DUSSELDORF, GERMANY. There’s general consensus that the connected truck and its path to real-time data will solve many of the trucking industry’s problems, but still to be determined is whether access to that data coming off the connected truck will be in an open format accessible to all or remain tied to proprietary systems developed by truck makers and other providers.
With a pledge this week to invest half a billion Euros by 2020 in developing connected trucks, Daimler Trucks has made its stake in the technology clear. And responding to questions at a press event to announce that commitment, Daimler Truck head Wolfgang Bernhard also took a stand on the question of data access.
“We need open platforms eventually to make connected truck platform valuable to customers,” he said. “We have to open it to everybody.”
Prime Minister Malcolm Turnbull with Joko Widodo at the Presidential Palace in Jakarta last year.
The Australian government hopes to identify areas where there can be a swift reduction in trade barriers with Indonesia as a result of the first visit to Australia by the relatively new Trade Minister Thomas Lembong.
The visit this week marks a subtle shift in priorities in Australia's trade diplomacy. Indonesia is now seen as amongst the potentially most receptive countries for improved business ties after languishing for three years due to other bilateral tensions.
Lockheed lands $480m customer for aircraft combining power of helicopter, airplane and hovercraft dramatically altering mining and exploration economics
On Wednesday, Lockheed Martin signed the first customer for the LMH-1, the giant defense contractor's hybrid airship. The LMH-1 is a unique new aircraft which is part helium dirigible, part cargo helicopter, part passenger airliner and part hovercraft.
UK-based Straightline Aviation signed a letter of intent with Hybrid Enterprises, the exclusive reseller of the hybrid airship, to purchase up to 12 aircraft with a potential value of roughly $480 million.
ATEX radios are essential tools for those working in the potentially explosive environments found in the oil, gas and mining industries, providing a safe alternative for two-way communications. Beyond the primary function of ATEX radios to prevent any potential sources of ignition, additional considerations should be made regarding the features of the radio and its suitability to the unique challenges presented in these applications.
MANY miners enjoyed big on the last day of Q1 as the overall market rose. The S&P/ASX 200 rose by nearly 1.5% to finish March, with all sectors in positive territory. Metals & Mining gained 1% as heavyweights BHP Billiton and Rio Tinto added around 1.5% each. There were plenty of big movers as companies rushed to get announcements out on the last day of the quarter. OreCorp jumped more than 56% to A25c after reporting a maiden resource of 2.78 million ounces at 4.1 grams per tonne gold for its Nyanzaga project in Tanzania.
The Indonesian government has dropped its fraud claim in a legal battle with over ownership of the East Kutai Coal Project in Kalimantan.
A number of documents have been submitted by Indonesia to the arbitration hearing in the US which Churchill said showed that it had received licence survey approval and that government witness statements were inaccurate in critical respects.
Indonesia and its Southeast Asian peers need to revamp their information technology infrastructure, update regulations and encourage an entrepreneurship ecosystem to generate an additional $1 trillion in its gross domestic product in the next decade, according to a report published by a consulting firm on Tuesday (23/02).
Gold’s progression continues, as the metal climbs back over the US$1200 mark for the first time since June last year. Much of this is due to investors flocking to gold and gold back funds as the market continues to face uncertainty and the oil price stagnates, with the metal representing a safe haven for investors.
Not even Chuquicamata, the world's largest open pit copper mine, seems to be able to rescue Chile at the moment. CourtesyPic of Codelco via Flickr
Resilience in the copper industry, its producers and investors, continues to be tested this year, as the metal price has touched fresh lows, falling last week to $1.95 per pound, a price last seen in May 2009, and analysts don’t see a clear end to China’s slowdown.
Indonesia loses $4 billion every year due to poor procurement practices in the public sector, according to a recent study by consultant firm A.T. Kearney. “This equals 40 years of operational cost for 32,000 schools in Indonesia. It also represents 20 percent of Indonesia’s public infrastructure spending,” said ShirleySantoso, a principal at Kearney, in a statement, a copy of which was obtained by the Jakarta Globe on Monday.
The Iron ore spot price has risen to a three-and-half month high in a positive session for metals. The 62% iron ore fines price rose by 2.9% or $US1.38 to $48.52 per tonne, its highest level since November 11. Base metals also gained ground on Friday, with zinc up by almost 2.9% to $1748.25/t, its best price since October. Nickel gained close to 2.8% to $8557.50/t, while aluminium was up by more than 2% to $1562.75/t.