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Ford Media Center
DEARBORN, Mich., Feb. 2, 2021 – Ford is stepping up its drive to encourage Americans to #FinishStrong in the battle against COVID-19 with the announcement of three new initiatives that include special Super Bowl LV advertising, new mask donations and new solutions to help protect people against the virus.
First up, the battle continues this Sunday, during Super Bowl LV, where Ford will exhort Americans to come together, protect each other and fight COVID-19 in regions hit hardest by the virus while also planning to distribute more than 25 million free medical-grade masks over the next five weeks alone. The Super Bowl LV message is expected to receive about 325 million impressions in some of the hardest-hit COVID-19 regions.
Ford also increased its mask-donation commitment to 120 million masks, up from 100 million, for communities and organizations with limited access to personal protective equipment.
“The data shows that we can save a lot of lives in the coming months by coming together as Americans and protecting each other. Our mission is to inspire people to stay safe. There is no bigger platform to do so than Super Bowl LV,” said Kumar Galhotra, president, Americas & International Markets Group. “Together with Ford Motor Company Fund, we’re also giving out more than 25 million medical-grade masks in some of the hardest-hit areas to make it easier for people to help protect each other.”
Ford also designed two new innovative anti-virus protective countermeasures – a patent-pending clear respirator that could benefit those with hearing impairments, and instructions for an open-source fan and HVAC filter design that can help reduce virus particle concentrations in spaces such as classrooms.
Regional Super Bowl LV advertising
Southern California, Texas and Florida are some of the hardest-hit COVID-19 areas in the U.S., based on data and analysis from University of Washington Institute for Health Metrics and Evaluation. Ford is also running the #FinishStrong ad during Super Bowl LV in Michigan and Missouri, where the company has a high concentration of employees who cannot work from home.
Super Bowl LV viewers will be able to see Ford’s #FinishStrong film – a 30-second spot and a new 60-second spot – before or during the big game in those places. The campaign will continue across digital and social media channels, delivering an impactful suite of messaging for this important initiative.
The cornerstone of Ford’s public call to action is a messaging campaign – #FinishStrong – created by acclaimed filmmaker Peter Berg, known for such movies as “Friday Night Lights,” “Patriots Day” and “Lone Survivor.” The spots are narrated by award-winning actor Bryan Cranston. Along with Film Forties, the campaign is co-produced by Civic Entertainment Group.
Ford will continue to run the #FinishStrong messaging campaign in these hot spot regions through February. It is also planning Ford mask distribution days at nonprofits and local Ford dealerships in communities across the U.S. as part of a concentrated effort beginning Feb. 18. For a list of upcoming distribution locations, click here.
In addition to picking up masks at Ford dealers in Dallas, people can also get masks later this month at Ford Center at The Star in Frisco, Texas, home of the Dallas Cowboys. The date will be announced soon. People will be able to drive right up and receive up to 20 masks for free.
If more Americans embraced COVID mitigation protocols, such as wearing masks, 50,000 or more lives could be saved between now and the end of June when vaccines are more readily available, according to officials at Institute of Health Metrics and Evaluation, part of the University of Washington School of Medicine.
“With the spread of new and more contagious variants of COVID-19, mask-wearing will be crucial to reduce transmission and save lives,” said Dr. Christopher Murray, director, Institute for Health Metrics and Evaluation. “As we await a strong vaccine rollout, something we can all do to protect each other is wear masks and stay socially distanced.”
Clear N95 respirators
Ford has received patent-pending approval for an innovative new clear respirator it expects to certify to N95 standards of virus elimination.
The transparent, low-cost, reusable respirators enable a full range of human expression, allowing people to better communicate with each other and aiding those with hearing impairments to help read lips that are today blocked by conventional cloth and filtered masks. This is also a safe solution where visible human expression is desired, such as teaching, air travel and sales.
“One of the things that’s missing during the pandemic is the power of a smile,” said Jim Baumbick, Ford vice president, enterprise product line management and leader of Ford’s Project Apollo personal protective equipment manufacturing effort. “This clear respirator promises to improve interactions between neighbors, at the store and for those who have hearing impairments.”
Testing on the respirators to prove their effectiveness continues this winter, with expected availability sometime this spring.
COVID-19 air filtration box fan kits
Ford has developed an air filtration kit that people can make at home or in school. The air filtration kit supplements a room’s existing filtration system to further help reduce the risk of COVID-19 virus particle concentrations. The kits are based upon scientific studies from academic and government research.
The company plans to donate up to 20,000 air filtration kits to underserved communities. More details will be shared by March.
The filtration kit is comprised of an easy-to-assemble die-cut cardboard base, a 20-inch box fan, and a 20x20x4 air filter with a standard minimum efficiency reporting value of 13. The air filter is placed inside the folded base with the fan placed on top. The fan operates on high for maximum filtration, discharging clean air downward as it pulls in unfiltered air from above.
Because COVID-19 can spread through droplets when infected persons exhale, cough, sneeze or talk, Ford conducted smoke particulate testing of the air filter at an independent test lab using the industry standard AHAM AC-1 test. These tests show that the unit provides a clean air discharge rate of 213 cubic feet per minute.
Ford and the University of Minnesota conducted aerosol modeling studies in a classroom-sized space that show increasing air filtration in closed spaces helps reduce particulate concentration, which includes aerosols and droplets.
“Our modeling results clearly show that improvements in air filtration of poorly ventilated spaces through the proper use of a portable air cleaner can help reduce the chance of breathing in contaminated aerosols,” said Dr. Jiarong Hong, mechanical engineering professor in the University of Minnesota’s college of science and engineering.
The impact of the portable air cleaner unit depends on where it’s placed and the size of the room. Ford studies show that with a room size of approximately 960 square feet, similar to an average-size classroom, adding two portable air cleaner units can triple the air changes per hour compared to what a building HVAC system alone would clean, refreshing the air 4.5 times per hour.
Ford is also making the base design available free by downloading this instruction template. Ford does not provide the fan or filter. An empty home delivery box can serve as the base.
Ford, in partnership with the UAW and its philanthropic arm, Ford Motor Company Fund, previously made a commitment to produce and donate 100 million U.S.-made medical-grade face masks to at-risk communities across the country. With the acquisition of another 20 million masks, Ford and Ford Fund have now increased their promise to 120 million donated masks by mid-2021.
“Ford Fund would like to thank our nonprofit partners and Ford dealers throughout the U.S. who have been instrumental in ensuring masks are getting to people and communities who need them most,” said Mary Culler, president, Ford Motor Company Fund.
Since August, more than 66 million masks have been distributed to nonprofit organizations, state and local officials, first responders, schools, community groups and Ford dealerships in all 50 states.
Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for customers and deepen their loyalty. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services. The company does that through three customer-centered business segments: Ford Blue, engineering iconic gas-powered and hybrid vehicles; Ford Model e, inventing breakthrough EVs along with embedded software that defines exceptional digital experiences for all customers; and Ford Pro, helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs. Additionally, Ford provides financial services through Ford Motor Credit Company. Ford employs about 177,000 people worldwide. More information about the company and its products and services is available at corporate.ford.com.
As the philanthropic arm of Ford Motor Company, Ford Fund’s mission is to strengthen communities and help make people’s lives better. Working with Ford dealers and nonprofit partners in more than 50 countries, Ford Fund provides access to opportunities and resources that help people reach their full potential. Since 1949, Ford Fund has invested more than $2 billion in programs that support education, promote safe driving, enrich community life and encourage employee volunteering. For more information, visit www.fordfund.org or join us at @FordFund on Facebook and Twitter.


