All the new technology that is available today, or becoming available in the near future, is a good thing for the trucking industry. However, given all the choices, it can sometimes seem overwhelming to determine which technologies are actually right for your fleet.
Not every technology will make sense for every fleet. Duty cycles, loads, routes, etc., are all different, so each fleet’s technology needs are unique. However, there are steps all carriers can follow when making a technology-investment decision.
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It starts with identifying a specific need. Ask yourself some questions about what problem the technology will solve, whether it will replace an existing technology or augment it, and what systems it will have to integrate with, and how easy that integration will be.
But perhaps the biggest question to answer is how your customers will benefit from the new technology. That benefit can be direct to the customer, or it can be something that makes your operation more efficient, which in turn will benefit your customers. Answering these questions will help make the decision easier as to whether technology makes sense for you.
Once you’ve determined that the technology will be beneficial, you will need to identify everyone that will be impacted by the integration of the technology into your operation. This may stretch beyond drivers, technicians, and dispatchers to others within your organization, including back-office and finance people. Make sure to solicit input from them about the technology and the best way to integrate it into your fleet.
Don’t forget to consider the training that will be required for all those who will be interacting with the new technology. There is no point in investing in technology if people are not going to use it properly.
The best course of action when it comes to new technology is to develop a standard procedure for evaluating and implementing it. This will keep you from getting distracted by the latest and greatest claims that are attached to most new technologies.
Remember, when it comes to technology adoption, there is no universal right or wrong answer. However, there is a right and wrong for your fleet. Having a plan in place will help you make the right technology decisions more often than not and then you will reap all the benefits that technology offers.
Gino Fontana, CTP, is COO and EVP at Transervice Logistics Inc. Prior to this, he was VP of operations at Berkeley Division and Puerto Rico. He has more than 35 years of experience in the transportation and logistics industry with both operational and sales experience.
With less than a week left until South Korea’s annual college entrance exam, various idols currently in their senior year of high school have revealed whether they will take the 2023 College Scholastic Ability Test (CSAT)!
News outlet MyDaily reported that ENHYPEN’s Jungwon has chosen to forgo the exam, and NewJeans’ agency ADOR has confirmed that leader Minji will not be taking this year’s test.
Both IVE’s Jang Won Young and Liz have decided not to take the CSAT and focus on their promotions instead. Their agency Starship Entertainment commented, “Regarding their college entrance, Jang Won Young and Liz have officially decided not to take this year’s CSAT.” They added, “In the future, we will proceed with promotions while taking into consideration, in accordance with the artists’ opinions, whether to attend school when they are able to focus on college life. We ask for lots of attention and support for IVE in the future too as they greet you with an even better image.”
STAYC’s agency shared a similar statement on behalf of Yoon and J, stating, “Yoon and J will not take this year’s exam and have decided to focus on their promotions as singers for the time being.”
This year’s 2023 CSAT will be held on November 17. Most high school seniors in Korea this year are born in 2004.
Wishing all the students taking the CSAT the best of luck!
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The Transportation Security Administration has been testing facial recognition technology as an option for travelers at select U.S. airports for years, touting it as a way to speed up identity verification at security.
But now, the federal agency is poised to implement the system nationwide, causing alarm for privacy advocates and other critics who say the facial scanning systems bring a flurry of concerns.
Travelers queue up at the south security checkpoint in Denver International Airport as the Labor Day holiday approaches Tuesday, Aug. 30, 2022, in Denver. ((AP Photo/David Zalubowski) / AP Newsroom)
The screenings, dubbed "Credit Authentication Technology with Camera," now known as CAT-2, were rolled out by the Department of Homeland Security in 2017 as part of a pilot program, and involve scanning fliers' faces at the TSA checkpoint and comparing the images to the travelers' documents such as their driver's licenses or passports.
Since then, the biometric system has expanded to 16 U.S. airports, and travelers are starting to notice.
HOMELAND SECURITY PUSHES BACK REAL ID DEADLINE TO 2025
The Washington Post recently reported on the issue "after hearing concerns" from "readers who encountered face scans while traveling." The outlet learned from an interview with Jason Lim, who runs the TSA's facial recognition program that the agency "hopes to expand it across the United States as soon as next year."
The situation is reminiscent of the IRS's push last tax season to require facial recognition scans for Americans to access their tax returns, which was met with fierce backlash over privacy concerns and ultimately scrapped. One of the many worries over the tax collector's program was data breaches, and the TSA already had its facial data breached in 2019.
ID requirement signs at entrance to passenger TSA security area, West Palm Beach, Florida. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images / Getty Images)
The TSA has not provided data on how accurate the scans are, which is another significant concern for critics.
