MRO

Creating a Better Environment for Remote Drug Testing Results

Retrieved on: 
Tuesday, March 12, 2024

INDIANAPOLIS, March 12, 2024 /PRNewswire/ -- Innovations in remote drug testing technology are allowing observers to actively improve a testing environment, leading to clearer observations and higher validity in result interpretation.

Key Points: 
  • INDIANAPOLIS, March 12, 2024 /PRNewswire/ -- Innovations in remote drug testing technology are allowing observers to actively improve a testing environment, leading to clearer observations and higher validity in result interpretation.
  • Remote drug tests conducted with eRAMx Live Remote Drug Testing allow an observer to activate a donor's flashlight, front camera and rear camera on demand.
  • The feature was designed for virtual observations in remote, low-light settings such as darkened rooms or nighttime job sites.
  • "We have developed the most flexible and cost effective virtual drug testing platform in the industry today, while maintaining the integrity of each and every test performed," Milner said.

MRO Announces Frank Jackson as New Senior Vice President of Clinical Quality and Payer Solutions

Retrieved on: 
Tuesday, March 12, 2024

NORRISTOWN, Pa., March 12, 2024 /PRNewswire/ -- MRO, Corp. (MRO) , the leading clinical data exchange company in healthcare, announced that Frank Jackson has joined the company as their new Senior Vice President of Clinical Quality and Payer Solutions.

Key Points: 
  • NORRISTOWN, Pa., March 12, 2024 /PRNewswire/ -- MRO, Corp. (MRO) , the leading clinical data exchange company in healthcare, announced that Frank Jackson has joined the company as their new Senior Vice President of Clinical Quality and Payer Solutions.
  • In his new role, Jackson will serve as the General Manager (GM) of MRO's growing clinical quality and payer solutions business.
  • "I was attracted to MRO after seeing the recent launch of their quality and payer solutions products, including ACO PerformancePathway , registry and payer platforms.
  • I am prepared to join MRO in efforts to grow the clinical quality and payer solutions side of the business," said Jackson.

Isabel Schnabel: The Eurosystem’s operational framework

Retrieved on: 
Wednesday, April 3, 2024

This box investigates how households have responded to the 2021-23 inflationary episode using evidence from the ECB’s Consumer Expectations Survey.

Key Points: 
  • This box investigates how households have responded to the 2021-23 inflationary episode using evidence from the ECB’s Consumer Expectations Survey.
  • The findings suggest that households have primarily adjusted their consumption spending to cope with higher inflation.

Consumer participation in the credit market during the COVID-19 pandemic and beyond

Retrieved on: 
Tuesday, April 2, 2024
Tax, BLS, Face, La Cava, Liquidity, Journal of Economic Perspectives, Special, MRO, Recovery, Next Generation, Child, Interview, Transport, Attanasio, Consumer behaviour, DFR, Research Papers in Economics, Post-Keynesian economics, Gross domestic product, .177 caliber, Great Moderation, European Commission, Vaccine, Employment, Loan, PDF, Hall, House, ECB, Unemployment, Risk, Shock, Education, Rutgers University Press, Quarterly Journal, Policy, Real estate economics, EU Council, Woman, HHS, World Health Organization, Section 4, Clutch (eggs), MIT Press, Omicron, De Nederlandsche Bank, Social science, Federal Reserve Bank, Modigliani, EDS, JEL, Christian Social Union (UK), Female, Section 3, COVID-19, The Journal of Finance, Journal, Classification, News, Journal of Monetary Economics, Oxford Economic Papers, Death, Insurance, Journal of Economics, FRB, FED, Credit, HFCS, Economy, Deficit reduction, Vaccination, Princeton University Press, Literature, CES, Application, University of Oxford, Paper, R.E, Quarterly Journal of Economics, Section 2, European Central Bank, Civil service commission, C23, COVID, Conference, European Council, Central bank, Lifting, HH, Political economy, Consumer confidence index, European Parliament, MIT, RRF, Monetary economics, Household, Perception, Section 5, Bank, Structure, Reproduction, Website, HICP, Aimé Dossche, Working paper, Housing, Cambridge, Massachusetts, Heart, Fabbri, American Economic Review, Partner, Data, Collection, Probability, Government, Real estate

We find that credit demand is highest when

Key Points: 
    • We find that credit demand is highest when
      the first lockdown ends and it drops when supportive monetary compensation schemes are implemented.
    • Credit is more likely to be
      accepted under favourable borrowing conditions and after the approval of national recovery plans.
    • We also find
      that demographic, economic factors, perceptions and expectations are associated with the demand for credit and
      the credit grant.
    • First, it adds to a rapidly growing literature on household
      borrowing behaviour during the COVID-19 pandemic; see, for example, Ho et al.
    • We provide evidence that credit applications and credit acceptances display a different pattern over
      time.
    • Credit is more likely to be accepted under favourable borrowing conditions and after the
      approval of national recovery plans.
    • In almost all countries
      households are significantly less likely to apply and to get their credit approved than in Germany.
    • In line with literature, we show that
      demographic and economic factors affect the probability for credit applications and credit approval.
    • In addition,
      the paper shows that consumer perceptions and expectations matter when they decide to apply for credit.
    • Introduction