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The Energizer brand and the IAFC launch Change Your Clock Change Your Batteries program to educate and advocate for simple actions to increase home safety and comfort
ST. LOUIS — Three minutes. That’s how much time families have on average to get out of their homes after an alarm from a smoke detector.* However, those life-saving minutes only occur when detectors are fully powered and operational.
Fortunately, three minutes is also a good average for the time it takes to change batteries in smoke alarms, carbon monoxide detectors and other connected devices in a home. There’s no better time to do it than when you’re already changing your clocks at the end of daylight saving time on Sunday, November 6, 2016.
Energizer® and the International Association of Fire Chiefs (IAFC) are partnering once again, for the 29th year, to share this life-saving message through the Change Your Clock Change Your Batteries™ program. Energizer and the IAFC work to raise awareness of the importance of checking the power and functionality of smoke detectors, smoke alarms and other key safety devices throughout homes.
The smoke detector remains among the most important battery-powered home devices. A recent study showed that 71 percent of smoke alarms that failed to operate had missing, disconnected or dead batteries. Working smoke alarms cut the risk of dying in a home fire nearly in half.*
“Checking and changing batteries in smoke alarms and carbon monoxide detectors, along with other home safety devices, will only take you a few minutes and could save lives,” said Fire Chief John D. Sinclair, IAFC President and Chairman of the Board. “Many fire departments across the country offer smoke alarm programs and can provide assistance. There is absolutely no reason why every home should not be protected by working smoke alarms and other devices in your home crucial to the safety of your family.”
Thanks to advances in technology, home safety and security has evolved in recent years. Many families rely on other home devices connected to the Internet or their smartphones, also known as the Internet of Things, to enhance safety and security. The Energizer brand provides smart energy for smart devices with a variety of battery sizes across its product portfolio that power these connected home devices. These everyday devices include smart thermostats, home security systems, door lock management equipment flashlights, portable chargers and other critical battery-operated devices.
The number of smart devices that keep us safe, secure, and comfortable at home is growing, and such devices are only as good as the batteries that power them.
This year, Energizer is donating more than 125,000 batteries to fire departments nationwide. Over the past 29 years, Energizer has donated more than five million batteries to local fire departments so they can help make sure more families have working smoke alarms and other home safety devices.
“Smart connected home technologies are keeping families safer, when operational,” said Michelle Atkinson, chief consumer officer, Energizer. “These tools, along with flashlights and other home safety devices require reliable battery power as well. Our partnership with the IAFC and the Change Your Clock Change Your Batteries program is our way of contributing to education and prevention.”
For more information on the program and to download home safety tips and materials, please visit www.Energizer.com/homesafety. IAFC member resources available here.
About the International Association of Fire Chiefs (IAFC)
The IAFC represents the leadership of firefighters and emergency responders worldwide. IAFC members are the world's leading experts in firefighting, emergency medical services, terrorism response, hazardous materials spills, natural disasters, search and rescue, and public safety legislation. Since 1873, the IAFC has provided a forum for its members to exchange ideas, develop professionally and uncover the latest products and services available to first responders. Learn more
Energizer Holdings, Inc. headquartered in St. Louis, MO, is one of the world’s largest manufacturers of primary batteries, portable flashlights and lanterns. Energizer is a global leader in the dynamic business of providing power solutions with a full portfolio of products including Energizer® brand battery products, Energizer® EcoAdvanced TM; Energizer MAX®; Energizer® Ultimate Lithium™; Energizer Recharge® batteries and charging systems; and portable flashlights and lanterns.
| IAFC Assistant Director, Strategic Communications
Bonnie Stack |
314-982 1730 | firstname.lastname@example.org

domain: news


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The Pikes Peak International Hill Climb is without doubt one of the most challenging events on the motor sport calendar.
POSTED FRI, 26 APR, 2013
Honda Australia has announced local release of the updated-for-2011 Accord Euro medium sedan.
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While recent reports have effectively trashed hopes of Honda ever releasing a follow-up to the venerable S2000, the Japanese manufacturer is still...
POSTED THU, 8 JAN, 2009
TMR has only recently handed the keys to the second generation Honda Accord Euro back to Honda, and can confirm that it is a quality drive.&n...
POSTED MON, 1 DEC, 2008
Honda will be targeting the corporate segment when it releases its new Diesel Accord Euro early next year.
POSTED WED, 19 NOV, 2008
Acura, Honda's luxury arm in the US, has officially revealed the upcoming 2009 Acura TL. Mind you, there's only the one image at t...
POSTED FRI, 11 JUL, 2008
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POSTED TUE, 24 JUN, 2008


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CherryPop Games has today revealed that the PlayStation 3 edition of the critically acclaimed Pool Nation is set to launch next week, downloadable via the PlayStation Network. Furthermore, those gamers who bite early on will benefit from an introductory price promotion.
Pool Nation is a simulation videogame with a difference. While it delivers the expected traditional pool tournament structure it also compliments this with a number of additional gameplay modes. Electronic Theatre delivered an in-depth review Pool Nation alongside it’s Xbox 360 debut last year, stating; “While Pool Nation isn’t about to become the biggest name in videogames, it does enough to secure its position as the best virtual pool videogame of the moment.
Pool Nation will launch on PlayStation 3 on 22nd May 2013, with an introductory price promotion offering the videogame at just £4.99 GBP. Electronic Theatre will keep you updated with all the latest details on Pool Nation and other forthcoming titles from CherryPop Games.


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Asia diamond thirst behind Rio's 800 million dollar spend
Resources giant Rio Tinto Tuesday said it would spend 803 million US dollars speeding up work at an Australian diamond mine to meet galloping demand from China and India's emerging middle class.
The Anglo-Australian miner said it would ramp up work at its underground Argyle diamond project in the resource-rich Kimberley region on the west coast to achieve annual production of nine million tonnes within two years.
"This investment in the Argyle underground underlines our commitment to and confidence in the world diamond industry," said Rio diamonds chief Harry Kenyon-Slaney.
"A significant supply gap is expected to emerge in the medium to long term and the outlook for demand is strong, driven by the growth of emerging markets," Kenyon-Slaney said in a statement.
A Rio spokesman said they were seeing "increasing marketing in China and India, where people are moving into the middle class and increasing consumer spending."
Argyle is the world's largest producer of pink diamonds, accounting for some 90 percent of global supply. It also produces champagne, cognac and white diamond varieties.
Diamonds giant DeBeers invested 922 million dollars in August to expand its Namibian mining operations, noting that demand in China and India was particularly robust in its February annual report.
-- Dow Jones Newswires contributed to this report --
© 2010 AFP


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Australia’s open source industry received a boost this week with the launch of boutique consulting and research firm Waugh Partners.
It did. Some time ago, in fact, since I have a business card to show for it. One collected in person on my last visit to Sydney.
Now it’s got matching headlines, too.


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The Coalition for American Solar Manufacturing (CASM) says the U.S. Department of Commerce (DOC) has asked U.S. Customs and Border Protection (CBP) to undertake enhanced import reviews and potential enforcement of tariff collection on Chinese-manufactured PV modules.
The move, which the CASM describes as an ‘extraordinary measure,’ was undertaken based on federal data suggesting that some manufacturers and importers of Chinese-made solar panels are misreporting and underreporting their imports to evade new tariffs on them.
A DOC analysis of CBP import data revealed that some importers are evading import duties by improperly declaring merchandise to be outside the scope of the duties or by understating its value, the CASM says.
The DOC memo cited by the CASM also states that as a result of the findings, CBP has initiated operations at ‘various ports throughout the country’ that ‘have resulted in the collection of significant additional cash deposits on merchandise subject to the [anti-dumping and countervailing-duty] orders.’
‘For U.S. manufacturing employees, this evasion adds insult to injury,’ says Gordon Brinser, president of SolarWorld Industries America Inc. SolarWorld, the leader of the CASM, filed the initial complaint in 2011 that led to the imposition of the tariffs.
The CASM adds that its ranks now include approximately 240 solar companies.


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Company Introduces QR Codes for Kona Coffee
The Kona Coffee brand has been a point of contention and market confusion for decades.
An organic coffee producer on Hawai‘i Island, Hala Tree Coffee, announced it will employ technology to try and bring some clarity to the issue.
“(Hala Tree Coffee believes) in transparency and want their consumers to know exactly where their beans came from, how they were processed and roasted,” said a company release sent out Monday, Sept. 9, 2019. “In an effort to make Hala Tree Coffee more transparent and give consumers all the information they need to know about the 100% Kona Coffee beans in their cup, they have decided to publish this information on each bag. The twist is they won’t be using printed materials to describe the bean’s journey.”
Instead, the release said, each bag will have a QR Code consumers can scan, which will direct users to a unique webpage dedicated solely to information about the coffee in the purchased bag.
“Consumers will know what date the coffee was roasted, who it was roasted by, what type of coffee bean, what process what used, what type of tree and what altitude the beans were grown at, the date of each step of the process from picking to drying to when the parchment was turned to green, and much more,” the release continued. “Consumers will literally have a detailed outline of where their beans have been, what they have been through and when.”
Every year, Kona farmers lobby for legislation to protect the name. Currently, the words “Kona Coffee” can be featured prominently, and legally, on the packaging of blends featuring only 10% the classic Kona Typica associated with the brand name.
Introduced every session, the legislation has never come close to passing. Bruce Corker, a board member of the Kona Coffee Farmers Association, has accused the state of favoring large blenders on O‘ahu whose bottom lines would suffer should Kona Coffee branding restrictions become more stringent.
“I have significant concerns that the Hawai‘i Department of Agriculture sided with the blenders … and that is unfortunate,” Corker said in April after the most recent iteration of the bill was gutted and then deferred by the Senate Committee on Commerce, Consumer Protection and Health.
“The Department of Agriculture should be supporting farmers, not the processors and the blenders,” he continued.
In early 2019, Corker and two other Kona farmers filed a class-action lawsuit in federal court naming Amazon, Safeway, Walmart, Kroger, ABC Stores and a variety of smaller mainland and Hawai‘i-based companies for diluting the Kona Coffee brand by saturating the market with inferior, falsely-labeled coffee.
The litigation contends that Kona’s 600 to 1,000 coffee farmers produce only 2.7 million pounds of Kona green (green coffee beans) are produced every year, more than 20 million pounds of green labeled as such are sold at market.


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FlexSystem Shanghai Branch 20th Anniversary – Gala Dinner
FlexSystem Shanghai branch recently held its gala dinner on 27 Oct 2017. With our guests gracing the occasion, the company celebrates its achievements over the past decades with business partners, existing and potential customers from Hong Kong and Mainland China.
Mr. Adam Lok, Founder of FlexSystem delivered a speech at the dinner in which he summed up our milestones in the past and shared its future development plans with all the valuable guests.
In future, we will continue to embrace innovation and excellence to strengthen our brand and work towards software development.


