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The new company, HMH, aims to support the industry’s transition toward more energy-efficient solutions, as well as deploy technologies and service solutions to make the sector more competitive through increased drilling efficiency.
October 7, 2021
Senators Richard Durbin, Democrat, Illinois and Bill Cassidy, Republican, Louisiana have introduced legislation the past two Congresses called the INFORM Consumers Act, which would increase online marketplace transparency for consumers and ensure that marketplaces verify who their high-volume third-party sellers are.
October 7, 2021
The familiar levers for logistics managers to manage shipping disruptions, such as alternative port routing and front-loading inventory, provide little relief in this chaotic trans-Pacific trade, reported the Journal of Commerce on Sept. 30.
October 5, 2021
Worker shortages, materials shortages and rising costs have led to a slowdown in the post-pandemic recovery for construction contractors. The CCI score rose one point this quarter to 66.
October 5, 2021
In the most recent NAM Manufacturers’ Outlook Survey, the Manufacturing Institute reports that manufacturing production has bounced back year to date, with output being the strongest since August 2019 in the latest data, exceeding pre-pandemic levels.
October 5, 2021
The Gardner Business Index (GBI) closed September at 58.0. Employment, production, new orders and backlog activity all registered slowing expansion during September.
October 5, 2021
Fixing supply chain woes will be a long process, and many of the problems currently being experienced are due to a lack of labor. Technological advances such as automation and artificial intelligence will help companies find a solution.
October 1, 2021
Analysts are expecting petrochemical shortages to last well into 2022.
October 1, 2021
The Manufacturers Standardization Society (MSS) of the Valve and Fittings Industry has revised and published standards SP-6 and SP-129, announced in two press releases on Sept. 30.
October 1, 2021
Amid the swirl of discussion around how much should be spent on infrastructure and whether the bill can pass a divided Congress, legislative policy observers have missed a brief, somewhat technical provision with the punch to materially impact U.S. infrastructure policy in an extraordinarily helpful way, reported The Hill on Sept. 29.
October 1, 2021
If this year stays on track, then the Reshoring Initiative projects reshoring and foreign direct investment job announcements for 2021 will be over 220,000 — 38% above 2020.
September 30, 2021
The survey of practicing engineers found that 88% of respondents now use 3D printing/additive manufacturing in some way, and the technology is increasingly being used for the production of finished parts.
September 29, 2021
