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In a landmark event for the Aviation industry, Boeing has agreed in principle to a plea deal with the U.S. Department of Justice (DOJ) regarding the two fatal 737 Max crashes in 2018 and 2019, which resulted in the deaths of 346 people. Here are the key details about the agreement and its implications: Details…
The latest military developments underscore the need for a resilient, secure, and efficient supply chain to support modern military operations and strategic objectives. Suppliers and logistics providers must prioritize adaptability, technological integration, and security to effectively support the evolving needs of the military. If you want to learn more, book your consultation today at Book…
The fallout of the presidential debate last week left me — as with many Americans — longing for other alternatives. When it comes to this November, I will be focused on a few key topics: namely, each candidates stance on the economy, small business, global trade, and the impact of each to the an already…
Boeing’s recent acquisition of Spirit AeroSystems, announced on July 1, 2024, is a significant move aimed at enhancing production quality, safety, and overall integration of their manufacturing processes. This all-stock transaction, valued at approximately $4.7 billion, involves Boeing assuming Spirit’s net debt, bringing the total transaction value to around $8.3 billion. Key Points of the…
The skilled labor shortage in the United States remains a significant challenge, impacting various trades and industries. This shortage is largely driven by the retirement of baby boomers, the lingering effects of the COVID-19 pandemic, and cultural stigmas surrounding vocational training. Key Trades in Need Factors Contributing to the Shortage Strategies to Address the Shortage…
Price Trends and Projections Copper prices have been experiencing significant upward momentum, driven by increasing demand and supply constraints. As of mid-2024, copper futures on COMEX have traded at around $5 per pound, marking a substantial rise from earlier levels. Analysts from Citi project that copper prices could average around $10,000 per metric ton by…
Delta Air Lines started the latest airline earnings season with disappointing news, revealing that it expects to miss Wall Street estimates for profit and revenue in the third quarter. The company’s second-quarter profit dropped by 29% compared to the previous year. The primary reasons for this decline include heightened competition during the busy summer travel…
Here’s a simplified view of forecasting strategies tied to volume and demand variability from Steve Clarke’s upcoming book “Lean Forecasting Demystified”. Pre-order your copy today at Amazon.com: Lean Forecasting Demystified: Minimize Supply Chain Waste, Maximize Value eBook : Clarke, Steve: Kindle Store.
Acerinox’s wholly owned U.S. subsidiary, North American Stainless (NAS), has entered into a definitive agreement to acquire Haynes International. The acquisition, valued at approximately $970 million, includes an all-cash transaction where Acerinox will acquire all outstanding shares of Haynes for $61.00 per share, representing a premium of approximately 22% to Haynes’s six-month volume-weighted average share…
Honeywell recently completed the acquisition of Air Products’ natural gas technologies business, integrating it into Honeywell UOP, its Gas Processing and Hydrogen business unit. This acquisition includes advanced technologies for the recovery of natural gas liquids (NGLs) and sulfur from natural gas streams and refinery feedstocks, respectively. The specific terms of the deal were not…
