Walmart Acquiring Vizio to Boost Advertising Business
Walmart has announced its acquisition of TV maker Vizio for $2.3 billion in cash, aiming to bolster its profitable advertising business.
Amazon, SpaceX, and Trader Joe's Challenge Constitutionality of Labor Board in Legal Battles
Amazon, along with SpaceX and Trader Joe's, is challenging the constitutionality of the National Labor Relations Board (NLRB) in legal filings.
Intuitive Machines Launches Historic Moon Mission IM-1
Intuitive Machines, a Texas-based aerospace company, kicked off its maiden moon mission dubbed IM-1, potentially marking the first U.S. lunar landing in over 50 years.
Boeing Faces Delivery Decline Amid Safety Concerns
In January, Boeing saw a decline in aircraft orders and deliveries following a midflight incident involving a fuselage panel on one of its 737 Max 9s.
Is Hydrogen a Contender for Clean Fuel Dominance or a Niche Player in the Automotive Industry?
Hydrogen - the lightest element - is being touted as a promising clean fuel for the future, particularly in the automotive industry.
Lessons Can Be Learned from Tesla's Success and Arrival's Demise
Starting a new automaker is no easy feat, and it's been a rarity in the last four decades. It's not just about designing a car but also establishing the necessary infrastructure.
Hawaii's Clean Energy Transition is Navigating Challenges and Opportunities Amidst BYOD Program Rollout
In September 2022, Hawaii shut down its sole coal power plant as part of its goal to achieve entirely clean electricity by 2045.
UPS Implements Staff Reductions and Shift Cuts Across Multiple States Amidst Decreased Package Demand
UPS is scaling back package sorting shifts and reducing staff at facilities in Connecticut, Maryland, and Oregon due to decreased demand for package delivery.
Key Supply Chain Insights from Foot Locker's COO at Manifest Vegas 2024
In the ever-evolving world of supply chain management - Elliott Rodgers, EVP and COO at Foot Locker - emphasizes four crucial skills to ensure organizational success: comfort with uncertainty, global awareness, effective communication, and strong leadership.
AI and Autonomous Watercraft Are Transforming Supply Delivery for Soldiers
Soon, soldiers could rely on advanced technology like artificial intelligence to predict when and how to deliver supplies to troops spread across vast areas.
Investor Groups Advocate for EU's Corporate Sustainability Directive Amidst Opposition
Investor groups are urging EU countries to support a proposed law, the Corporate Sustainability Due Diligence Directive, which would hold large companies accountable for environmental and human rights violations in their supply chains.
Massive Lufthansa Strike Disrupts Over 100,000 Passengers
Over 100,000 passengers are in for a bumpy ride due to a strike by Deutsche Lufthansa AG ground personnel.
ATI Pilots' Union Pushes for Improved Contract Amid Amazon's Rapid Growth
In a recent interview, the chair of the pilots' union at Air Transport International (ATI), a key air carrier in Amazon's delivery network, expressed frustration over delayed contract negotiations.
Ammonia as a Marine Fuel is a Double-Edged Sword for Decarbonization
Ammonia has emerged as a potential marine fuel in the quest for decarbonization, but a study from Chalmers University of Technology in Sweden reveals that this alternative may create new environmental challenges.
More Layoffs at Flexport as the Cost-Cutting Strategy Continues
Flexport, the supply chain logistics firm, is undergoing its third round of layoffs in about a year, reducing its workforce by approximately 15% as part of cost-cutting measures to achieve profitability.
Boeing CEO Promises Employee Rewards for Safety Reporting Amid Production Scrutiny
Boeing's CEO, Dave Calhoun, has pledged to reward employees who report problems in the company's production processes.
FreightWaves Media Arm Evolves into Firecrown
FreightWaves, known for providing global intelligence to the supply chain industry, is making a strategic shift by divesting its media business to concentrate solely on its high-frequency global intelligence data service, SONAR.
EV Startup Arrival Faces Delisting and Financial Struggles Amidst Promising Beginnings
Arrival, the UK startup once hailed as an EV trailblazer with its micro-factories producing delivery vans for companies like Uber and UPS, is now in dire straits
Major Truck Manufacturers Join Forces in PACT to Accelerate Electric Truck Infrastructure
Three major medium- and heavy-duty truck manufacturers - Daimler Truck North America (DTNA), Navistar Inc., and Volvo Group North America - have teamed up to create Powering America’s Commercial Transportation (PACT), an initiative aimed at advancing electric truck infrastructure.
UPS Plans to Cut 12,000 Jobs in Cost-Saving Effort Amid Revenue Decline
UPS is set to cut 12,000 jobs in a cost-saving move aimed at reducing expenses by $1 billion.