Logistics
Weapon System Sustainment: DOD Needs a Strategy for Re-Designing the F-35’s Central Logistics System
What GAO Found The Autonomic Logistics Information System (ALIS) is integral to supporting the F-35 fighter jet’s operations and maintenance. F-35 personnel at 5 locations GAO visited agreed that ALIS is performing better in some aspects, such as faster processing speeds for some tasks. However, problems with ALIS continue to pose significant challenges for F-35 …
Apple Makes Plans to Move Production Out of China
In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people involved in the discussions. It is telling suppliers to plan more actively for assembling Apple products elsewhere in Asia, particularly India and …
Emma Gibson: Optimizing health care logistics in Africa | MIT News
Growing up in South Africa at the turn of the century, Emma Gibson saw the rise of the HIV/AIDS epidemic and its devastating impact on her home country, where many people lacked life-saving health care. At the time, Gibson was too young to understand what a sexually transmitted infection was, but she knew that HIV …
Logistics Innovation Technologies Corp. Announces Pricing
Atlanta, GA , June 10, 2021 (GLOBE NEWSWIRE) — Logistics Innovation Technologies Corp. (“LIT”) announced today the pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “LITTU” beginning on June 11, …
Credit Suisse, Johnson & Johnson, Micron Technology: Stocks That Defined the Week
Credit Suisse Group AG A fire sale of stocks by a large U.S. investor burned Credit Suisse and Nomura Holdings Inc. The global investment banks said Monday that they could incur substantial losses after Bill Hwang’s firm Archegos Capital Management and its banks began liquidating huge positions in blue-chip companies. Large banks served as prime …
Suez Canal Opens, but Shipping Will Be Snarled for Months
The bridge of the oil tanker Navig8 Aronaldo erupted in cheers after Capt. Malik Naushad told his crew to prepare to weigh anchor midnight Tuesday and start their voyage out of the Suez Canal, where they had been stuck for six days by the grounding of the Ever Given. Back at the German offices of …
Goldman, Morgan Stanley Limit Losses With Fast Sale of Archegos Assets
Goldman Sachs Group Inc. and Morgan Stanley were quick to move large blocks of assets before other large banks that traded with Archegos Capital Management, as the scale of the hedge fund’s losses became apparent, according to people with knowledge of the transactions. The strategy helped limit the U.S. firms’ losses in last week’s epic …
Railroads Strike a $25 Billion Merger
Canadian Pacific Railway Ltd. agreed to acquire Kansas City Southern in a merger valued at about $25 billion that would create the first freight-rail network linking Mexico, the U.S. and Canada. The companies said Sunday their boards agreed to a deal that values Kansas City at $275 a share in a combination of cash and …
FarEye acqui-hires logistics technology startup PY Technology
Logistics SaaS (software as a service) platform FarEye said it has acqui-hired logistics technology startup PY Technologies in a bid to scale customer implementations and to incubate new ideas. PY technologies, earlier known as PRTouch, was founded by Jignesh Vasani in 2012. He will be joining FarEye as vice-president, professional services, the company said in …
Watch: Toyota turns to technology to redesign US vehicle logistics network | Article
By Automotive Logistics2021-02-06T16:13:00 Toyota’s Rick Wishon discusses how the carmaker is using optimisation tools from software specialist Inform to engineer its outbound logistics network to maximise capacity and reduce lead times even as complexity rises. In this case study, Toyota and its IT partner Inform discuss how the company moved beyond spreadsheets to use …
