Connell Limited Partnership, a global manufacturer serving the automobile, appliance, mining, rail and industrial equipment industries, has completed its acquisition of SencorpWhite, a provider of automated systems for the packaging industry through its Sencorp, Ceratek and Cerapak product lines.
California-based drone manufacturer, Matternet, plus DHL's "parcelcopter" prototype unmanned aerial vehicle (UAV), both plan to begin testing their airworthiness with actual payloads in the next two months.
GE, which has a long-term strategic partnership to explore cooperation in the areas of industrial internet, healthcare and advanced manufacturing with Qingdao Haier Co., has agreed to sell its Appliances business to the Chinese company for $5.4bn.
Less than 12 hours after Macy's shared bleak holiday results, J.C. Penney Co. said enhanced digital capabilities and strong demand for its private-label offerings helped it to produce strong holiday season same-store sales growth, which allowed the company to reaffirm its full-year profit forecast.
Companies could create new, revenue-generating services from the "data streams" they produce, but it requires a data-savvy culture and new skills, according to research supported by the Society for Information Management's Advanced Practices Council.
By now, it's conventional wisdom: culture can ultimately break even the most seemingly harmonious corporate match. The list of mergers that have faltered or failed because of culture clash is long. Yet despite the many high-profile cautionary tales, very few companies involved in a post-merger integration deal with the culture question as fully and aggressively as they do with, say, capturing value from cost synergies.
SeaLand, an ocean carrier specializing in the intra-Americas market, has created a service between the Gulf of Mexico and the eastern and central regions of the U.S.
With the progress of modern logistics as well as the growth in demand for replacing workforce by machinery, forklifts have become the most widely used tools for handling materials in logistics industry. In 2014, global forklift sales volume exceeded one million sets for the first time, representing a year-on-year increase of 7.5%; wherein, China sold 360,000 ones, up 9.4% year on year, still ranking first worldwide.
Scanner guns - the barcode readers used in warehouses worldwide - are getting a makeover, as retailers scramble to boost productivity amid a surge in online orders.