Business Insider noted that facial recognition technology's "use by law enforcement is even illegal in some cities, including San Francisco as, in some cases, racially-biased facial recognition scans have led to false arrests and even jail time for a Black man who was misidentified."
TSA CONFIRMS IT LETS ILLEGAL IMMIGRANTS USE ARREST WARRANT AS ID IN AIRPORTS
Lim reiterated that the facial scans are optional and assured The Post that the TSA does not store the live photo, save for some kept on hand for two years to test the system's effectiveness or for law enforcement purposes. But the TSA – known for its watch lists – could be in for a tough sell.
People wait in a TSA line at the John F. Kennedy International Airport in New York, Tuesday, June 28, 2022. ((AP Photo/Julia Nikhinson, File) / AP Newsroom)
Americans have long been skeptical of facial recognition technology due to its broad use by the Chinese government, which notoriously surveils its citizens and punishes government critics.
In a New York Post column Thursday, James Bovard addressed just that issue.
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"The TSA scanning system could be a big step toward a Chinese-style ‘social credit’ system that could restrict travel by people the government doesn’t like," Bovard wrote. "Actually, TSA has already been caught doing that. In 2018, the New York Times exposed a secret watchlist for anyone TSA labels ‘publicly notorious.’ TSA critics to the end of the line — forever?"
FOX Business' Stephanie Pagones contributed to this report.
The company has told Wall Street that it has tightened its belt in the past and can do so again. Amazon cut 1,500 jobs, including hourly workers, in 2001 during the dot-com crash, which amounted to 15 percent of its staff at the time. It also laid off a few hundred corporate employees in early 2018 after another period of rapid expansion.
What we consider before using anonymous sources. Do the sources know the information? What’s their motivation for telling us? Have they proved reliable in the past? Can we corroborate the information? Even with these questions satisfied, The Times uses anonymous sources as a last resort. The reporter and at least one editor know the identity of the source.
Last week, Amazon executives met with institutional investors, according to three people, just as its stock sank to its lowest level since the early days of the pandemic, erasing $1 trillion in value since Andy Jassy took over as chief executive last year.
Mr. Jassy, who previously ran Amazon’s lucrative cloud computing business, has been closely scrutinizing businesses to trim costs quickly. He initially pulled back on a warehouse expansion that was supercharged during the pandemic, then moved to other parts of the company.
In exact months, Amazon has also closed or pared back a smattering of initiatives, including Amazon Care, its service providing primary and urgent health care that failed to find enough customers; Scout, the cooler-size home delivery robot, that employed 400 people, according to Bloomberg; and Fabric.com, a subsidiary that sold sewing supplies for three decades.
From April through September, it reduced head count by almost 80,000 people, primarily shrinking its hourly staff through high attrition.
Amazon froze hiring in several smaller teams in September. In October, it stopped filling more than 10,000 open roles in its core retail business. Two weeks ago, it froze corporate hiring across the company, including its cloud computing division, for the next few months.
That news came so suddenly that recruiters did not receive talking points for job candidates until almost a week later, according to a copy of the talking points seen by The New York Times.
Technology is poised to reshape the business world by 2024 despite near-term recessionary concerns and a global talent crisis
TORONTO, Nov. 24, 2022 /CNW/ - Most of Canada's biggest organizations are turning to major emerging technologies to enhance their products and services, drive operational agility and efficiency, defend market share, and win new business, according to a exact Global Technology survey by KPMG International.
In the next two years, almost all technology leaders (95 per cent) surveyed at private- and public-sector organizations in Canada plan to invest in Web3, the third iteration of the internet, the survey found. Approximately 70 per cent plan to invest in fifth-generation wireless technology (5G) and edge computing, 67 per cent plan to capitalize on quantum computing and over half (54 per cent) plan to invest in the metaverse over the same period. Over six in 10 plan to invest in virtual and augmented reality technologies.
The findings underpin research in KPMG's exact Global CEO Outlook in which Canadian chief executive officers ranked emerging or disruptive technologies as the No. 2 risk to company growth over the next three years, trailing only regulatory concerns.
"The race to transform is on," says Sanjay Pathak, Partner and National Leader, Technology Strategy and Digital Transformation Services, KPMG in Canada. "At a time when digital leaders face rising costs, a potential recession, and a global talent crisis, they are turning to emerging technologies to build business resiliency, harness data and analytics to enhance decision making, and drive growth.
"While it may seem counterintuitive to invest in innovation on the precipice of an economic downturn, these technologies are difference makers and will separate digital leaders from the laggards," he says. "Increasingly, we are seeing digital leaders become proficient in new and emerging technologies and these new advancements will reshape the business world within the next few years. But as with any transformative change, technology is only an enabler. It must be totally aligned to business purpose and strategy and the risks must also be carefully assessed, mapped out and mitigated."
