Time has been of the essence over the past year as demand for goods outstripped supply, forcing shippers to order more than they needed. Now that consumer demand is waning, companies find themselves with more inventory than they can handle. The national Outbound Tender Volume Index (OTVI) has dropped 12% over the past year and 14% over the past month while loaded intermodal volumes (ORAILL) are trending higher. Could shippers be using the bottlenecks around ports and railheads and a slower transit time from intermodal to decrease their inventory costs? There is no denying that intermodal is not experiencing the same decline in demand as its truckload counterpart. Even though these two modes tend to move in relative sync with each other, that has not been the case for most of the past year.
Earlier this month, China announced a new five-year plan to eventually ban single-use plastic waste in the entire country.
Here on RioOnWatch we regularly report on land rights struggles in Rio de Janeiro’s favelas. With this focus in mind, on occasion we may publish articles such as this one, highlighting broader land rights conflicts across Brazil, and even the world. In the early morning hours of Saturday, April 6, residents of Acará, a municipality outside of Belém, capital of Brazil’s Northern state of Pará in the Amazon region, awoke to the distressing news that a transport ferry had crashed into the support pillars of a major bridge in the area, causing it to fall into the Moju River.
Energy and chemical sectors are the two leading contributors for CO2 emissions in China, with long-term coal-dominated structures.To accomplish both international and domestic CO2 emissions targets and achieve a low-carbon future in China, a closer integration between energy and chemical sectors …
Financing will boost DIEM’s acceleration plans in expanding its consumer base both in UK and the pan-European region. The investment round is led by Fasanara Capital, a UK-based finance-focused specialist fund, and supported by Chris Adelsbach, founder of Outrun Ventures and additional investors include Andrea Molteni (early investor in Farfetch.com luxury marketplace), Ben Demiri (co-chairman at fashion tech PlatformE) and Nicholas Kirkwood (founder of the eponymous brand). DIEM powers a disruptive concept in fintech: merging solutions to address both personal finance and collective environmental needs. Its mission is to empower consumers to value, unlock, and enjoy wealth they never knew they had, best described by its founder, Geri Cupi as the “Bank of Things”. DIEM offers a highly unique service on top of regular debit card access, competitive international transfer rates and user-friendly valuation and spending analytics. In simple terms, DIEM enables consumers to receive instant payments for their things.