      The participation of households in the credit market receives wide attention in the consumer finance literature
      because consumer credit enters the monetary policy transmission mechanism through the so-called ?credit
      channel?: changes in credit demand and supply have an effect on consumers' spending and investment, which in
      turn affect economic growth.

    • We use microdata from the ECB?s Consumer Expectations Survey (hereinafter CES), a survey that
      measures consumer expectations and behaviour in the euro area.
    • Its panel dimension allows for an assessment of
      how consumer behaviour changes over time and how consumers respond to critical economic shocks.
    • This way we can gauge how credit applications and credit acceptances change under different, almost
      opposite, borrowing conditions.
    • We also distinguish between the demand for long-term secured loans (mortgages) and for short-term
      uncollateralized loans (consumer loans).
    • ECB Working Paper Series No 2922

      3

      We use probit models to estimate the probability of the consumer to apply for credit and the credit being granted.

    • The rate peaks in 2020Q3 which reflects the rebound in the demand for loans when the first lockdown ended.
    • In almost all countries households are significantly less likely
      to apply and to get their credit approved than in Germany.
    • However,
      when it comes to credit acceptance, we observe that the two groups of households are more similar.
    • Finally, we find some heterogeneity with respect to the type of credit, particularly between secured and unsecured
      debt.
    • The demand for
      consumer credit is insignificant for liquid households and decreases significantly for constrained households in
      the last two quarters of our timespan.
    • The first consists of a recently growing literature which
      explores consumer behaviour in the credit market during the COVID-19 pandemic, mostly in the United States.
    • Sandler and Ricks (2020) show that consumers did not use credit card debt for financial liquidity in the early stage
      of the COVID-19 pandemic.
    • (2020) report that credit card applications and new mortgage loans
      declined during the first months of the pandemic in regions with more unemployment insurance claims.
    • Lu and
      Van der Klaauw (2021) show that there was a sharp drop in consumer credit demand, especially for credit cards.
    • (2022) document that there was a substantial decrease in the usage of credit cards and home equity lines
      of credit by Canadian consumers.
    • Our paper is also consonant with studies on the association between financial and demographic factors and
      consumers? participation in the credit market as well as on the demand for specific types of credit.
    • January 2020 ? October 2020 - The two main events are the outbreak of the COVID-19 pandemic and the
      consequential lockdowns in the euro area.
    • 4 If the
      respondent has applied for more than one type of credit, she is asked to refer to the most recent credit application.
    • Between 2021Q3 and 2022Q3 the acceptance
      rate stays above the average values, mirroring the easing of credit standards for consumer credit and other lending
      to households during this period.
    • Second, we can investigate the presence of nonlinearities in how liquidity and the credit type interact in explaining credit applications.
    • (2023) ? who show that in the United States the local pandemic severity had a strong
      negative effect on credit card spending early in the pandemic, which diminished over time.
    • First, we select mortgages and consumer credit as the two mostly reported categories for secured and

      13

      The full estimation results are reported in Table 3.

    • The right-hand side panel of Figure 6 shows that the demand for consumer credit is insignificant for both liquid
      and illiquid households.
    • It also shows that
      subjective perceptions of credit access, financial concerns and expectations on interest rates matter for the demand
      for credit.
    • In Bertola, G., Disney
      R., and Grant, C. (eds) The Economics of Consumer Credit, Cambridge MA, MIT Press.
    • Horvath, A., Kay, B. and Wix, C. (2023) The COVID-19 shock and consumer credit: Evidence from credit card
      data.
    • Magri, S. (2007) Italian households? debt: The participation to the debt market and the size of the loan.

Trio of Verusen Executives Honored as 2024 Supply Chain “Pros to Know,” Awarded as Part of Top 100 Outstanding Business Leaders by Supply & Demand Chain Executive

Retrieved on: 
Friday, March 8, 2024

ATLANTA, March 08, 2024 (GLOBE NEWSWIRE) -- Verusen today announced that three of its top executives have been recognized with the 2024 Pros to Know award from Supply & Demand Chain Executive, the only publication covering the entire global supply chain. The 2024 Pros to Know Awards recognize the Top 100 outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chains for competitive advantage.

