After selling 2.5 million Galaxy Note 7 phablets in just two weeks, Samsung has issued a worldwide recall and temporary hold on sales because of battery overheating issues and danger of explosion. Since two-thirds of those batteries are manufactured by Samsung SDI, a supplier to many of the top brands of portable computing devices, this development could disrupt the supply chain for new devices for the rest of the year. Samsung SDI is one of the suppliers listed by Apple in their 2016 Supplier List, published in February.
Allianz Global Corporate & Specialty (AGCS), the specialist corporate insurer of Allianz Group, has launched Transportation Block 2020, a comprehensive inland marine cargo insurance product.
The global thermoformed plastics market is expected to grow at a CAGR of close to 5 percent during the period 2016-2020, according to Technavio's latest report.
Over the last few decades, international trade has exploded, driven in large part by tremendous improvements in efficiency and transportation cost reductions related to the containerization of freight. However, success depends on an intricately orchestrated chain of events where the drayage fleets move containers from the shipyards to inland warehouses and from rail yards to consignees across the United States.
American Airlines Cargo has launched a daily nonstop service between Los Angeles and Hong Kong, complementing its American's Dallas/Fort Worth-Hong Kong route, which began in 2014.
Optel Vision, a provider of inspection and serialization systems for the global pharmaceutical industry, has released version 2.0 of its Open SiteMaster site server software.
Forecasts call for a steady recovery from the recent oil price downturn in the offshore maintenance market with spending expected to improve significantly between 2017 and 2021.