The future of the transport industry: Air Taxis
EHang has received certification for the first EH216-S autonomous vehicle for passenger transport in the form of air taxis. Regulatory authorities have issued the first certificate of its kind in China to encourage and stimulate the development of urban air mobility. EHang is the world’s leading urban air mobility (“UAM”)...
Volkswagen cuts profit outlook in third quarter of 2023
The Volkswagen brand is one of the largest car manufacturers in the world. In the third quarter of this year, the company lowered its profit margin forecast based on difficulties in the supply of raw materials. Like many other industrial firms, carmakers hedge against commodity price swings, potentially causing non-cash...
Top 10: The busiest container ports in Europe
There are several important container ports in Europe, which are key points for the global supply chain industry. This sector is increasingly developing in the majority of European ports in the latest years. It enhancing the competitiveness between neighboring hubs. The busiest container ports in Europe in 2022 The port...
Eaton’s Arad factory uses four MiR autonomous mobile robots
Eaton has deployed four autonomous mobile robots (AMR) from Danish manufacturer Mobile Industrial Robots at its Arad factory. The company wants to optimize intralogistics processes by saving time and focusing employees on less physically demanding but more rewarding and valuable tasks. The four robots are from the MiR500 and MiR200...
Are electric vehicles the best option for the courier industry?
The imposing switch from using fossil fuels to using electricity to power vehicles is a necessary change, but it’s a change which will impact many industries, including couriering. The courier industry is now considering electric alternatives as a way to reduce its carbon footprint. It contributes to measures for tackling climate change....
TTS has been nominated for” European Small & Mid-Cap Awards 2023”
TTS is the only Romanian company nominated and competes in the "Rising Star" category - open to companies listed in 2021 and 2022, which had a market capitalization of less than €200 million as of 31.12.2022 and have significant growth prospects. The other companies nominated in this category are LumenRadio...
Electric cars in the fleet
What challenges lie ahead for carriers? Electromobility, the global megatrend of our time, is increasingly making its presence felt in the commercial road transport (CRT) sector. The pressure to reduce emissions is affecting not only manufacturers but also carriers themselves. The operation of battery-powered vehicles poses specific challenges and requirements....
FineStore rents warehouse in CTPark Bucharest North
CTPark Bucharest North industrial park offers class A warehouses for any type of business. In Romania it owns warehouses with a total area of approximately 2.5 million sqm in cities such as Arad, Brasov, Bucharest, Craiova, Oradea, Sibiu and Timisoara. In the north of the capital, FineStore rents a warehouse...
Cushman & Wakefield Echinox: More than 500.000 sq. m of logistics and industrial spaces were transacted in H1 2023
Companies leased nearly 550,000 sq. m of logistics and industrial spaces in the first half of the year. Over one third of this volume being related to pre-lease agreements, mainly in projects set to be delivered in 2024. There has been a slowdown of the development pace, as the main...
Renault Group and Geely have signed Joint Venture Agreement
Car manufacturers Renault Group and Geely have signed Joint Venture Agreement to produce and supply thermal and hybrid engines. The joint venture will supply engines to a range of automotive brands worldwide, including Volvo Cars, Proton, Nissan and Mitsubishi Motors. The new entity, to be based in the UK, will...