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Euro Auctions has scheduled its Dubai auction events for 2020 on the following dates: 9 March, 15 June, 14 September, and 7 December.
Sep 16, 2019
The first closing will increase the total capital that Volocopter has raised to $94 million, and Volocopter anticipates a second closing of the Series C towards the end of 2019.
Sep 11, 2019
The investment will create 3,000 new rapid charge points, more than doubling the number of rapid charge points across the UK by 2024.
Sep 04, 2019
What should buyers be aware of before bidding at auction and trying to buy that tractor, digger or dozer?
Jul 29, 2019
Dubai auctions prove popular with plant and machinery buyers and vendors


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According to data from Kantar BrandZ, 34% of brands are in a vulnerable situation in which their brand value does not support their current price position in the market. The inflation phenomenon is taking its toll on some brands that do not know how to pass on these changes to their consumers and as a result this is producing a change in consumption behaviour.
Jaime Lobera, Partner and Strategy Director at APPLE TREE, has reflected in Expansión on what is the best communication strategy to adopt during a period marked by inflation and rising product prices and how these increases can affect the brand image. “In a scenario of inflation, it is the responsibility of the leading brand to set the new price level in its category”, reminds Lobera.
On the other hand, communication and knowing how to convey messages in an appropriate way to your consumers is becoming – today more than ever – a necessity, recalls the Strategy Director of APPLE TREE: “A key aspect during the implementation of a price increase, is communication: Reinforce the brand’s value proposition, invest more in communication and advertising and explain the reasons for the new prices -especially if they are large increases-, invest in measures that reward consumer loyalty by offering for example selective discounts to heavy users or stronger buyers of your brand who may be more price sensitive”.


text: We could wax poetic about bacon all day. Just look at our bacon tag to see how much we love the stuff. So don’t be surprised that we’re excited to find out that Philadelphia Cream Cheese has announced the release of a Bacon version of their cheesy spread! It’s stuffed with Oscar Meyer bacon bits It’s only available in a few select stores in the US right now, but will be expanding soon. Apparently it goes really well stuffed into a French Toast.


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Brandfundi was recently shortlisted in the 2022 Global Business Awards and named Best Boutique Marketing and PR Agency in Johannesburg 2022.
Managed by global business magazine Corp Today
, the award’s nominees are handpicked by a dedicated team of in-house researchers and a network of established industry partners. The judging panel takes agency performance over the past 12 months into account, reviewing their commitment to innovation, their methods and even their competition. The winners are selected on merit and recognised as the best in the business.


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Muscat: Omani potato chips have become a big hit on eBay, where they are selling for as much as $100.
Described as “crispy chilli flavour snack family pack,” they are being sold in sets of 10 packets, each weighing 50 grams. According to the eBay site, 41 sets have been sold so far.
In Oman, the popular snack can be bought for 50 baisa per packet.
The seller has only been identified as a “free-omani-bird,” who is based in Oman, appears to have been registered on eBay since 2012. Buyers have been promised free economy international shipping, with a proviso that if the buyer is unhappy, they can return the chilli crispy flavour snack within 14 days and get their money back.


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Union Minister Dr Mahendra Nath Pandey said that auto field’s contribution to GDP can go up to 25-30 per cent and can support making India a USD 5 trillion economy.
Union Minister of Heavy Industries Dr Mahendra Nath Pandey said that since charging is the primary concern for using electric vehicles (EVs), the government has chosen nine expressways where 6,000 charging stations have been sanctioned and about 3,000 shall be installed soon.
The union minister asked the Automotive Research Association of India (ARAI) to develop technology to reduce the charging time for electric vehicles.
He spoke at a press conference yesterday after an industry interaction meet organised by the Ministry of Heavy Industries in association with ARAI, SIAM and ACMA to share information about the production linked incentive (PLI) scheme for the automotive sector.
“The auto field contributes to about 14-15 per cent of GDP, which can go up to 25-30 per cent and can support the PM’s vision for making India a USD 5 trillion economy. The sale of electric vehicles has increased drastically in the last few months due to the various schemes and subsidies provided by the government,” he said.
He further stated that the Advanced Chemical Cell (ACC), which is the main component of the EV battery, is currently imported, and about 30 per cent of the cost of the EV is the cost of the battery itself.
He said that this could be reduced if it is locally produced. He further added that this is possible because about 70 per cent of the material used in the manufacturing of lithium-ion batteries is already available in India.
“With these newly introduced PLI schemes, the government is providing support up to Rs 362 crore per gigawatt in this sector of EVs,” the union minister said.
The Minister said that the production-linked incentive (PLI) scheme for ACC will lead to an investment of Rs 42,500 crore and further accelerate manufacturing components and batteries in India.


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The Public Relations Officer (PRO) of the Ghana Union of Traders’ Association (GUTA), Joseph Paddy has shared that it is quite expensive to run a manufacturing business in Ghana.
According to him, this high cost of doing business makes it unattractive for Ghanaians to operate manufacturing industries and create jobs, but would rather import same goods at lower costs.
Sharing such a case on the May Day edition of the Happy Morning Show with Samuel Eshun aired on e.TV Ghana and Happy FM, he said, “The cost of doing business is not attractive here in Ghana and that is why people rather import these products and goods. I had a friend who was in the manufacturing business and had employed over 80 people but had to shut down his operations in less than a year because he wasn’t even breaking even.
His utility charges were so much and although his products were of good quality, he couldn’t compete with imported ones”.
Comparing imports to local production, Joseph noted that one can travel for long hours to other countries to import these products, pay duties, and still make profit.
“This friend of mine stopped manufacturing and started importing what he was producing initially and made at least 30 percent profit. He sold at a cheaper price than when he was into production”, the GUTA PRO disclosed.
Ghana’s manufacturing drive has seen a steady rise over the past few years with the President’s introduction of the One District One Factory (1D1F) policy.
With the government providing incentives to manufacturing companies, many local and international businesses have joined in Ghana’s industrialisation and job creation drive.
Source: Happy 98.9FM


