Aggregate | Jotup

TRUX MARKS FIVE YEARS OF LOGISTICS MANAGEMENT

Retrieved on:

Wednesday, February 28, 2024

Pain, Aggregate, Vulcan Materials Company, Warehouse

Trux™, the leader in dump truck logistics technology, marks the 5th anniversary of the launch of its flagship product.

Key Points:

Trux™, the leader in dump truck logistics technology, marks the 5th anniversary of the launch of its flagship product.
"We've worked hand in hand with our customers over the years to continue improving the Trux platform," said Donald Lee, President of Trux."
Trux Deliver is part of the Trux delivery logistics platform for dispatching haulers, monitoring material delivery, optimizing plant efficiency, E-ticketing, and customer engagement.
For more information about Trux or the company's other dump truck logistics solutions, visit www.truxnow.com .

The macroeconomic effects of global supply chain reorientation

Retrieved on:

Saturday, February 10, 2024

Bank, Control, Quarterly Journal of Economics, Literature, Deutsche Bundesbank, Reconstruction, COVID-19, Monetary policy, Medical classification, Aggregate, Interest, Hail, Motion, Organization, WT, Policy, Smith, Elasticity, American Economic Review, Information, CHiPs, Journal of Economic Perspectives, Reproduction, Tagliapietra, Culture, Journal of International Economics, Section 3, European Commission, Communication, B16, Shock, NTM, European Chips Act, SSC, PHT, B17, Classification, Common, Tradability, Bank of Italy, Congressional Research Service, NT, Central bank, Private, Exercise, NIU, Labour, PDF, Website, European Parliament, Terrorism, Employment, B10, SUBST, Agricultural economics, F62, RTK, Bank of England, European Central Bank, Calibration, Agriculture, Foreign policy, Semiconductor, International Monetary Fund, Research Papers in Economics, Outline, Council, Openness, Bias, Economic system, European Council, Public policy, Deutsch, Statistics, GDP, Real, American Economic Journal, Table, Journal, YT, EAGLE, Household, Grossman, Science, Conference, Journal of Comparative Economics, Horse, SSRN, TC, Consumption, REA, F13, Section 2, University, Section 5, Legislation, Money, NTD, Central Bank of Ireland, Language, Capital, University of Limerick, Intermediate, CBI, Caselli, Macroeconomics, Crowding, Technical report, B14, Tax, Civil service commission, Growth, Commission, UNCTAD, Optimism, Politics, PIM, PX, Work, Social science, JEL, Government, Automation, HTT, Quarterly Journal, Canadian International Council, ECB, XT, METRO, ELAS, Credit, Bolt, Research, European Communities, American Journal, ArXiv, Unilateralism, Lerner, Motivation, International, C6, Committee, Security (finance)

We analyse the macroeconomic

Key Points:

We analyse the macroeconomic
effects of supply chain reorientation through localisation policies, using a global dynamic
general equilibrium model.
While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
The large sensitivity of the global economy to the recent supply chain shocks suggests that
the international trade reconfiguration implied by localisation policies could also have sizable
impacts on key macroeconomic variables such as output, employment and inflation.
Thus, localisation focuses on the
goods in our model most closely related to global supply chains.
Retaliation also attenuates any positive effects from
reshoring on output and implies a reduction in the volume of overall international trade.
This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
most susceptible to supply chain disruptions.
Either that, or the economic costs are considered a worthwhile trade-off for an increase
in security of supply, for example.
While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
Recent supply chain shocks have had large effects, with disruptions in 2021 estimated
to have reduced euro area GDP by around two percent and doubled the rate of manufacturing producer inflation (Celasun et al., 2022).
To analyse this issue, we simulate a (partial) reshoring of production back to Europe in
a global dynamic general equilibrium framework.
Thus,
localisation focuses on the goods in our model most closely related to global supply chains.3 We
model reshoring through a direct change to the export goods? production-function parameters.
Since reshoring
effectively shortens the supply chain, the sum of markups along the chain falls.
This means that imports that are at the end of the supply chain (i.e.
In particular, our work relates to papers examining the potential for countries to reduce
their exposure to global supply chains.
(2021) demonstrate that reduced reliance on foreign inputs does not mitigate pandemicinduced contractions in labour supply.
(2021) find no evidence of a relationship
between global value chain integration and macroeconomic volatility.
This dynamic, along with factors such as natural disasters, climate-change
induced volatility and terrorism mean that supply chain disruptions could be a new normal
(Grossman et al., 2021).
Our work contributes to the literature providing dynamic general equilibrium analyses of
protectionist policies, in particular those using global macroeconomic models to quantify trade
policy changes.
(2008) analyse the effect of a rise in protectionism in response
to rising global trade imbalances.
Linde? and Pescatori (2019) find that although the macroeconomic costs of a
trade war are substantial, a fully symmetric retaliation is the best response.
(2020) consider a rich input-output structure and demonstrate that closer integration amplifies
the adverse effects of protectionist trade policies.
Several recent studies have also examined the economic effects of a global trade fragmentation.
First, we modify a dynamic general
equilibrium model of the global economy in order to analyse the transmission of localisation
policies.
This allows for a comprehensive treatment of cross-border macroeconomic interdependences and spillovers between the different regions.
4
There is, however, substantial cross-country heterogeneity in terms of impact, with small open economies
(SOEs) reliant on global supply chains more affected.
ECB Working Paper Series No 2903
7

