Toyota Motor Corporation (Toyota; NYSE: TM) and Joby Aviation, Inc. (Joby; NYSE:JOBY), a company developing electric air taxis for commercial passenger service, announced that Toyota will invest an additional $500 million to support the certification and commercial production of Joby’s electric air taxi, with the aim of realizing the two companies’ shared vision of air […]
Many global multinationals accelerated their investments in digitizing data during the pandemic. According to Colin Masson, a director of research at ARC Advisory Group, the opportunity to mine these vast quantities of data to achieve business value is “NOW.” Mr. Masson recently wrote the report “Industrial-grade AI: Transforming Data into Insights and Outcomes.” Mr. Masson […]
WASHINGTON, Nov. 6, 2024 /The Transportation Security Administration (TSA) published a Notice of Proposed Rulemaking that proposes to mandate cyber risk management and reporting requirements for certain surface transportation owners and operators. “TSA has collaborated closely with its industry partners to increase the cybersecurity resilience of the nation’s critical transportation infrastructure,” said TSA Administrator David […]
November 4th – 8th 2024 Supply Chain & Logistics News Steve Banker a tenured Supply Chain analyst with ARC Advisory Group will be presenting next Wednesday, November 13th with Wendy Ripley on “How Orvis Used Order Tracking to Eliminate Stockouts.” This Webinar is free to anyone who wishes to attend and can be found […]
Siemens AG has agreed to sell its Siemens Logistics business to Vanderlande, a company owned by Toyota Industries Corporation. Vanderlande is a leading global partner for future-proof logistic process automation in the warehousing, airports, and parcel sectors, and with that will be a strategic long-term owner for Siemens Logistics. The purchase price (enterprise value) is […]
In the fast-paced, data-driven environment of today’s warehouse and distribution operations, data visualization has become a linchpin of decision-making, productivity, and user satisfaction. Data visualization plays a crucial role in how data is consumed, understood, and ultimately acted upon, transforming vast streams of information into intuitive and actionable insights for warehouse managers and workers alike. […]
NIS 2 Has Deep Impacts on the Supply Chain, Not Just Plant Operations The manufacturing industry is undergoing a significant transformation as it grapples with the implications of the Network and Information Systems Directive 2 (NIS 2). This EU-wide regulation, designed to bolster cybersecurity and ensure the resilience of essential services and digital infrastructures, presents […]
The Evolution of Connected Fleet Ecosystems Fleet Management 2.0 is redefining transportation by integrating IoT sensors into vehicles, fundamentally shifting fleet operations. These sensors capture precise data on factors like location, speed, fuel usage, and driver behavior, transforming fleet management from reactive to data-driven decision-making. Real-time visibility enables fleet managers to oversee both individual vehicles […]
The European Union is investigating Chinese online retailer Temu for potential violations of rules designed to prevent the sale of illegal products. This investigation, launched under the Digital Services Act (DSA), follows complaints from the European Consumer Organisation (BEUC) and its members regarding the platform’s practices, including its game-like reward systems and product recommendation algorithms, […]
Blyncsy, a subsidiary of Bentley Systems Inc., announced the launch of a comprehensive public map showcasing all interstate highways in the continental U.S. This map highlights critical roadway assets such as guardrails, speed limit signs, and work zones, aimed at enhancing roadway safety and maintenance. The data is accessible to state U.S. Department of Transportation […]