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This week’s DHL Supply Chain Pricing Power Index: 75 (Carriers)
Last week’s DHL Supply Chain Pricing Power Index: 75 (Carriers)
Three-month DHL Supply Chain Pricing Power Index Outlook: 70 (Carriers)
The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.
The Pricing Power Index is based on the following indicators:
Load volumes: Absolute levels positive for carriers, momentum neutral
In last week’s edition, I noted that the setup for carriers couldn’t be much more favorable. Despite tender volumes having declined nearly 10% since the start of the month, I feel no differently. It seems freight markets are taking a breather after pushing to a YTD high to end the first quarter.
I wouldn’t get used to it. The Reefer Outbound Tender Volume Index (ROTVI) has steadily fallen since its all-time high in early March, when winter weather sent reefer demand surging. But produce season is ramping up, and the combination of warmer weather and vaccines could offset the drag from falling grocery spend overall by consumers as they revert to restaurant spending. Grocery spend peaked in January, and restaurant spending was up more than 10% over 2019 in the latest week of data ending April 3, according to Bank of America.
In addition to reefer, many other catalysts drive freight volumes throughout the second quarter. Consumers continue to drive freight volumes throughout the country, with total card spending up 20% from 2019 last week. Bank of America estimates retail sales excluding autos increased a remarkable 11.1% seasonally adjusted in March.
The ISM Purchasing Managers Index for the manufacturing sector rose to 64.7 in March, the highest reading since December 1983. The National Association of Home Builders/Wells Fargo Housing Market Index has declined since its all-time high in November but remains extremely high at 82.
The economic recovery paired with Americans still being unable to spend on big-ticket services has created a near-perfect backdrop for carriers in Q2. The Port Report, produced by the National Retail Federation and Hackett Associates, is calling for imports to “set records now into the summer” as consumers keep spending on goods.
The most recent stimulus round is providing a massive boost to consumers, who by and large are still stuck at home. Working from home has been a major success for millions of Americans, and people keep spending on at-home upgrades like furniture and online electronics.
Service-based spending categories like airlines, lodging and restaurants all were positively impacted by the stimulus, but the five biggest growth segments were in goods. With the roaring consumer economy, blossoming industrial recovery, white-hot housing market and historically depleted inventories, there’s very little outside of severe inflation that could derail this trucking market. There are too many catalysts for this lull to continue for long.
Tender rejections: Absolute levels positive for carriers, momentum neutral
In the last week of Q1, the Outbound Tender Reject Index (OTRI) jumped back toward its familiar natural ceiling of 30% as shippers rushed to get freight out the doors. After topping out at 28.3% on March 28, the U.S. aggregate OTRI has declined to 25.8%. This is an extremely high level by any measure; carriers are still rejecting more than 1-in-4 electronic tenders at contract rates.
As produce season begins, the reefer capacity environment has rarely been tighter. The Reefer Outbound Tender Reject Index (ROTRI) is also just off an all-time high and currently reads 46%, indicating nearly half of all electronically tendered contract reefer loads are being rejected.
I anticipate higher freight demand in the coming months, and there are no immediately visible signs of capacity relief. The port congestion has prompted retailers to seek alternative routes, which will benefit East Coast ports, but with carriers optimized for LA/Long Beach, it may create lasting volatility. And with vessels arriving from the Suez blockage, bunching on the East Coast will likely cause even more disruptions at ports.
Spot rates will feel some upward pressure, but I don’t foresee rates testing the recent highs again given contract rates continue to be marked up to spot, even if in the form of shorter-term contracts.
Spot rates: Absolute level and momentum positive for carriers
In a continuation of last week’s trend reversal, the national dry van spot rate average from Truckstop.com available in SONAR rose again this week, up 2 cents to $3.18/mile, inclusive of fuel.
Regionally, rates were a mixed bag this week with 47 of the 100 lanes in SONAR positive. However, surges in pricing on particular lanes more than made up for less green markets. Four lanes jumped by double-digit percentages this week, while none fell by the same mark.
Spot rates have a high correlation directionally with OTRI, so the upward pressure this week was expected as carriers were able to squeeze in a few extra dollars on end-of-quarter runs (data ends April 4).
Contract rates are quickly ticking up toward spot rates. Spot rates will remain elevated if the current environment of high demand and relatively scarce capacity remains. Catalysts including new truck orders and the ending of social distancing measures will add capacity, but the questions linger: when and how much. For now, carrier networks remain strained with this level of demand, and I anticipate demand will increase from here when the produce season begins in earnest and more regional economies reopen.
Economic stats: Momentum and absolute level neutral
Several economic releases this week are worth noting.
Weekly jobless claims were released Thursday and give us one of the best close-to-real-time indicators of the overall economy. While those were disappointing, the jobs report for March blew away expectations and is more important.
Jobless claims came in above consensus estimates this week, a break from the recent momentum. Jobless claims were 744,000, which came in above the consensus of 694,000, and an increase from 728,000 last week. There was good news in the form of continuing claims (a rough proxy for unemployment), which were down 16,000 this week to 3.73 million, marking a new low in the COVID era.
The latest unemployment report from March was very encouraging and blew away expectations (the U.S. economy added 916,000 jobs in March) and suggests the economic recovery is gaining steam from an employment perspective. Meanwhile, the unemployment rate declined to 6%.
Initial jobless claims (weekly in 2020-21)
Source: CNBC, U.S. Department of Labor
Turning to consumer spending as measured by Bank of America weekly card (both debit and credit) spending data, total card spending in the latest week available increased by a whopping 67% year-over-year and 20% compared to 2019 (i.e., on a two-year basis). The picture is slightly less optimistic in retail spending excluding auto, which was up 61% year-over-year last week.
As we usually note, there has been an ongoing beneficial mix shift from cash to debit that is somewhat inflating these numbers. One can typically tell this is the case because debit card spending has been far outpacing credit card spending for the past year. Not so this week, however, as credit card spending increased 68% year-over-year, while debit card spending was up 66% year-over-year. Debit spending is still outpacing credit on a two-year basis materially. After consistently running deeply negative for months and being down precipitously since April 2020, credit card spending is clearly booming again.
The main takeaways this week are that, excluding auto, total card spending in retail was up 11.1% month-over-month seasonally adjusted in March, which is an enormous number. Also, total card spending by stimulus recipients is still outpacing that of nonrecipients, running up this week by 33% on a two-year basis compared to 14% for nonrecipients. The latter is still an incredibly robust figure. Finally, there has been a noticeable increase in restaurant spending (which rose by 13% on a two-year basis last week), and millennials are spending stimulus at a rate faster than all other generations.
We have been noting that we are expecting a near-complete reversal and decisive change in terms of the winning and losing categories from a year-over-year growth perspective once a large number of Americans are vaccinated. However, at this point, the COVID winners and stay-at-home beneficiaries still haven’t dropped off much because overall spending is so strong, but previously weak categories are surging.
Card spending by American consumers has a strong correlation with truckload volumes, so we will continue to monitor this data closely going forward.
Source: Bank of America Securities
Transportation stock indices: Absolute levels and momentum positive for carriers
It was another solid week overall for our transportation indexes. LTL was the best performer at 4.8%, while truckload was the worst performer at 0.4%.
For more information on the FreightWaves Freight Intel Group, please contact Kevin Hill at email@example.com, Seth Holm at firstname.lastname@example.org or Andrew Cox at email@example.com.
Check out the newest episodes of our podcast, Great Quarter, Guys, here.


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Mt. Gox Creditors Inch Closer to Repayment as Bitcoin Dump Looms
Creditors of the defunct cryptocurrency exchange Mt. Gox are closer to getting repaid, according to a July 6 letter by the business’s Japanese bankruptcy trustee.
The trustee is asking creditors to register online and indicate how they want to receive their repayments. When payments will be made, and specific amounts were not outlined in the letter.


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The price of pasties and sausage rolls could be hiked for the second time this year as Greggs says it faces continued increasing costs.
The bakery chain has warned the cost of its products are likely go up having already upped some of its prices at the start of the year.
Higher staffing and ingredient costs look set to push the cost of doing business up by between 6% and 7%.
The firm said it will do its best to protect its reputation for "outstanding value for money", adding: "This has necessitated some price increases, which were made at the start of this year, and further changes are expected to be necessary.
"As ever, we will work to mitigate the impact of this on customers, protecting Greggs' reputation for exceptional value in the freshly-prepared food-to-go market.
"Given this dynamic, we do not currently expect material profit progression in the year ahead."
However, boss Roger Whiteside said the company will have to assess whether it is able to change prices before it does.
It comes down to ensuring that customers will still choose to spend money at Greggs even if prices go up.
"We've got no plans to raise prices currently, but obviously that's going to have to remain under review given the way the markets are moving around the world on commodity food prices in particular," Mr Whiteside added.
"If the market allows price increases to move onto customers, then we will have to attempt to do that, if it doesn't then we won't be able to.
"You're trying to position price to make sure you maximise sales."
Greggs in numbers
Mr Whiteside said the business needs to establish a reputation of being open late before it can realise the full benefits of keeping its doors open until 8pm, rather than the usual 6pm.
Ross Hindle, an analyst at Third Bridge, said: "Overall, the UK food-to-go market remains depressed, with commuter footfall stubbornly below pre-Covid levels.
"Despite difficult trading conditions, Greggs has been able to punch above its weight thanks to a recipe of competitive pricing, clever location strategy, and their JustEat delivery partnership.
"In 2021 Greggs drove revenue growth through store expansions, opening some 131 new shops.
"More shops may have meant more sausage roll sales, but a lack of like-for-like growth is now a concern."
Staff will also be able to expect a bonus as Greggs shares 10% of its profits with employees.
For staff who have been with the business for over six years and work 20 hours a week, the bonus will work out at around £800, Mr Whiteside said.
He added that the business has no direct exposure to the war in Ukraine but that it will be impacted by global price rises which are expected from the Russian invasion.
Russia and Ukraine supply around a third of the world's wheat exports, and Ukraine is also a major supplier of sunflower oil.


text: Local teen Oceans Hero James Hemphill is working hard to ban the plastic bag in Virginia Beach! His introduction to the petition reads as follows, “Each year Americans use more than 100 billion plastic grocery bags, consuming an estimated 12 million barrels of oil (Query, 2007). However, this solution for shopping has many unintended consequences that must be addressed. According to Query (2007), “After a very short working life, these bags retire to landfills where they take 500 or more years to break down, or become litter that clogs storm drains and threatens marine wildlife.” Disposable plastic bags also toxify the soil and clogged sewers can lead to flooding during large storms. (China, 2008). Virginia Beach’s coastal location makes it important to ban bags to prevent flooding from clogged sewers during hurricanes, save coastal wildlife that feed and breed in the area, conserve soil by reducing toxins from bags, and reduce litter. Plastic bags should be banned in Virginia Beach to promote economic and environmental sustainability.” To sign the petition and read his research please visit: http://www.change.org/petitions/ban-the-bag-3#!!!


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Microsoft's (MSFT) fiscal first-quarter earnings jumped 51% as the world's largest software maker boosted sales of its Office 2010 product and grabbed share in the videogame-console market. Shares rose in after-hours trading after earnings and revenue both beat analyst estimates.
Net income for the quarter ended Sept. 30 was $5.41 billion, or 62 cents a share, up from $3.57 billion, or 40 cents, a year earlier, Microsoft said in a statement Thursday. Revenue rose 25% to $16.2 billion. Microsoft was expected to earn 55 cents a share on $15.9 billion in sales, according to a Thomson Reuters poll of analysts.
Office on the Upswing
Microsoft saw sales accelerate for Office 2010 during the productivity suite's first full quarter of sales, and boosted sales of its Xbox videogame console from a year earlier by 38%, the company said Thursday. Overall, sales from Microsoft's entertainment-devices division surged 27% from a year earlier after the company sold 2.8 million Xbox consoles.
"Consumers continue to show their strong preference for Windows 7 and Office 2010," Microsoft CFO Peter Klein said on a confernce call with analysts Thursday afternoon. "We're pleased with the results we delivered this quarter."
Sales growth from Microsoft's Windows operating system, which the company regards as a primary profit driver, was more restrained. Revenue from sales of Windows products to computer makers increased 11% from a year earlier, which was consistent with personal computer unit growth of about 15% for businesses and almost 10% for consumers, Microsoft spokesman Bill Koefoed said on today's call.
Klein added that Windows revenue for the upcoming quarters will grow "roughly in line" with personal computer sales growth, though sales will be helped by the Nov. 8 U.S. launch of Windows Phone 7. Earlier today, CEO Steve Ballmer, speaking at the company's Professional Developers Conference at its Redmond, Wash., headquarters, said its the mobile operating system will boost sales as the mobile operating system is employed a variety of smartphones that will appear later this year.
The company may face an upward battle in this arena, however, especially as Apple's iPad leads a rapidly-growing tablet-computer market that is expected to double in sales during each of the next few years. In its September mobile OS report, Gartner said it expects Microsoft's worldwide market share to rise to 5.2% next year, from 4.7% at the close of this year. But by 2014, Gartner expects Microsoft's share to fall to 3.9%. Gartner projects that the overall pie will get bigger, but Microsoft will not be able to hold onto its slice.
More specifically, Microsoft's smartphone operating-system share has been pummeled by Google's (GOOG) Android, with Microsoft's share falling to 5% in the second quarter compared with 9.3% a year earlier, according to Gartner.
The company downplayed the effect of tablet-computer growth on operating-system demand.
"We have not seen a material shift away from low-end PCs," Koefoed said on the call.
Last week, Microsoft said Ray Ozzie, who took over the chief software architect post at the world's largest software company from company founder Bill Gates in 2006, would step down after five years with the company. The same day, Apple (AAPL) said earnings surged 70%, largely on sales of its iPhones and iPad tablet computers.
Microsoft shares advanced 3.4% to $27.17 at about 6:40 p.m. Eastern time after rising 0.9% in regular trading Thursday.


