OEMs' insistence on more and more cost reductions has caused painful friction in the relationship, according to the annual Global OEM-Supplier Relations Study conducted by IHS Automotive. The survey allows automotive suppliers to rate car makers on a variety of matters, including technology sourcing, profit-impacting factors, quality management and intellectual property protection matters.
Boeing and Commercial Aircraft Corp. of China (COMAC) have opened a demonstration facility that will turn waste cooking oil, commonly referred to as "gutter oil" in China, into sustainable aviation biofuel. The two companies estimate that 500 million gallons (1.8 billion liters) of biofuel could be made annually in China from used cooking oil.
The stage is set for strategic buyers. Uncertainty over macroeconomic issues may have dimmed the corporate lights on M&A plans in previous years, but 2014 is providing a more promising script. Debt financing is readily available; many corporations boast significant cash on their balance sheets; shareholders are clamoring for more than just share buybacks; and companies are scouring for targets at home and abroad with more immediacy than before. CEOs are viewing the M&A scene with more confidence than they have in a long time.
An Environmental Protection Agency proposed rule that would require modified and reconstructed power plants to meet two different carbon dioxide emissions standards under separate provisions of the Clean Air Act is illegal, states and industry groups said.
Medium- and heavy-duty trucks and other commercial vehicles classes 5-8 orders were at healthy levels again in September. Total net orders for Class 8 were 24,842 units, up 31 percent year over year. Classes 5-7 net orders, at 19,486, rose to their third-strongest level since early 2008. These results were published in the latest State of the Industry report, recently released by ACT Research Co. (ACT). The report covers Classes 5 through 8 vehicles for the North American market.
For many of us trying to navigate the 21st Century, it's become sensible – healthy, even – to maintain a simmering, low-grade paranoia about the impending robot revolution. Advances in automation and robotics are impacting virtually every area of technology and industry.
From improved efficiency to more advanced fabrication possibilities, specialized 3-D printing sub-sectors are emerging that cater to an array of enterprise buyers with money to inject into the field. Machines can now produce materials with potential health applications, such as human cartilage, plus batteries, LEDs and motor components. But what is the environmental impact of 3-D printing?
The Ebola crisis in West Africa has helped push cocoa prices up by 10 percent since August to more than £1,000 ($1,617) per tonne, and this despite rising production.
The latest supply-chain news, analysis, trends and tools for executives in the food and beverage industries. Learn how food and beverage companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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