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Octo Telematics partners with RCI Bank and Services to provide global telematics data analysis for vehicles

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Octo Telematics (Octo), the number one global provider of telematics for the auto insurance industry, has announced that it has entered into a global partnership with RCI Bank and Services, the finance company from Groupe Renault to provide its telematics services and advanced big data analytics to enhance the driving experience of drivers worldwide. As part of its sales process, RCI Bank and Services will offer customers the option to include an Octo device in their car to make their vehicle uniquely tailored to them and their driving style. ... Read More »

FedEx Announces Memphis Hub Investment


The project includes construction of a large new sort facility, installation of state-of-the-art sort systems in the new building, construction of a bulk truckload building and a new area to improve handling of the oversized shipments that have increased with the growth in e-commerce. “I want to thank Governor Haslam and the State of Tennessee for their support of this investment in a transformational project for the FedEx Express hub in Memphis,” said FedEx Corp. Chairman and CEO Frederick W. Smith. “Modernization and expansion of the Memph... Read More »

DHL and Accenture unlock the power of blockchain in logistics


“The experiments with blockchain in finance are well known, but we believe logistics is an area where the new technology will have a truly profound impact,” insists Matthias Heutger, Senior Vice President DHL Customer Solutions & Innovation. “Implementing productive solutions however, will require further technological development and, critically, collaboration between all stakeholders.” Blockchain is a new type of database system that maintains, records and authenticates data and transactions. In supply chains, products are assigned uniqu... Read More »

Audi Brussels receives certificate for CO2-neutral automobile production

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Audi Brussels will start production of the first all-electric series-produced model from the Four Rings before the end of this year. It makes a statement with a range suitable for everyday use and with innovative, digital technology on board. Audi pursues a holistic approach with regard to sustainable premium mobility. For this reason, the company attaches great importance to the resource-conserving production of its electric SUV. Right from the start of production, Audi Brussels will produce the series version of the Audi e-tron prototype with... Read More »

Volkswagen Group to expand production of electric vehicles worldwide on a massive scale


The Group currently produces electric vehicles at three locations, and in two years’ time a further nine Group plants are scheduled to be equipped for this purpose. To ensure adequate battery capacity for the massive expansion of environmentally-friendly electric mobility, partnerships with battery manufacturers for Europe and China have already been agreed. The contracts already awarded have a total volume of around EUR 20 billion. A supplier decision for North America will be taken shortly. “Over the last few months, we have pulled out all... Read More »

Forbes Announces 2018 CIO SUMMIT


The event will gather the most influential leaders in the industry to explore today’s biggest technological challenges, foster deep collaboration and generate new ideas. With advancements in digital transformation, machine learning, artificial intelligence, data analytics and more, it is an exciting and challenging time to be a Chief Information Officer. CIOs often run innovation for their companies. CIOs lead digital. They engage customers and offer key insights into the art of the possible for the enterprise. The goal of the summit is t... Read More »

DHL plans new logistics hub at Vienna airport


Starting in summer 2018, the DHL Campus Vienna Airport will be developed on premises measuring roughly 60,000 sqm in the Fischamend district. The facility will take on a key role as a freight hub for Eastern Europe in the future. By establishing a joint site for DHL Global Forwarding and DHL Freight, synergies between the different transport modes - land, air and ocean – are to be exploited even more effectively. “DHL Global Forwarding and DHL Freight are combining the individual strengths of their two networks at the new site in Fischamend,... Read More »

Apple to acquire digital magazine service Texture

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Texture brings over 200 of the world’s best magazines to life, providing an easy way for users to read high-quality stories and entire issues of their favorite titles. With Texture, users enjoy the magazines they know and love, while discovering new content that fits their passions and interests. “We’re excited Texture will join Apple, along with an impressive catalog of magazines from many of the world’s leading publishers,” said Eddy Cue, Apple’s senior vice president of Internet Software and Services. “We are committed to quality journali... Read More »

Volkswagen Group realigns energy supplies: company power stations to change over from coal to gas

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The new high-efficiency gas turbines to be installed at the Wolfsburg power stations will durably reduce carbon dioxide emissions for heat and power generation by about 1.5 million tonnes per year. This corresponds to the current annual CO2 output of about 870,000 vehicles and represents a reduction of almost 60 percent compared with the previous emissions of the power stations at Wolfsburg. With reference to the German plants, the reduction in CO2 emissions amounts to about 50 percent. The systems are to be operated by Group company VW Kraftwe... Read More »

Madeleine Persson appointed as Sweden’s most powerful female director

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The award for Sweden´s most powerful directors is a prestigious award that focuses on lifting women in business. As Managing Director for H&M, Madeleine´s main responsibilities are design, assortment and buying, store development and marketing. “Everything starts with the customer and my competence lies within creating a great customer offering. I am confident that we can turn these setbacks around since retail is easy to change and our prime goal is to make our customers happy” Madeleine Persson, Managing Director H&M. ... Read More »

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