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Diehard shoppers invade stores on thanksgiving holiday holiday Central Florida die hard deal seekers cut short thanksgiving holiday holiday Day gatherings to begin their Christmas shopping earlier than ever as stores began their Black Friday sales in the early evening.
Spray hole. First in line was Phillip Parris of orlando, florida, The southwest, Who had slept not in their grocer for two nights. He is inflicted with muscular black friday magazine dystrophy and uses a motorized wheel chair, So the sleepover that is a Black Friday ritual for many was a bit harder for him. Kids and nurses tended to him inside long wait. It was frugal living, Brought up Parris, Who had his eyes on microsof company Surface medicine selling for $200. "It's like treking, But at the end of the day you are able to go home tough good toys, He was quoted revealing. On grilling with outdoor cooking with smokey barbecue grilling Friday. womens clothes black friday But with sellers aiming to outdo one another to snatch up scarce consumer dollars, Sites have opened before and faster. Thanksgiving holiday holiday Day last year. At best possible coupe, Dozens of employees gathered at the cab end door prior to a store opened and applauded as early shoppers made their way inside. But some weren't so focused on thanksgiving holiday night bargain hunting. "I never know it envy here, Claimed Jennifer Davis of Longwood, In line to create a free the deals black friday upgrade for her teenager little girl's phone. "I be home, That is definitely correct, Many shoppers may be growing weary of the store openings that have taken a bigger bite out of thanksgiving holiday holiday. Full, The country's Retail Federation says 5 percent fewer people plan to shop during the entire weekend. The retail group expects 140 million potential clients, Weighed against 147 million yr after. Stores are being peculiarly aggressive this year because the Christmas season is predicted to be a tough one. Rewards the marketer, There are six fewer days this year between thanksgiving holiday and xmas. And the economy is still recouping too best online black friday deals 2015 slowly for many. Stores such as Walmart and Kohl's that cater to middle and lower income shoppers had discouraging earnings in their last quarter. Many people hate the trend of starting the shopping blitz on thanksgiving holiday holiday Day which has been dubbed Gray Thursday. Online petitions have published begging stores to stop. Jessica Lugo, Retail at Best Buy in Altamonte on tuesday, Favored that"Stores opening early takes a modest amount of family time, Nevertheless Lugo, 35, Of Orlando couldn't pass up the deals on items doubtless a Wii U. After most prevalent score, She planned to visit some other stores, Some options include Walmart, Motivation and Macy's. "You just aren't going to enjoy the morning at all, Had to share with you Stafford, 28. Within frenzy at biggest score, Nurse Jennifer Harding fetched almost all electronics on Parris' list. His brother and sister in law also offered to the shopping.
Parris loves being out all the best crowds. Harding said it is not always easy for him to move, However"We realize achieving victory for him. You this is his day.
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LANSING, Mich. — Don Pancho is currently open for business despite the car that went through the side of their building this weekend.
Don Pancho Market car crash Store owners say they remain open for their customers as long as they can.
"We're here for them they depend on us being open for their groceries," Denise Cervantes, daughter said,
They say they've made adjustments to the way they do business to accommodate their current situation. This meant shutting down their kitchen and hot food sells so that they could remain open to sell fresh meats and other grocery items.
The crash hit a gas line on the side of the store, causing the entire building to go without. This also affected their heat and water temperatures but they're currently using the water from a business nearby.
While it may be a little colder than usually customers are just happy the business is open during this time. "It's also for the neighborhood who can't go elsewhere to get authentic Mexican products and items that they need," says life-long customer Michael Gonzalez
Store owners will know the extent of the damage done by tomorrow and will be able to update their customers about rather or not they will remain open.
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New wall for Donald Trump in India & it’s causing controversy.
The ghost ship it has washed up in Ireland after an 18 month mystery.
Coronavirus side effects not least the economic impact of the epidemic.
A French warning some posturing ahead of post Brexit trade talks.
Tributes to a footballing hero Munich air crash survivor Harry Gregg RIP.
British TV Presenter’s suicide concerns at the death of Caroline Flack.
The Tesla car factory controversy, protests & a German court decision.
Curbs on the US President the senate votes to avert any instant war with Iran.
A Mayor on the Sofa a wannabe mayor of London goes sofa surfing.
The Commonwealth problem it’s all about questionable business deals.
Australia’s Wildfire Wildlife animal problems after the terrible bushfires.
A New problem in the Amazon parts of the rainforest are emitting CO2.
Spain’s smoking rule workers can be docked wages for smoking.
7 Russian anarchists controversially they’ve been found guilty of terrorism.
Bridge across the Irish Sea it is suddenly on Boris Johnson’s wish list.
The Spreading Coronavirus reaching far flung parts of the world.
Dramatic Storm & it has raged across half a dozen European countries.
The drug lord’s hitman an assassin for Pablo Escobar has died in Colombia.
Illegal boat people 8 boats have been intercepted in the English hannel.


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April 24, 2022 | 13:39
Hanoi – Prime Minister Pham Minh Chinh on April 23 attended and proposed three groups of measures to enhance international cooperation at the fourth Asia-Pacific Water Summit.
April 22, 2022 | 20:58
The Thai government has vowed to move forward with its e-commerce development plan, aiming to increase domestic e-commerce revenue to more than 7.1 trillion baht (209 billion USD) by 2027, average growth of 10 percent annually, local media reported.
April 22, 2022 | 09:29
Ambassador Nguyen Hai Bang, Permanent Representative of Vietnam to ASEAN, on April 18 attended the first meeting of the ASEAN Connectivity Coordinating Committee (ACCC) this year at the ASEAN Headquarters in Jakarta, Indonesia.
April 21, 2022 | 09:30
About half the population of Thailand has now acquired immunity against COVID-19 but this remains well short of the government's 80 percent target, according to the country’s Department of Disease Control (DoDC).
April 21, 2022 | 09:27
Indonesia's trade balance with Russia and Ukraine was in deficit due to the ongoing war, head of the Statistics Indonesia (BPS) Margo Yuwono has stated.
April 20, 2022 | 20:31
Singapore’s renewable energy developer Quantum Power Asia Pte has agreed to advance a 5 billion USD plan in Indonesia to export solar power to Singapore, which attempts to accelerate its use of renewables.
April 19, 2022 | 16:36
China reported seven more deaths from Covid-19 in Shanghai on Tuesday, after hundreds of thousands of cases in the metropolis during a weeks-long lockdown.
April 19, 2022 | 11:35
A consortium from the Republic of Korea (RoK) led by LG has signed an initial agreement with Indonesia's state-run companies to push for a project worth around 9 billion USD to establish an electric vehicle battery supply chain in the Southeast Asian country, a LG unit said on April 18.
April 19, 2022 | 11:32
Cambodia, as the Chair of the Association of Southeast Asian Nations (ASEAN) in 2022, announced that the bloc and the US are set to convene a special summit to celebrate the 45th anniversary of their dialogue relations in Washington D.C., on May 12 and 13.
April 16, 2022 | 12:20
Indonesia will set aside between 27 trillion rupiah and 30 trillion rupiah (1.88-2 billion USD) next year for the development of the country's new capital city, Finance Minister Sri Mulyani Indrawati said.


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To be called Bagrry’s On the Go, these stores will serve food and beverages such as oats-based sandwiches, burgers and bagels, muesli and wheat bran-based desserts and multigrain meals for lunch and dinner, Aditya Bagri, son of founder Shyam Bagri who is spearheading the retail business, told ET. The Rs 77 crore Bagrry’s, one of the biggest suppliers of wheat for Nestle India’s Maggi noodles, is tying up with third-party kitchens to source cooked food made with its own ingredients.
“The entire focus will be on healthy foods and every food or beverage we serve will have our own ingredients,” Bagri said. The sandwiches, pastas, bagels and wraps will be made with multigrain options, with whole wheat and added bran or oats to enhance fibre and nutrition value.
“The QSR format allows for faster profitability as these have comparatively lower overhead costs compared to fine dining. Smaller spaces means lesser rentals and limited staff requirements,” said Pradeep Sehgal, founder of hospitality and financial consulting firm Single Window Consultants.
The country’s quick service or fast food industry is forecast to grow to $4.6 billion by 2020, more than doubling from two years ago, according to a report by researcher Technopak Advisors Pvt.
Bagri said funds for the food retail venture are being raised internally and as the model evolves, the company could look at a larger footprint. To start with, Bagrry’s On the Go outlets will be restricted to the northern region of the country and the first store is scheduled to open early next month in the capital.
“The consumer trend of well-being moving towards the QSR space will accelerate with brands venturing to healthier options,” said Rahul Singh, secretary of the National Restaurant Association of India.
Bagrry’s share in breakfast cereals is over 17% in a market estimated at over Rs 800 crore, according to researcher Euromonitor. The category is expected to grow at a compounded annual rate of 13%.


