terminate 2019 IP agreement002491

Bloomberg Coupang Turns to Thousands of Robots in Bid for Profit (Bloomberg) — Coupang Inc., the South Korean e-commerce pioneer that has lost billions of dollars since its founding, is rolling out an army of robots at fulfillment centers in a bid to reach profitability.Most Read from BloombergQuake Toll Hits 4,000 in Turkey, Syria as… Continue reading @niche: Workhorse: Lordstown Motors moving to terminate 2019 IP agreement002491

Agilität: Logistik-Führungskräfte betrachten Rezession im Jahr 2023 als „wahrscheinlich” oder „sicher”

Die meisten setzen trotz düsterer Aussichten weiterhin auf Netto-Null und neue Märkte  DUBAI, VAE, 7. Februar 2023 /PRNewswire/ — Fast 70 % der globalen Logistik-Führungskräfte erklären, dass sie sich angesichts höherer Kosten, nachlassender Nachfrage und anhaltender Störung der Lieferkette, die sich aus dem Kampf Chinas um die Eindämmung von COVID, Russlands Krieg in der Ukraine… Continue reading Agilität: Logistik-Führungskräfte betrachten Rezession im Jahr 2023 als „wahrscheinlich” oder „sicher”

5 Takeaways from Ford, GM’s Earnings Calls

Ford and General Motors were questioned on whether efforts to build out EV factories and source critical battery materials were progressing according to plan. So far, the answer from both was yes. Image: Canva Earnings season is upon us, always a good time to measure the headwinds and tailwinds of the automotive industry and dissect… Continue reading 5 Takeaways from Ford, GM’s Earnings Calls

Chinese e-commerce giant Alibaba-backed Daraz cuts workforce by 11%

Alibaba Group subsidiary, Daraz Group, an e-commerce platform, is reducing its workforce by 11% to prepare for the ‘current market reality’, the group’s CEO Bjarke Mikkelsen said in a letter to employees shared on the company website. Mikkelsen cited a difficult market environment, with a war in Europe, huge supply chain disruptions, soaring inflation, increasing… Continue reading Chinese e-commerce giant Alibaba-backed Daraz cuts workforce by 11%

Alibaba-backed Pakistani e-commerce platform Daraz cuts workforce by 11%

KARACHI, PAKISTAN, Feb 7 (Reuters) – Alibaba-owned e-commerce platform Daraz Group is reducing its workforce by 11% to prepare for the ‘current market reality’, Chief Executive Officer Bjarke Mikkelsen said. In a letter to its employees on Monday and shared on the company’s website, Mikkelsen cited a difficult market environment, with a war in Europe,… Continue reading Alibaba-backed Pakistani e-commerce platform Daraz cuts workforce by 11%

Logistics Automation Market Opportunities worth $41 Billion by 2027 – LogisticsIQ

NEW DELHI, Feb. 6, 2023 /PRNewswire/ — As per LogisticsIQ latest market research and analysis, logistics automation market is expected to touch the mark of $41 Billion by 2027, at a CAGR of almost 15% between 2022 and 2027. The growth of this market can be attributed to the growth in the e-commerce industry, multichannel distribution channels,… Continue reading Logistics Automation Market Opportunities worth $41 Billion by 2027 – LogisticsIQ

Agility: Logistics Execs See 2023 Recession as “Likely” or “Certain”

Most still committed to net-zero, emerging markets plans despite bleak outlook DUBAI, UAE, Feb. 7, 2023 /PRNewswire/ — Nearly 70% of global logistics executives say they are bracing for recession amid higher costs, slowing demand, and ongoing supply chain disruption arising from China’s battle to contain COVID, Russia’s war in Ukraine, and the impact of… Continue reading Agility: Logistics Execs See 2023 Recession as “Likely” or “Certain”

Agilität: Logistik-Führungskräfte betrachten Rezession im Jahr 2023 als „wahrscheinlich” oder „sicher”

Die meisten setzen trotz düsterer Aussichten weiterhin auf Netto-Null und neue Märkte  DUBAI, VAE, 7. Februar 2023 /PRNewswire/ — Fast 70 % der globalen Logistik-Führungskräfte erklären, dass sie sich angesichts höherer Kosten, nachlassender Nachfrage und anhaltender Störung der Lieferkette, die sich aus dem Kampf Chinas um die Eindämmung von COVID, Russlands Krieg in der Ukraine… Continue reading Agilität: Logistik-Führungskräfte betrachten Rezession im Jahr 2023 als „wahrscheinlich” oder „sicher”