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Category: Logistics


Logistics, Process

Symantec, Broadcom cease deal negotiations: CNBC

July 15, 2019

Via: Reuters

(Reuters) – Cybersecurity company Symantec Corp (SYMC.O) and chipmaker Broadcom Inc (AVGO.O) have ceased deal negotiations, CNBC reported on Monday, citing sources. Symantec’s shares fell 18% to $21.01 in trading before the opening bell, while those of Broadcom were up […]


Logistics, Process

Electric cars grab almost half of sales in oil-producing Norway

July 1, 2019

Via: Reuters

OSLO (Reuters) – Almost half of new cars sold in Norway in the first six months of 2019 were powered by fully electric engines, up from just over a quarter in the same period last year, ensuring the Nordic nation […]


Logistics, Process

Oxford Economics research says 20mn robots expected to be in use by 2030

June 28, 2019

Via: Manufacturing Global

Entitled ‘How robots change the world: what automation really means for jobs and productivity’, the report says that the fast pace of technological progress means that robots will be able to take over ever more of the tasks once carried […]


Logistics, Process

Huawei executive says European smart phones sales up ‘in past few days’

June 21, 2019

Via: Reuters

ZURICH (Reuters) – Huawei smart phones sales in western European countries have risen “in the past few days” as customers grow more confident the Chinese company will weather U.S. sanctions levied last month, a European executive said on Friday. Walter […]


Logistics, Process

Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue

June 17, 2019

Via: Reuters

Ren’s downbeat assessment that the ban will hit revenue by $30 billion, the first time Huawei has quantified the impact of the U.S. action, comes as a surprise after weeks of defiant comments from company executives who maintained Huawei was […]


Logistics, Process

Robot Sales Dip in Q1

June 12, 2019

Via: Industry Week

Robot orders in North America declined slightly in the first quarter of 2019 compared to the same period last year, according to the latest statistics released on June 12 by the Robotic Industries Association (RIA). North American companies ordered a […]


Logistics, Process

Wall Street Recession Warning Shrinks Global Manufacturing

June 3, 2019

Via: Industry Week

Global manufacturing was the weakest since 2012 last month, a victim of mounting trade tensions and further reason to worry that the world economy is weakening. With softness in Germany, Japan, the U.K. — as well as the lowest U.S. […]


Industry Focus Areas, Logistics, Motorized Vehicle, Process

Where did Jaguar Land Rover’s extra $1B come from?

May 29, 2019

Via: Automotive News

If a company suddenly has $1 billion in cash, does it matter where it comes from? For Jaguar Land Rover, it should. In its latest results, JLR posted around 1.4 billion pounds of free cash flow ($1.77 billion). That’s a […]


Logistics, Process, Production

PC maker Lenovo books fourth-quarter profit surge, says production unaffected by trade war

May 23, 2019

Via: Reuters

Still investors, worried that the conflict was morphing into a technology cold war, dumped shares of Asian tech companies, with Lenovo’s stock price falling as much as 6.3% to its lowest in nearly four months. Dual-headquartered in China and the […]


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 […]