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A shopping center that once emptied out following the departure of Bigg’s in 2010 is showing greater signs of resurgence.
Located on the corner of Union Centre Boulevard and Ohio 747, Union Centre Pavilion is getting ready to welcome West Chester Antique Center at 4924 Union Centre Pavilion Drive in the nearly 70,000-square-foot storefront that once housed the grocery chain.
The store is gearing up open and feature 250 booths, 300 locked showcases and 50 display towers, according to Alex Wang, managing partner of ownership group Mega Antiques LLC.
Wang said Mega Antiques chose to sign a five-year lease with extendable options because of the shopping center’s location.
“West Chester is a very wealthy area and they have a high average income and there’s no antique mall here,” he said. “So I think if we put an antique center here it will be a good fit for this area.”
He said a similar shopping center in Washington Twp. — Washington Park Plaza — had many vacant storefronts until 64,000-square-foot Antiques Village opened in 2013 and those empty spaces filled “very quickly.”
“I think this is a good fit for a high-vacancy property,” Wang said. “The facility is a great facility.”
In the past year, the shopping center has welcomed a host of new tenants, including Beer:30 Bar & Grille, Dai Trang Bistro, F45 Training, Global Vapors, Tandoor Cuisine of India and the Butler County Clerk of Courts’ Title Office.
Mike’s Carwash bought an existing car wash in the corner outlot of Union Centre Pavilion and is revamping it for a late November opening, according to Meghan Hollabaugh, marketing assistant for Mike’s Carwash, a family-owned company founded in 1948.
The new location will be the company’s 17th location and its ninth in the Greater Cincinnati area. It follows the company’s acquisition of a Glenway Avenue car wash on Cincinnati’s West Side from the same owner, Hollabaugh said.
“We’ve been looking at expansion plans in Cincinnati and trying to fill in some of our gaps here in the city,” she said. “This (West Chester location) just allowed us the opportunity to do that.”
At 120,000-square-feet, Union Centre Pavilion is classified as a neighborhood shopping center, complexes that typically have between five to 20 stores in their 30,000 to 125,000 square feet, making them larger than strip/convenience centers but smaller than malls and lifestyle centers, according to International Council of Shopping Centers classifications.
Cloud 9 Vapor Lounge, a 900-square-foot e-cigarette retail shop that opened in March 2014, was scheduled to open its new 4,800-square-foot storefront two doors down on Friday, according to Eric Anderson, who helps manage the store.
Anderson said Union Centre Pavilion “is definitely on the rebound,” something he credits to current management of the center being “second to none” when it comes to helping existing businesses.
“When we first moved into our 900-square-foot location … there wasn’t hardly anything in this plaza,” he said. “Everything else seemed to be on this dying rotation.”
Steady growth over the past year has led to only a handful of retail spaces being available, Anderson said.
“The big one was the antique center,” he said. “Everyone was wondering what that was going to be. Once (the antique center) gets up and underway, it’s going to breathe even more life back into this (shopping center).”
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Harmonic has announced it is to acquire Scopus Video Networks in a deal worth $51 million. The agreement will further extend Harmonic’s influence into video broadcast, contribution and distribution markets. It also represents Harmonic’s diversification strategy that previously saw the acquisition of Rhozet and its carbon coder video transcoding technology.
The Scopus transaction is expected to close towards the end of the first quarter of 2009, though will need regulatory approval and shareholder agreement. Already Harmonic has received voting agreements that represent 50% of Scopus’ outstanding shares.
Harmonic has acknowledged there will be savings from the bringing together of the two companies that have been estimated at between $8 and $10 million.
Patrick Harshman, President and Chief Executive Officer of Harmonic said the acquisition also brought opportunities for expanded research and development. “Like Harmonic, Scopus has strong gross margins and a proven track record of innovation and growth. By combining our two companies, we see significant opportunities for product, sales and cost synergies,” he said.
“Harmonic brings its powerful customer relationships, brand reputation, technology leadership and financial resources. Scopus brings its highly skilled employees, proven distribution channels, strong customer relationships and sales momentum in emerging international markets,” added Yaron Simler, Chief Executive Officer of Scopus.
In the first nine months of 2008, Scopus reported revenues of $55.4 million, an increase of 35% on 2007. Around 79% of revenues came from outside the United States.


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HELENA, Mont. (AP) — An online pharmacy that bills itself as Canada’s largest is expected to be fined $34 million Friday for importing counterfeit cancer drugs and other unapproved pharmaceuticals into the United States, a sentence that one advocacy group called too light for such a heinous crime.
Canada Drugs has filled millions of prescriptions by offering itself as a safe alternative for patients to save money on expensive drugs, and its founder, Kristian Thorkelson, has been hailed as an industry pioneer for starting the company in 2001.
But U.S. prosecutors say Canada Drugs’ business model is based entirely on illegally importing unapproved and misbranded drugs not just from Canada, but from all over the world. The company has made at least $78 million through illegal imports, including two that were counterfeit versions of the cancer drugs Avastin and Altuzan that had no active ingredient, prosecutors said.
After more than two years of struggling to get the international company to appear in U.S. court to face the felony charges, Canada Drugs and Thorkelson, struck a plea deal with prosecutors late last year.
On Friday, a judge in Missoula, Montana, will decide whether to approve federal prosecutors’ recommended sentences that include $29 million forfeited, $5 million in fines and five years’ probation for Canada Drugs. The recommendation for Thorkelson is six months’ house arrest, five years’ probation and a $250,000 fine.
Canada Drugs also will permanently cease the sale of all unapproved, misbranded and counterfeit drugs and will surrender all of the domain names for the myriad websites it used to sell the drugs, under the deal.
U.S. District Judge Dana Christensen has the final say in the sentences, and an advocacy group is urging the judge to impose harsher penalties to deter future crimes.
“Counterfeiting oncology medications is a nearly untraceable and heinous health care crime,” Shabbir Imber Safdar, executive director of the Partnership for Safe Medicines, wrote in a letter to the judge. “You put saline in a bottle, and when the cancer patient takes it, there is no evidence in the patient of the crime.”
Safdar said Thorkelson should receive prison time and that Thorkelson’s and Canada Drugs’ pharmacy licenses should be surrendered. The group also wants Canada Drugs to give up all of it internet domain names, including ones not named in the plea deal, to prevent the company from continuing to sell misbranded and counterfeit medicine.
“We feel that being a part of a scheme to sell Americans fake cancer drugs while you profit from it should be sufficient grounds for a long-term revocation of a pharmacist’s license,” Safdar wrote.
Neither Safdar nor two of Canada Drugs’ and Thorkelson’s attorneys returned messages seeking comment Thursday.
Federal prosecutors wrote in court documents that the recommended sentence is appropriate.
“The United States believes that the above-referenced sentence in an appropriate one reflecting the seriousness of Thorkelson’s conduct, the need for just punishment and adequate deterrence to future criminal conduct,” Assistant U.S. Attorney Chad Spraker and Special Assistant U.S. Attorney Paul Joseph wrote.
The case is being handled in the U.S. state of Montana, where Canada Drugs bought another company for its drug inventory and customer list when it was expanding in 2009. Canada Drugs continued to deposit money into that company’s Montana bank account from doctors’ purchase of the illegally imported drugs before the proceeds were shipped to offshore accounts in the Caribbean, prosecutors said.
The company and two overseas subsidiaries agreed to plead guilty to introducing misbranded drugs into interstate commerce, and the subsidiaries also agreed to plead guilty to selling counterfeit drugs.
Thorkelson agreed to plead guilty to knowing about and concealing a felony crime.
By MATT VOLZ
© Copyright 2018 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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Hatteras Yachts’ 70 Motor Yacht has made Robb Report’s “Best of the Best” awards list for 2016 in the “Wings & Water, Yachts Up to 100 Feet” category appearing in the magazine’s June 2016 issue.
“When Robb Report reviewed the new Hatteras 70 Motor Yacht in April, it called the boat ‘sexy’ recognizing how we successfully transformed and elevated the look of our motor yacht series. Now, the magazine has named the 70 Motor Yacht one of the Best of the Best,” said Hatteras/CABO Yachts President & CEO John Ward. “We are honored, and truly appreciate all the support that this authoritative publication has given to Hatteras.”
The Hatteras 70 Motor Yacht made its world debut at the Fort Lauderdale International Boat Show in November 2015. The yacht’s forward lounge/dining area on the main deck features a wraparound window built of high-tech glass that lets in the light and creates a new social experience. Additional gathering areas onboard include the main salon, large foredeck sunbathing area, expansive aft deck and spacious flybridge deck. The 70 Motor Yacht’s four-stateroom plan, which includes a full-beam master suite and VIP suite in addition to two guest staterooms, accommodates up to eight guests in elegant surroundings.
“We knew the Hatteras 70 Motor Yacht was among the best of the best yachts in the world,” said Ward. “But it is very gratifying to have a prestigious brand like Robb Report acknowledge it in its iconic annual awards issue.”