Planned Technology Investments:
5G |
Edge Computing |
Quantum |
VR/AR |
Web3* |
Metaverse* |
|||||||
Canada |
Global |
Canada |
Global |
Canada |
Global |
Canada |
Global |
Canada |
Global |
Canada |
Global |
|
Have already invested |
4 % |
6 % |
6 % |
5 % |
4 % |
5 % |
-- |
-- |
2 % |
1 % |
1 % |
1 % |
Plan to invest in the next 6 months / currently evaluating |
14 % |
8 % |
10 % |
9 % |
10 % |
8 % |
2 % |
1 % |
-- |
-- |
-- |
-- |
Plan to invest in the next 6 months to 1 year |
21 % |
24 % |
22 % |
23 % |
23 % |
24 % |
18 % |
19 % |
12 % |
16 % |
13 % |
12 % |
Plan to invest in 1-2 years |
35 % |
33 % |
37 % |
34 % |
34 % |
35 % |
42 % |
41 % |
44 % |
43 % |
41 % |
43 % |
Plan to invest in next 3-5 years |
26 % |
29 % |
24 % |
28 % |
28 % |
27 % |
38 % |
38 % |
39 % |
37 % |
42 % |
40 % |
* The remaining percentage have no plans to invest or explore further. |
Talent Wars Abound
Significantly more Canadian organizations said they are behind schedule in implementing their digital transformation strategies than their global peers, the survey showed. Half of technology leaders in Canada (51 per cent) said their programs have been delayed or had slowed despite C-suite support and funding, compared to only 40 per cent globally.
This is in line with previous KPMG research that found many such programs had been, or were about to be, put on hold not only to prepare for a near-term potential recession but also to cope with employee burnout and the lack of skilled talent.
Technology leaders also identified the talent shortfall as one of two top barriers that is preventing their organization from adopting new digital technologies. The other barrier is their organization's aversion to risk or that reluctance to let go of existing procedures.
"In a downturn, companies that typically come out on top are those that maintain their investment focus on critical business priorities, build use cases for disruptive technologies, and ensure they're developing the required skillsets either in-house or by establishing a strong ecosystem of external partners," says Kathy Penner, Partner and National Leader, Technology Enterprise Solutions, KPMG in Canada. "So when there's an upturn, they are ready to leverage these investments and drive outsized growth."
All respondents to the survey acknowledged the positive impact of their digital transformation efforts to-date: An increase in profits and performance.
In the last two years, a quarter (26 per cent vs. 38 per cent globally) reported profits increased between 6-10 per cent as a direct result from their transformation journey. A further 19 per cent (20 per cent globally) experienced an 11 per cent or more increase in profitability, and over half (54 per cent vs. 42 per cent globally) increased profits by 1-5 per cent.
"Leaders are looking at technology and digital investments with increased scrutiny," says Ms. Penner. "The need for demonstratable return on investment and scalable delivery models being top of mind for most."
Explore additional insights related to Cloud, Enterprise Technology, and Cybersecurity here.
KPMG International surveyed more than 2,200 technology executives at some of the world's largest organizations across 15 countries, including 125 in Canada during the second quarter of 2022. Nearly half (48 per cent) of the respondents are headquartered in the U.S. Among the Canadian respondents, 17 per cent are with organizations reporting between US$20 billion and US$50 billion in annual gross revenue; 10 per cent are with organizations with more than US$10 billion but less than $20 billion; 26 per cent report between US$5 billion and $10 billion; and 42 per cent have between US$1 billion and $5 billion in revenue. Sixty-five per cent of Canadian respondents work at organizations with more than 10,000 employees. Over half (54 per cent) are publicly held companies, 22 per cent are privately held, and the remaining 25 per cent are governments or non-profit organizations.
About KPMG in Canada
KPMG LLP, a limited liability partnership, is a full-service Audit, Tax and Advisory firm owned and operated by Canadians. For over 150 years, our professionals have provided consulting, accounting, auditing, and tax services to Canadians, inspiring confidence, empowering change, and driving innovation. Guided by our core values of Integrity, Excellence, Courage, Together, For Better, KPMG employs more than 10,000 people in over 40 locations across Canada, serving private- and public-sector clients. KPMG is consistently ranked one of Canada's top employers and one of the best places to work in the country.
The firm is established under the laws of Ontario and is a member of KPMG's global organization of independent member firms affiliated with KPMG International, a private English company limited by guarantee. Each KPMG firm is a legally distinct and separate entity and describes itself as such. For more information, see home.kpmg/ca
SOURCE KPMG LLP
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2022/24/c8156.html
Amazon is planning to dismiss about 10,000 people in corporate and technology jobs starting as soon as this week, the New York Times reported on Monday, citing people with knowledge of the matter.
