Nebraska is key to the success of Tyson Fresh Meats. The company has a large warehouse in Lexington that employs 2,700 people in their meat packaging business. This year, Tyson Fresh Meats plans to update the facility and expand its boxed beef department with a $47 million renovation and expansion. Several products are already packaged…
The Federal Aviation Administration (FAA) has been hard at work trying to keep the sky safe, but new innovations, such as drones, have been making their job more difficult. Well, things are about to get even more complicated as the first flying car hopes to make its début. This could happen as early as 2017.
U.S. based Penske Logistics LLC just came to an agreement with Mitsui & Co., Ltd. to purchase Transfreight North America. Penske is an established leader in the logistics industry and this acquisition will place them to excel and rapidly grow. Both companies are customer focused with similar cultures. The acquisition deal is expected to happen…
In 2015, Kraft and Heinz will merge to create the third-largest food and beverage company in the U.S. The deal is backed by a $10 billion investment from 3G Capital and Warren Buffet’s Berkshire Hathaway Inc. The company’s new name will be “Kraft Heinz Co.,” and corporate offices will be located in both Pittsburgh and…
The Internet has been in the news a lot lately — net neutrality will remain the same and the Comcast-Time Warner Cable merger has been put at bay. However, there is still a major problem with Internet in the U.S. Most of the internet infrastructure across the country is outdated and slow. U.S. businesses want…
The Federal Aviation Administration (FFA) has been busy lately. Last month, they decided to lift the ban on commercial air drones, with the stipulation that the pilot must always maintain line-of-sight with his drone. This meant that Amazon did not have authorization to test their delivery drones. Amazon was rightfully upset and decided to fight…
In 2008, the U.S. Supreme Court created a law giving Amtrak priority over freight trains on common railroad tracks. It was meant to improve Amtrak’s on-time performance for passenger trains. However, that law is temporarily being revisited because of complaints from freight carriers. The Supreme Court has decided to give freight carriers another chance to…
Last year, everyone wanted to get their hands on a tablet, whether it was a Samsung Galaxy Tab or an Apple iPad. However, reports show that tablet manufacturers are slowing down production this year. There are lots of factors contributing to the drop in sales, and it is taking its toll on tablet supply chains.
UPS is a full service transportation and logistics company. They can deliver everything from standard packages to temperature-controlled goods throughout the U.S. and around the world. They recently expanded their services to include transportation of biomeds and other dangerous specimens through their International Special Commodities (ISC) program. Other logistics companies do offer this service, but…
For the past 15 years, China’s economy has been booming because of their large manufacturing industry. However, times are shifting and, China is moving away from dependence on exports. Stephen Roach, a senior fellow at Yale University said, “China is changing from a producer model to a consumer model. That’s an enormous opportunity for the…