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Dai Davis, a solicitor and a chartered engineer who works as a technology law expert, talks to Adam Bernstein and outlines the threats posed by the smart home that few really understand
The internet has revolutionised the way that we shop, discover and communicate. It’s opened up new applications and uses for new and existing technologies. However, on its darker side, it’s just another avenue through which the unscrupulous can exploit and abuse others.
In the beginning, there was what they call Web 1.0, which was just a collection of self-contained websites with no interactivity. Next came Web 2.0, where social media sites and blogs allowed the many to communicate to the masses. The Internet of Things (IoT), where every device is capable of connecting directly or indirectly to the internet, is undoubtedly Web 3.0.
Devices presently range from larger items, such as fridges, to coffee machines and light bulbs. But in the future, IoT could encompass countless everyday items, including cutlery, crockery and clothing. Indeed, according to research company Gartner, there could be 8.4 billion IoT devices in use globally by the end of 2017, rising to 20.4bn by 2020. With even products such as connected cars becoming a part of the IoT, users are at risk.
Tech law expert Dai Davis sees the technology as beneficial, but riddled with vulnerabilities. “Take internet-connected baby monitors, which allow parents to view their child from a smartphone, as well as a remote monitor. Since 2013, a number have been found to be insecure. The trouble is that all the devices were shipped with the same default password. Naturally, many people never reconfigured them to a different password, which allowed third parties to access their monitors.” He points to a very long list of other insecure devices that include a baby heart monitor, home security cameras, a wi-fi kettle, and a smart door lock. These, and many more, can be viewed here.
Cost of production and sale is an issue in ever-more competitive markets, which is why Mr Davis says that major companies that should know better are still trying cut costs by not individually configuring devices and relying instead on the purchaser to do so. “An example is the British Gas Hive system,” he says. “In August 2015, it was shown to transmit unencrypted data regarding the times at which customers had their heating on. Are they really expecting customers, such as the elderly and infirm, to configure the security, let alone the average purchaser?”
And even having successfully configured your device, are those devices inherently secure? The answer according to Mr Davis, is that they are not. He points out: “A recent study by the Weizmann Institute of Science in Israel showed that Philips smart light bulbs, even though they employed standard cryptographic techniques, could be hacked into and their settings overridden.”
And what of smart meters, which the Government is trying to promote to us on the back of a European Union decree to do so? Mr Davis notes that the first batch of some 1.5 million installed meters do not allow interoperability. And surely that’s the only part that customers theoretically benefit from, in that more detailed gas or electricity usage should theoretically lead to a more competitive environment and therefore cheaper prices. He adds that these aren’t secure either – on multiple levels.
“Smart meters,” he says, “generally work by transmitting data not directly to ‘head office’, but first to a nearby hub, which will be another smart meter in a neighbour’s house.” That data, if hacked, will reveal data not from one, but several properties. Mr Davis says that so far, the Government has spent over £100,000 defending a Freedom of Information request made in 2012 to publish an audit of the technology. He adds: “The case is now set to go to the Court of Appeal, with the Government using the standard tactic of trying to outspend the applicant – in this case a retired electricity consultant. Meanwhile, the number of security consultants reporting that smart meters are insecure is increasing.”
The problem also goes beyond simple security. Mr Davis looks to a study by the Dutch University of Twente in Enschede, which found that many smart meters just aren’t accurate – one was capable of overcharging a customer by 500 per cent. “And another study (Germany, 2012) found that if you had enough data, you could even determine, in some circumstances, what television show a viewer was watching.” Interestingly, data from smart meters has been used in one case in the United States as evidence of marital infidelity.
Mr Davis is worried that “the Government blithely assumes that everyone will just ‘trust’ that whoever holds the data will look after it, that no one other than academics will ever hack into smart meters, and therefore users have nothing to worry about”.
What can you do?
So, what can you do about the lack of security? Mr Davis says the answer is very little and this may be one reason why Barclays bank recently (May 21) ran an advertorial in the Sunday Times warning readers of the security dangers of the IoT. He says the bank’s interest wasn’t entirely altruistic or educational – if the bank can persuade more people to take home security more seriously, it will lower its exposure to risk. The bank did offer some advice. One tip was to continually update all connected devices with any patches made available by the manufacturer.
Mr Davis, however, sees multiple issues with this approach. “Take mobile phones,” he says. “First, it is up to the manufacturer to produce those patches. That is only going to happen most of the time if, as in the case of Philips’s light bulbs, a third party publicises the insecurity. Consider Taiwanese manufacturer HTC. It was so bad at making patches available for its devices that the United States government levied a fine on it.”
Mr Davis also raises the question of how many people actually bother to download and apply patches. “Statistics show that fewer than 10 per cent of users have the most up-to-date operating system installed on their mobile phones. Surely manufacturers cannot seriously expect users to regularly download and update the operating system on their coffee maker?”
There is another serious underlying problem with the IoT, adds Mr Davis. He believes that if you build a device now, you can only make it impregnable with the best technology available today. Even so, most manufacturers don’t do that and indeed cannot reasonably be expected to do so. It is too expensive and, in any event, provides only what Mr Davis calls ‘static security’, because it can’t be updated in the future. He comments that what is considered good information technology security today, will not be considered so in five years’ time.
The best alternative is, in Mr Davis’s opinion, to allow the device to be updated, whether automatically or by the user. However, he says that this is not ideal either, because “in either case, by definition, you are allowing a back door into the device that sooner or later someone will discover and abuse”.
The worst case for any product, concludes Mr Davis, is that others will discover security flaws in new products and publicise them. Nastier still, they could sell them on the dark web, so that other less scrupulous individuals will find a way to make money out of those flaws and you won’t know what’s going on until someone turns out your lights.


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Share tips of the week
MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
Three to buy
This audio specialist has been enjoying a lockdown boom. A world leader in the hardware and software used to record, mix and edit sound, Focusrite used to sell mainly to the music industry. Yet emerging demand from podcasting, game streaming and online education means that there is more opportunity than ever in this sector. The group enjoys large gross margins, particularly in its software operations. A price/earnings ratio of 26 is justified by auspicious long-term growth prospects. 687p
The Mail on Sunday
Founded in 1993, Caretech today runs more than 500 social-care facilities, looking after children and young adults with complex conditions ranging from autism to anorexia. Staff-to-patient ratios are high and many employees have been with the business for years; indeed, a large number own the shares. Activity remained resilient despite the disruption of lockdown and the company last month hiked the interim dividend by 7%. The payout has risen every year since 2007. With a 5% market share, the business also has room to grow. 427p
The Sunday Times
Sales at the owner of Premier Inn and Beefeater plunged by 99% during the first seven weeks of lockdown, prompting a £1bn rights issue. The funds have provided crucial balance-sheet ballast, yet the money will also be used for “future growth and investment”. The travails of rival Travelodge suggest that there will be plenty of chances to poach assets in the coming months, while there is scope for Whitbread to grow its market share. 2,290p
Three to sell
Motley Fool UK
Sales at this online fashion retailer surged by 45% in the three months to June as locked-down Britons resorted to online retail therapy. Yet the shares “fell off a cliff” this month after allegations about the exploitation of workers at a supplier’s factories. Companies have ridden out such scandals before, but redemption is trickier in the age of environmental, social and governance (ESG) investing: Standard Life Aberdeen has decided to dump the shares. Stay “well clear”. 256p
Freed from the yoke of the public sector, investors who bought into Royal Mail’s 2013 flotation at 330p hoped that it would prove a growth story. That has not happened, with the shares falling more than 40% since. The group remains exposed to the contracting letter market and has been slow to expand its parcel operation. Staff account for almost 60% of the firm’s £10.6bn costs, but management’s efficiency drives have drawn fierce resistance from unions. On a price/book value of 0.4 the shares are certainly cheap, but we spy a “value trap”. Sell. 184p
Investors are keen to buy early into “truckdom’s equivalent of Tesla”. The trouble is working out which firm that is. This Arizona-based business is betting that hydrogen fuel-cells offer the way towards a future of zero-emission hauliers. The first trucks won’t be ready until 2023, and without any sales or earnings it is difficult to value the shares. Despite recent falls the shares do not appear to offer much “margin of safety” at the current price. $38
...and the rest
The Daily Telegraph
Surging demand for home deliveries has given Tesco a key advantage over the German discounters, which lack its “online scale”. Add in an improving image among budget-conscious customers and the shares are a buy (221p).
These are tough times for housebuilders, but the pullback at Redrow looks overdone. Trading on a 12% discount to book value the shares offer value (460p). Sage is the biggest technology company on the London market. Highly cash-generative and with return on capital employed hitting an impressive 20.5% in the first half, this looks a long-term winner (712p). Speciality chemicals supplier Elementis is exposed to adverse developments in energy and vehicle end markets.
The Mail on Sunday
Shares in drug firm Synairgen have shot up from 6p to more than £2 this year, thanks to interest in its SNGOO1 drug as a possible treatment for coronavirus after promising trials. Given the development risks it could be time to take profits on at least some of the shares (204p).
The global microchip industry is in “rude health”, so keep buying Dutch semiconductor parts supplier ASML (€343). A dividend increase at Begbies Traynor confirms the insolvency firm’s role as a portfolio hedge for tough times. Keep buying (99p).
Robinsons squash owner Britvic has not escaped a Covid-19 sales hit, but the shares should rally as the recovery takes hold (798p). Property investor and developer St. Modwen Properties stands to gain from renewed demand for warehouses (329p).


