Category: Logistics

Logistics, Process

Samsung Electronics says undecided on further investment in its China NAND plant

May 17, 2019

Via: Reuters

SEOUL (Reuters) – South Korea’s Samsung Electronics Co Ltd said on Friday that it has not decided on additional investment in a second memory chip production line in the Chinese city of Xian, denying a report by China’s official Xinhua […]

Logistics, Process

US Factory Gauge Falls to Two-Year Low as Orders, Output Cool

May 1, 2019

Via: Industry Week

A gauge of U.S. factories fell in April to the weakest level since late 2016, signaling that manufacturing headwinds extended into the second quarter as companies continue to confront uncertainty about trade. The Institute for Supply Management index slumped to […]

Logistics, Process

GM doubles Q1 net income; operating profit falls

April 30, 2019

Via: Automotive News

DETROIT — General Motors’ first-quarter net income doubled from a year earlier, though operating profit fell 11 percent primarily due to downtime at the company’s full-size SUV plant in Texas. GM on Tuesday reported net income of $2.15 billion, up […]

Industry Focus Areas, Logistics, Motorized Vehicle, Process

Fiat Chrysler CEO 100% sure carmaker can survive tech disruption

April 29, 2019

Via: Automotive News

Fiat Chrysler Automobiles is a “house of brands” and that ensures it will be one of the few traditional automakers to survive the disruption the car industry is facing from the rise of electric and self-driving cars, CEO Mike Manley […]

Logistics, Process

Microsoft market cap touches $1 trillion, pulls above Apple

April 25, 2019

Via: Reuters

(Reuters) – Microsoft Corp’s market value vaulted above the $1 trillion mark for the first time in regular session trade on Thursday, pulling ahead of Apple Inc and making it the most valuable U.S. publicly traded company after quarterly earnings […]

Logistics, Process

Ford set to see over $1bn improvement in operating earnings

April 18, 2019

Via: Manufacturing Global

Ford’s Michigan Assembly Plant in Wayne, Michigan, has transitioned from C-Max hybrids and Focus compact cars to Ranger mid-sized pickup trucks and Bronco SUVs. At a Bank of America Merrill Lynch conference in New York, Ford’s Jim Baumbick, vice president […]

Logistics, Process, Production

US Factory Output Stalled in March as Auto Production Dropped

April 16, 2019

Via: Industry Week

U.S. factory production stalled in March as motor-vehicle output declined, adding to signs of headwinds for manufacturing and economic growth around the world. Manufacturing output was unchanged from February after falling a revised 0.3%, Federal Reserve data showed Tuesday. That […]

Logistics, Process, Regulations

Manufacturers Across EU Issue Warning Against a No-Deal Brexit

April 10, 2019

Via: Industry Week

U.K. manufacturers and their counterparts across the European Union said they’re “woefully” unprepared for a no-deal Brexit and called on the bloc to avoid Britain leaving without an agreement. “Neither the EU nor the U.K. are ready, and as a […]

Industry Focus Areas, Logistics, Medical, Process

Morgan Stanley: Apple’s mHealth play could triple entire mobile market

April 9, 2019

Via: Mass Device

Though Apple (NSDQ:AAPL) has only begun to step into the healthcare market, a group of Morgan Stanley analysts estimate the company’s opportunity in the U.S. healthcare market to be three times larger than the global smartphone market, according to a […]

Logistics, Process

Lyft’s shares rise after Citron advises against shorting stock

April 5, 2019

Via: Reuters

The number of active Lyft riders has surged fivefold to 18.6 million in the fourth quarter of 2018, from the first quarter of 2016, and those numbers are set to rise further, Citron said, listing several other reasons to not […]