Category: Logistics

May 17, 2019

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 […]

May 1, 2019

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 […]

April 30, 2019

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 […]

April 29, 2019

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 […]

April 25, 2019

(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 […]

April 18, 2019

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 […]

April 16, 2019

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 […]

April 10, 2019

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 […]

April 9, 2019

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 […]

April 5, 2019

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 […]