Second, we are able to assess both long-run effects and the transition dynamics of localisation
policies.
Our model contains a detailed monetary block and captures inflation dynamics, which is a key
concern for supply chain reorientation.
Overall, our paper contains a careful analysis of the key aspects of the localisation debate,
including effects of localisation on domestic competition and efficiency.
Section 2 provides a brief overview of the model, the modifications to examine
global supply chain reorientation, some key details on the calibration and a brief discussion of
the nature of our exercise.
(2020) for discussions of the relative strengths and weaknesses of
trade and macroeconomic models in assessing large economic shocks.
2.1
Supply chain reorientation

Our analysis focuses on imported inputs used to produce goods for export, as the introduction
of localisation policies is in response to recent disruptions to global supply chains.
Since reshoring
effectively shortens the supply chain, the sum of markups along the chain falls.
Further to
these effects, engagement with global firms provides an opportunity for knowledge spillovers to
local firms (Criscuolo et al., 2017).
This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
most susceptible to supply chain disruptions.
(B12)
Adjusting the share of local inputs in export goods, of course, affects prices and quantities all
along the supply chain.

Outlook Therapeutics® Receives FDA Agreement Under Special Protocol Assessment (SPA) for 90 Day Non-Inferiority Study, NORSE EIGHT, and Announces Private Placement of Up to $172 Million to Advance ONS-5010

Retrieved on:

Tuesday, January 23, 2024

Additionally, Outlook Therapeutics entered into securities purchase agreements with certain institutional and accredited investors for up to $172 million in gross proceeds to fund the advancement of ONS-5010.

Key Points:

Additionally, Outlook Therapeutics entered into securities purchase agreements with certain institutional and accredited investors for up to $172 million in gross proceeds to fund the advancement of ONS-5010.
Outlook Therapeutics expects NORSE EIGHT topline results and resubmission of the ONS-5010 BLA by the end of calendar year 2024.
Outlook Therapeutics is working to address the open items and expects to resolve these comments prior to the expected completion of NORSE EIGHT.
The private placement is expected to provide up to $60 million in gross proceeds at closing, before deducting placement agent fees and offering expenses.

Best’s Market Segment Report: Farm Bureau Insurers Navigate Underwriting Challenges, Geographic and Business Concentration Issues

Retrieved on:

Thursday, January 18, 2024

Insurance, Professional Services, Aggregate, ALL, Policy, DPW, Organization, Marketing, News, AM Best, Growth

Most farm bureau exposures are centered on short- to medium-tailed personal lines business.

Key Points:

Most farm bureau exposures are centered on short- to medium-tailed personal lines business.
The report notes that despite overall premium growth, farm bureaus have displayed a trend of decreased market share in their primary lines of business.
One-third of the single-state farm bureaus have double-digit market shares in their top lines of business; just two have double-digit market shares in both of their two primary lines of business.
“Given these considerations, some farm bureaus achieve premium diversification by acquiring smaller insurers outside of their home territory,” Lewis said.

F3 Receives $8,224,747 from Exercise of Warrants

Retrieved on:

Friday, November 17, 2023

Aggregate, FUU, Nuclear energy, PLN, Exercise

Kelowna, British Columbia--(Newsfile Corp. - November 17, 2023) - F3 Uranium Corp. (TSXV: FUU) (the "Company" or "F3") is pleased to announce that it has received total proceeds of $8,224,747 from the exercise of warrants, between May 12, 2023, and November 10, 2023.

Key Points:

Kelowna, British Columbia--(Newsfile Corp. - November 17, 2023) - F3 Uranium Corp. (TSXV: FUU) (the "Company" or "F3") is pleased to announce that it has received total proceeds of $8,224,747 from the exercise of warrants, between May 12, 2023, and November 10, 2023.
The Aggregate proceeds received from the exercise of the warrants will be used for future exploration work on the Company's projects, corporate development and general corporate and working capital purposes.
"We are pleased to see over $8 million in warrants exercised.
Adam Giddens is the director of Torque but holds no securities in F3 and no securities will be issued in connection with Torque's engagement.

Community Health Systems, Inc. Announces Early Tender Results for Its 8.000% Senior Secured Notes Due 2026

Retrieved on:

Tuesday, December 26, 2023

Hospitals, Health, Nursing, Other Health, Aggregate, Tender, Date, Note, Tender offer

The withdrawal deadline for the Tender Offer was 5:00 p.m., New York City time, on December 22, 2023, and has not been extended.