The cuts would be the largest in Amazon’s history and come as other tech companies including Meta and Twitter are also shedding workers.
Amazon’s cuts will reportedly focus on the e-commerce giant’s devices unit, which houses voice-assistant Alexa, as well as its retail division and human resources.
The company did not immediately respond to a request for comment. As of 31 December last year, Amazon had about 1,608,000 full-time and part-time employees and the cuts would represent about 3% of Amazon’s corporate employees and less than 1% of its global workforce.
Amazon’s founder, Jeff Bezos, has warned that he believes the US is either in or heading towards a recession and that people and corporations should “batten down the hatches”.
On Sunday Bezos told CNN: “The probabilities say if we’re not in a recession right now, we’re likely to be in one very soon. My advice to people whether they’re small business owners is take some risk off the table. If you were going to make a purchase, maybe slow down that purchase a little bit. Keep some dry powder on hand and wait a bit.”
Last week, Facebook-parent Meta Platforms said it would cut more than 11,000 jobs, or 13% of its workforce, to rein in costs. Twitter has announced it is cutting half of its 7,500 employees.
Reuters contributed to this story
Nov 16 (Reuters) - Micron Technology Inc (MU.O) said on Wednesday it would reduce memory chip supply and make more cuts to its capital spending plan, as the semiconductor firm struggles to clear excess inventory due to a slump in demand.
Shares of the company fell 5.8% to $59.44 in afternoon trading.
Micron was the first major chipmaker to sound an alarm about falling demand for personal computers and smartphones earlier this year in the face of decades-high inflation.
Chipmakers and electronics companies, which had been preparing for the pandemic-led demand surge to sustain and had for long struggled with supply constraints, soon found themselves with overstocked inventory.
The broader weakness seeped throughout the industry, and is now affecting all end-markets from personal electronics to data centers to industrial. The Philadelphia SE Semiconductor index (.SOX) has declined over 31% so far this year.
"In order to significantly Improve total inventory ... DRAM bit supply will need to shrink and NAND bit supply growth will need to be significantly lower than previous estimates," the company said.
Widespread supply and capex cuts typically denote a bottom for the memory industry and is a good sign, Wedbush Securities analyst Matt Bryson wrote in a note on Wednesday.
But he said there is potential for a longer demand trough that would likely weigh on the broader technology space.
Micron said it is reducing DRAM and NAND wafer starts - or the initial process in semiconductor production - by about 20% compared with the fourth quarter that ended on Sept. 1.
For 2023, the company expects its year-on-year bit supply growth to be negative for DRAM and in the single-digit percentage range for NAND.
Micron's outlook is likely "weighing on the perception that component suppliers/semi vendors have already baked adverse conditions into their outlooks, effectively derisking the stocks," Bryson said.
Reporting by Eva Mathews and Aditya Soni in Bengaluru; Additional reporting by Jane Lanhee Lee and Chavi Mehta; Editing by Shounak Dasgupta, Sriraj Kalluvila and Maju Samuel
Our Standards: The Thomson Reuters Trust Principles.
Sling TV is raising prices on all three of its basic subscription packages, following in the footsteps of other streaming services that implemented price hikes this year. Customers will pay $5 more for their plans, the company said on Thursday.
The live TV streaming service has bumped up the monthly cost for Sling Orange or Sling Blue to $40, while its Sling Orange & Blue bundled package will be $55 per month. Current prices are $35 for the singular Orange or Blue plans and $50 for the Orange & Blue package. The changes will go into effect immediately for new customers, and existing subscribers will see the increase on their next bill on or after Dec. 3.
"Raising prices for our customers is not something we take lightly," said Gary Schanman, Sling executive vice president. "We recognize that historically high inflation is impacting our customers every day and our goal is not to be another burden to your wallet." He explained that rising costs of programming fees contributed to the decision. Looking ahead, customers will see fresh features and 150-plus new channels added to the lineup.
Sling TV is one of the latest streamers to adjust pricing this year. Netflix increased its subscription plans in January, and this month, it launched a cheaper, ad-based tier. Disney announced plans to up its monthly rates for Hulu and Disney Plus. Hulu's standalone plans are now $8 for basic with ads and $15 for ad-free, while it's live TV streaming subscriptions will increase on Dec. 8. Disney Plus will also offer a new, ad-supported plan for $8 per month (its current price) and increase its ad-free version by $3 to $11 a month.
Despite the price hike, Sling TV still offers half off your first month of service. The Orange package includes 31 channels featuring sports and family-friendly content, while Sling Blue offers 41 channels including entertainment and news.