Key Points: 
  • The 2024 Pros to Know Awards recognize the Top 100 outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chains for competitive advantage.
  • "Many of today's supply chain pros are more than just leaders within their space; they're innovators, decision-makers, pioneers of change and growth.
  • They've spent the last year (and more) creating safer, more efficient supply chains," says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive.
  • This year’s award recipients are profiled in Supply & Demand Chain Executive’s March 2024 issue, distributed at MODEX 2024 and at www.SDCExec.com .

Saudia Technic Joins Forces with United Rotorcraft to Lead in Helicopter MRO Capabilities

Retrieved on: 
Tuesday, February 27, 2024

"The initiation of this collaboration is timely with the Kingdom’s surge in rotorcraft usage, spanning various sectors,” said Captain Fahd H. Cynndy, CEO of Saudia Technic.

Key Points: 
  • "The initiation of this collaboration is timely with the Kingdom’s surge in rotorcraft usage, spanning various sectors,” said Captain Fahd H. Cynndy, CEO of Saudia Technic.
  • Saudia Technic’s vision is clear: to pioneer and sustain a world-class rotorcraft MRO facility in the Kingdom.
  • Saudia Technic is developing the largest MRO infrastructure in the MENA region through its MRO Village located in Jeddah, contributing to Saudi Arabia's growing role as a regional aviation hub, and positioning Saudia Group as an industry leader in the region.
  • Their experience will be instrumental in aiding Saudia Technic to develop its rotorcraft Part 145 center of excellence, serving helicopter operators in both Saudi Arabia and the surrounding region with a comprehensive suite of services.

Yingling Aviation Acquires Mid-Continent Aviation Services

Retrieved on: 
Thursday, March 7, 2024

Yingling Aviation (“Yingling”), a leading, full-service provider of maintenance, repair, and overhaul (MRO) and fixed-base operation (FBO) services to business and general aviation customers throughout the United States, announced that it has acquired Mid-Continent Aviation Services (“MCAS”), a full-service MRO also located at Wichita’s Dwight D. Eisenhower National Airport (ICT).

Key Points: 
  • Yingling Aviation (“Yingling”), a leading, full-service provider of maintenance, repair, and overhaul (MRO) and fixed-base operation (FBO) services to business and general aviation customers throughout the United States, announced that it has acquired Mid-Continent Aviation Services (“MCAS”), a full-service MRO also located at Wichita’s Dwight D. Eisenhower National Airport (ICT).
  • Founded in 2010, MCAS provides a wide range of services to business aviation customers, including aircraft MRO, parts, technical assistance, and sales support.
  • With the addition of MCAS, Yingling continues to expand its presence in Wichita while gaining access to MCAS’ deep expertise, highly-skilled professionals, and state-of-the-art 80,000+ square foot facility.
  • “We are very excited to welcome MCAS to the Yingling family and look forward to working with their seasoned group of world-class technicians,” said Bob Rasberry, CEO, Yingling Aviation.

Best Power Tool Combo Kit (2024): Top Rated Zoro Combo Kits, Tool Sets, Cordless Tool Bundles and More Savings Reviewed by Compare Before Buying

Retrieved on: 
Wednesday, March 6, 2024

Compare Before Buying reviews Zoro.com’s best power tool combo kits for businesses and professionals.

Key Points: 
  • Compare Before Buying reviews Zoro.com’s best power tool combo kits for businesses and professionals.
  • That's why they've curated a selection of power tool combo kits, tool sets, cordless bundles, and more, tailored specifically with businesses in mind.
  • Topping the list is the DEWALT Cordless Combination Kit, featuring a drill and driver that includes a potent 20V power system.
  • Rounding off the selection is the Milwaukee Cordless Combination Kit with Impact Wrench, offering power and versatility for tradespeople and businesses alike.

Laser Photonics Joins Brokk at Waste Management Symposia 2024

Retrieved on: 
Wednesday, March 6, 2024

Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other applications, announced today that it is joining Brokk , the world's leading manufacturer of remote-controlled demolition robots, at their booth during the Waste Management (WM) Symposia 2024 .

Key Points: 
  • Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other applications, announced today that it is joining Brokk , the world's leading manufacturer of remote-controlled demolition robots, at their booth during the Waste Management (WM) Symposia 2024 .
  • Laser Photonics will be bringing several of its laser cleaning systems to the event, including the newest version of its CleanTech 1500-CTHD laser cleaning system, which has been updated to be air-cooled with a much smaller, more portable form factor.
  • Where: Booth 131 at the Phoenix Convention Center, Phoenix, AZ
    CleanTech Laser Blasting products by Laser Photonics provide industry professionals with eco-friendly, cost-effective and time-efficient systems that are utilized for industrial cleaning.
  • The DefenseTech product line by Laser Photonics provides professionals in the defense industry with an MRO tool for corrosion control and prevention.