Google, General Motors, and Tesla are all working on self-driving cars. Now, there are rumors that Apple will enter the race. The Wall Street Journal reported that several Apple employees are working on project “Titan,” which is an electric vehicle in the minivan class. However, those rumors were not confirmed by Apple.
For decades now, businesses have been using large metal containers to ship their goods around the world. These containers easily transfer from large cargo ships to trains for distribution. However, manufacturers are making larger and larger cargo ships that end up causing supply chain issues.
Sysco Corp. announced in December 2014 that they would buy US Foods for $3.5 billion to create a food distributor monster company. The deal would combine two of the largest food distributors in the U.S. After the announcement, Sysco’s shares jumped by 25 percent. Investors obviously saw the value in Sysco’s supply chain and US…
The Federal Trade Commission (FTC) works hard to protect consumers from unfair business practices, fraudulent behavior, and inaccurate information. They work with the Food and Drug Administration (FDA) to make consumers aware of what they are buying. Periodically, they make revisions to their laws. That’s what the FTC planned to do when they asked for…
India wants to become a solar-powered super country. They have plans to improve their solar capacity 30-fold by 2020. One of the biggest plans is to promote the use of domestic solar panels and make them affordable for consumers. However, India’s buy-local rules could jeopardize their ability to do so because of World Trade Organization…
Albertsons and Safeway announced their $9.2 billion merger at the beginning of last year, but it took nearly a year to gain approval from The Federal Trade Commission (FTC). The FTC finally approved the merger after these supermarket chains agreed to close 168 stores in eight states to avoid monopolies in those markets. Albertsons and…
At the beginning of February 2015, health insurer Anthem Inc. faced a massive cyberattack where there was a breach in patient records. Hackers got away with patient names, social security numbers, and health information of millions of customers. The Wall Street Journal went on to report that the cyberattacks could possibly be linked to China…
Third-party logistics provider, Wheels Group, Inc., just announced that they are being acquired by Radiant Logistics, Inc. Wheels is one of the largest logistics providers in Canada serving hundreds of small and large companies. Wheel’s operations are based in Toronto, Canada and they have warehouse and distribution centers located throughout Canada and the U.S. A…
Staples CEO Ron Sargent just announced that his company will acquire Office Depot for the sum of $6.3 billion along with some company shares. He said, “This is a transformational acquisition which enables Staples to provide more value to customers, and more effectively compete in a rapidly evolving competitive environment.” Consumers are noticing that Staples…
At the beginning of January 2015, the Obama administration began drafting plans for a 30-year transportation framework to support the growing population in the U.S., particularly in the south and the west. This ASCE report lays out a comprehensive plan, including U.S. investment costs, for creating new highways, roads, and bridges. Several organizations contributed research…