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AutoGravity Recognized As Leading Digital Innovator With Grand Prize Win At 2017 F&I Digital Media Awards
IRVINE, Calif., Sept. 14, 2017 /PRNewswire/ — AutoGravity, a FinTech pioneer on a mission to transform car shopping and financing, was named the Grand Prize Winner of the prestigious 2017 F&I Digital Media Awards at the 2017 F&I Showroom Industry Summit. The company was also awarded the “Best Mobile App” award and the “Most Unique and Artistic Content” award for its user-friendly digital media content. The awards ceremony took place in Dallas, Texas on September 13, 2017.
“This was a remarkable win for the AutoGravity team,” said Andy Hinrichs, Founder and CEO of AutoGravity. “We are honored to be recognized by our peers and fellow industry leaders for our work driving the innovation and digitization of the car shopping and financing journey.”
The F&I Digital Media Awards honors companies and individuals driving innovation in the digitization of Automotive Finance and Insurance. Finalists were evaluated by a panel of judges to determine category winners and the overall grand prize.
“The importance of technology in transforming the auto financing experience cannot be understated,” said Hinrichs. “AutoGravity is committed to providing an unmatched digital experience for our users, our lenders and our dealership partners. This award reinforces our momentum towards becoming the industry standard for digital car shopping and financing.”
AutoGravity is revolutionizing the way people buy and finance cars. Harnessing the power of the smartphone, AutoGravity technology provides a new level of transparency, convenience and speed to the car shopping and financing process. AutoGravity partners with the world’s leading banks and financial services companies to give car buyers direct control over their car financing options while connecting them to a nationwide network of trusted car dealerships. Available on iOS, Android and Web, AutoGravity empowers car buyers with up to four binding offers in minutes. Based in Irvine, California, AutoGravity was founded by an international team of digital natives and auto industry veterans. For more information on AutoGravity, please visit www.autogravity.com and follow @AutoGravity on Twitter.


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The security firm Checkmarx has recently released a report where it revealed that Android-powered smartphones have a major security flaw that makes it possible for third-parties to spy on people. The security flaw uses the camera of Android-powered smartphones and it mainly affects Google and Samsung’s smartphones. Fortunately, the two companies have now released a new software update that patches the issues.
Android Camera Bug
The folks at Checkmarx are saying that the bug enabled unauthorized apps to record videos, audio, take pictures and even log GPS information. The only criteria for the bug to function was for users to give the app permission to access the internal storage space so that it could upload all the data to a remote server.
We have to mention that this is not the first time that Android-powered smartphones have had to deal with a similar issue. It all started with Google’s Marshmallow operating system which changed the way that smartphones deal with app permissions. In addition, Marshmallow also started utilizing pop-ups to enable app permissions for the camera and microphone.
Google Fixes the Issue
On the bright side of things, Checkmarx made the report public and Google didn’t waste any time and already released a software fix for the problem. Google has confirmed that all its Android partners can access a new patch that fixes the camera flaw. However, the Android parent didn’t want to publicly confirm what are the exact smartphones that have been affected by the security flaw.
The only thing that we know for certain is that Google Pixel and Samsung Galaxy smartphones are now officially safe against the security flaw. Unfortunately, we don’t know when other OEMs who are using Google’s latest Android operating system are going to receive the new update so that users can feel safe.


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She is only about three years old in the industry, but Alia Bhatt didn't take long to prove her versatility and her acting prowess. No wonder the... ...http://m.hindustantimes.com/bollywood/alia-bhatt-on-working-with-shah-rukh-like-a-dream-come-true/article1-1386494.aspx
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Even as students of the Film and Television Institute of India (FTII) continue their protest against the appointment of Gajendra Chauhan as its... ...http://movies.ndtv.com/bollywood/sudhir-mishra-on-ftii-student-protests-no-left-liberal-crap-1209387?trendingnow
BigBasket Bengaluru-based online grocery store BigBasket raised $50 million (roughly Rs. 325 crores) in a Series C funding round led by Bessemer... ...http://m.gadgets.ndtv.com/internet/news/india-funding-roundup-bigbasket-scripbox-agrostar-massblurb-voxweb-727914
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Termosalud will participate in the SMCME 2023 Mexican Scientific Congress of Aesthetic Medicine and Longevity, which will take place at the Pepsi Center WTC in Mexico City, on the 10th and 11th of March.
This event is the official launch of the new equipment developed by TermoSalud for facial cleansing by hydrodermabrasion (deep2), laser hair removal (Eneka PRO), fat reduction (Zionic) and our latest solution for body, facial and hair treatments (Symmed ELITE Aesthetic).
For the first time Mexican doctors and dermatologists will be able to see first-hand and try our internationally successful equipment.
Contact us at email@example.com to book your appointment with us and request a demo.Discover the most effective technological solutions for your clinic.
100% Spanish-made technology.
Visit us at SMCME Mexico City, Pepsi Center WTC, stand 54/55.
We are waiting for you!


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Publix stores host annual fundraising campaign for Special Olympics North Carolina January 1-12, 2020
Visit participating Publix stores January 1-12, 2020 to support the Special Olympics Torch Icon Campaign. With 45 stores participating throughout North Carolina, this campaign contributes to the mission of Special Olympics North Carolina, which provides year-round sports training and athletic competition in a variety of Olympic-type sports for children and adults with intellectual disabilities. Support from local communities and Publix promotes social inclusion and opportunities for success for Special Olympics North Carolina athletes.
On Saturday, January 4 and Saturday, January 11 from 12 p.m. to 2 p.m., Special Olympics North Carolina athletes will be onsite at Publix locations encouraging donors to purchase Torch Icons.
Find a participating Publix to support local athletes with a simple donation. In purchasing a Torch Icon at the register, customers and associates will receive extensive savings on Procter & Gamble brands like Tide®, Gain®, Bounty®, Charmin®, Gillette®, Venus®, Pampers®, Luvs®, Olay®, Ivory® and Vicks DayQuil or NyQuil®. Donations can be made at the register during check out for as little as $1 or a specific desired amount.
Over the past 40 years, Publix has raised more than $51.3 million through the Torch Icon Campaign for Special Olympics in seven states, helping to fund opportunities to develop physical fitness, demonstrate courage and experience pure joy through the transformative power of sports alongside family, friends and their local communities.
About Special Olympics North Carolina
Since 1968, the organization has used the transformative power of sports to improve the lives of children and adults with intellectual disabilities. Nearly 40,000 athletes in North Carolina inspire thousands of coaches, sports officials, local program committee members and event organizers involved in Special Olympics statewide. SONC offers year-round training and competition in 19 Olympic-type sports on local and state levels as well as health and wellness initiatives to improve the health status and increase access to community health resources for individuals with intellectual disabilities. Youth become agents of change through Unified Champion Schools, an education and sports-based program created by Special Olympics to build an inclusive environment among youth with and without intellectual disabilities as well as empower them to become youth leaders and create change in their community. Visit Special Olympics North Carolina at www.specialolympicsnc.com. Engage with us on Twitter, Instagram, Facebook and YouTube.
About Publix Super Markets
Publix is privately owned and operated by its more than 200,000 employees, with 2018 sales of $36.1 billion. Currently, Publix has 1,241 stores in Florida, Georgia, Alabama, Tennessee, South Carolina, North Carolina and Virginia. For 22 consecutive years, the company has been named one of Fortune’s 100 Best Companies to Work For, and Publix ranked No. 1 on Fortune’s inaugural list of Best Big Companies to Work For in 2019. In addition, Publix’s dedication to superior quality and customer service is recognized among the top in the grocery business. For more information, visit the company’s website, corporate.publix.com.


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In the latest update of Mac OS X, Apple has added support for driving 4K displays as Retina displays – just like on the iPad and iPhone. Retina support ensures that letters appear much sharper and clearer, instead of becoming small and unreadable.
A much better way to use a 4K display
In the past, Microsoft Windows and Mac OS X handled higher resolution by simply making text and elements on-screen smaller and smaller. Higher resolution has traditionally been equal to more desktop space.
When Apple introduced its so-called Retina display they changed the recipe. Apple quadrupled the number of pixels, but instead of shrinking elements, they used the extra resolution to make fonts and elements on-screen sharper and clearer. The concept is used in the iPad, iPhone and Retina Macbook Pro.
Mac OS X can now handle a 4K display as a Retina display
The same Retina-mode has now been implemented in Mac OS X to allow users to drive 4K displays in Retina mode. It has been added with the OS X 10.9.3 update, which is currently in beta. According to 9to5mac text appears much sharper than before. It is also reported that the update adds support for 4K resolution at 60 Hz.
Right now, only the latest Retina Macbook Pro and the new Mac Pro (that supports up to three 4K displays) will benefit from the update. Apple’s other Macs are missing the Thunderbolt 2 connector. Several people expected Apple to launch their first 4K display alongside the new Mac Pro, but it did not happen. With the latest update, all the pieces have fallen into a place.
OS X 10.9.3 is still in beta and no release date for the update has been announced.