Atlantic Basin oil producers are nibbling away at OPEC’s prized market share in Asia thanks to the most competitive crude prices in seven years. The exporter club’s output cuts are partly to blame, "Bloomberg" writes.
Multinational transport and logistics provider AsstrA Associated Traffic AG has completed initial testing of its brand new methane-powered Scania G340 truck. During its first two weeks on the job, the truck carried shipments for the world’s largest furniture retailer between Moscow and Saint Petersburg.
The home of one of the world's oldest civilizations, Iran is the only country with coastlines on both the Caspian Sea and the Indian Ocean. Iran is also a major regional power with the world's largest natural gas supply and fourth-largest proven oil reserves. Top logistics market experts, having identified the potential for overseas businesses to develop in Iran, claim that now – while foreign trade is still recovering – is an ideal time to enter the Iranian market and invest in Iran.
If demand for expeditors is constantly rising and higher education institutions can not fully satisfy logistics labor market needs, what should business do? AsstrA Associated Traffic AG found the solution: instead of waiting, the company decided to invest into future generation itself by supporting startups and growing expeditors “come as a Padowan, become a Jedi”.
It’s been five years since Cadillac announced it was working on a system it calls “Super Cruise” that would be capable of steering, braking, and lane-centering in highway driving without human intervention, “Forbes” announces.