Key Points:

The withdrawal deadline for the Tender Offer was 5:00 p.m., New York City time, on December 22, 2023, and has not been extended.
The settlement date for 2026 Notes validly tendered as of the Early Tender Deadline and accepted for purchase is expected to occur on December 28, 2023 (the “Early Payment Date”).
However, because the aggregate principal amount of the 2026 Notes validly tendered and not validly withdrawn as of the Early Tender Deadline exceeds the Tender Cap, the Issuer does not expect to accept for purchase any 2026 Notes tendered after the Early Tender Deadline.
Holders must make their own decision as to whether to tender any of their 2026 Notes, and, if so, the principal amount of 2026 Notes to tender.

Genesee & Wyoming’s Rail Link, Inc. Switching Subsidiary Wins Five New Contracts across Multiple Industries and Geographies

Retrieved on:

Monday, November 27, 2023

Genesee & Wyoming Inc. (G&W) today announced that its railcar switching subsidiary, Rail Link, Inc., has secured five new contracts across the U.S. since September.

Key Points:

Genesee & Wyoming Inc. (G&W) today announced that its railcar switching subsidiary, Rail Link, Inc., has secured five new contracts across the U.S. since September.
“Rail Link’s value proposition and longstanding experience with a variety of commodities are clearly resonating with customers in multiple industries and geographies who are looking for safe, efficient and competitive transportation services,” says Jason Bradt, vice president of Rail Link operations.
More information about Rail Link, which was founded in 1996, and its suite of services can be found at https://gwrr.com/industrial-switching .
About Genesee & Wyoming Inc.
G&W owns or leases 116 freight railroads with 7,300 employees serving 3,000 customers.

Ecoverse Introduces New Aggregate Division and North American Distribution Agreement with Roco for Crushing and Screening Product Line

Retrieved on:

Monday, October 23, 2023

Connolly, Recycling, Demolition, ICON, History, Biophysical environment, SPRINTER, Maintenance, Fuel, Partnership, Professional, Aggregate, Crusher, Dimension stone, Heavy equipment

AVON, Ohio, Oct. 23, 2023 /PRNewswire-PRWeb/ -- Ecoverse, North America's leader in Environmental Processing Equipment, has created a new Aggregate Processing Division to meet the needs of the Recycling, Demolition, and Aggregate industries, and has bolstered its product diversity by signing an exclusive distribution agreement with Roco to market its innovative line of crushing and screening products in North America.

Key Points:

Ecoverse has created a new Aggregate Processing Division to meet the needs of the Recycling, Demolition, and Aggregate industries, and announces an exclusive distribution agreement with Roco to market its crushing and screening products in North America.
AVON, Ohio, Oct. 23, 2023 /PRNewswire-PRWeb/ -- Ecoverse, North America's leader in Environmental Processing Equipment, has created a new Aggregate Processing Division to meet the needs of the Recycling, Demolition, and Aggregate industries, and has bolstered its product diversity by signing an exclusive distribution agreement with Roco to market its innovative line of crushing and screening products in North America.
"We are pleased to announce our partnership with Roco and bring their innovative product line to our existing customers, and new customers throughout the aggregates industry," said Ecoverse president Hugh Fagan.
For more information on Roco crushers, contact Ecoverse at 440-937-3225 or email sales (at) ecoverse (dot) net.

MultiMetaVerse Holdings Limited (Nasdaq: MMV) Enters Into Debt Conversion Agreement with Gaea, and Term Sheets With PIPE Investors

Retrieved on:

Tuesday, September 12, 2023

PIPE, Oasis, Aggregate, Animation, Investment, Security (finance)

The debt conversion will reduce the Company's gearing ratio and future cash out flows relating to financing activities.

Key Points:

The debt conversion will reduce the Company's gearing ratio and future cash out flows relating to financing activities.
In addition, the Company has entered into a non-binding term sheet with Oasis of the Seas Holdings Limited ("Oasis"), a prospective PIPE investor, on September 8, 2023.
Oasis agrees to subscribe no more than 20,000,000 Class A Ordinary Shares of the Company upon certain conditions, at a per share price of US$1.00.
The capital raised from this series of investments by PIPE investors will be used for general working capital and potential transactions.

Summit Materials to Combine with Argos USA, Creating a Materials-Led Enterprise with National Scale

Retrieved on:

Thursday, September 7, 2023

DENVER, Sept. 7, 2023 /PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM) ("Summit," "Summit Materials," "Summit Inc." or the "Company") is pleased to announce it has entered into a definitive agreement with Cementos Argos S.A. (CCB.CN, CEMARGOS CB) ("Cementos Argos") under which Summit will combine with Argos North America Corp. ("Argos USA"), the U.S. operations of Cementos Argos in a cash and stock transaction valued at $3.2 billion.

Key Points:

Argos USA has a total installed cement grinding capacity of 9.6 million tons per annum with additional import capacity providing incremental scale and operational flexibility.
Anne Noonan, Summit Materials President and CEO said, "Combining Argos USA with Summit is a significant milestone as we execute against and accelerate our materials-led portfolio strategy.
The Summit Board of Directors is expected to comprise eight Summit-appointed representatives and three representatives appointed by Cementos Argos.
Morgan Stanley & Co. LLC is acting as financial advisor and Davis Polk & Wardwell LLP is acting as legal counsel to Summit Materials.