Freight-hauling firms in the US are suffering from capacity shortages and a manufacturing backlog of nine months. ACT Research says a record 450,000 heavy-duty vehicles will be ordered this year.
Centralized security via the cloud is the best option for protecting cloud-based supervisory control and data acquisition systems, writes Rusty Gavin of Honeywell Industrial Cyber Security. "Combined with a top-down security management platform, this architecture can be used to deliver robust ICS security following the NIST Cybersecurity Framework," he writes.
The Select Center for Advanced Manufacturing hosts a free, three-week training program in Colorado. The program, which also features life skills lessons, trains homeless and struggling workers for careers in manufacturing and helps them find jobs.
The DRIVE-Safe Act is a new bill introduced in the US Senate that would create a training program for truckers under age 21 to drive commercial vehicles across state lines. The legislation, much like that introduced previously in the House, aims to overcome driver shortages.
Vancouver, British Columbia, saw industrial real estate lease rates rise 29% during the first quarter year over year, making the Canadian city one of the most in-demand areas for logistics and warehouse space, according to CBRE Group. Recent transactions BMW and IKEA have created a tight market in warehouse space, driving up prices.
Walmart's results beat forecasts in the second quarter as traffic grew and shoppers spent more both in stores and online, the retailer reported. US same-store sales rose 4.5% and online sales grew 40%, as consumers spent on apparel, groceries, gardening supplies and other warm-weather gear.
Demand for IT is growing globally, particularly in Asia, says Tech Data CEO Richard Hume. Artificial intelligence and analytics are among the hot technologies that will continue to gain importance over the next decade, he says.
Process owners and operators can take financial data and put it to good use on the factory floor when it has three characteristics: defensibility, timeliness and transparency, writes Larry White of the Resource Consumption Accounting Institute. "The critical factor for financial information to be useful for manufacturing is that it must accurately reflect the causal relationships seen and experienced by process owners and operators," he writes.