DPW

BILLERICA DEPARTMENT OF PUBLIC WORKS JOIN TEAMSTERS

Retrieved on: 
Monday, March 4, 2024
Engineering, DPW, Tree, Public works, International Brotherhood of Teamsters, Local

BILLERICA, Mass., March 4, 2024 /PRNewswire/ -- Approximately 65 workers at Billerica Department of Public Works have voted to organize with Teamsters Local 25 in Boston. The new members work as town hall custodians and in the cemetery, engineering, highway, parks and trees, sewer, wastewater, and water divisions.

Key Points: 
  • BILLERICA, Mass., March 4, 2024 /PRNewswire/ -- Approximately 65 workers at Billerica Department of Public Works have voted to organize with Teamsters Local 25 in Boston.
  • "These workers had been representing themselves for several years but saw what DPW Teamsters in neighboring communities were able to achieve," said Tom Mari, President of Local 25.
  • "Billerica DPW has been a small association for more than 40 years – and after many recent discussions, we decided it was time to join a well-known union that strives to maintain workers' rights and fair wages," said Anthony Amato, a heavy motor equipment operator at Billerica Department of Public Works.
  • Teamsters Local 25 represents more than 12,000 members and their families in greater Boston and southern New England.

SANY's Commitment to Carbon Neutrality: Paving the Way for a Sustainable Future

Retrieved on: 
Wednesday, February 28, 2024
Hydrogen, Windpower Monthly, United, USD, Pressure, Silicon, Mining, Topcon, Sany, DPW, United Nations, Gold, PSA, SANY, Farm, Wind, Renewable energy

SANY Group ("SANY") is actively participating in this drive by providing integrated solutions for clean energy operations and driving green industrial transformation.

Key Points: 
  • SANY Group ("SANY") is actively participating in this drive by providing integrated solutions for clean energy operations and driving green industrial transformation.
  • SANY's hydrogen refueling stations use alkaline electrolysis with a maximum current density of 8000A/㎡, operating at 35Mpa pressure, and refueling at a speed of 5kg/min.
  • Each section plans sales of 11.3 billion USD per year and profits of 1 billion USD per year in the next three years.
  • It tailors approaches, empowering customers with confidence on their journeys towards a low-carbon future.

SANY's Commitment to Carbon Neutrality: Paving the Way for a Sustainable Future

Retrieved on: 
Wednesday, February 28, 2024
Hydrogen, Windpower Monthly, United, USD, Pressure, Silicon, Mining, Topcon, Sany, DPW, United Nations, Gold, PSA, SANY, Farm, Wind, Renewable energy

SANY Group ("SANY") is actively participating in this drive by providing integrated solutions for clean energy operations and driving green industrial transformation.

Key Points: 
  • SANY Group ("SANY") is actively participating in this drive by providing integrated solutions for clean energy operations and driving green industrial transformation.
  • SANY's hydrogen refueling stations use alkaline electrolysis with a maximum current density of 8000A/㎡, operating at 35Mpa pressure, and refueling at a speed of 5kg/min.
  • Each section plans sales of 11.3 billion USD per year and profits of 1 billion USD per year in the next three years.
  • It tailors approaches, empowering customers with confidence on their journeys towards a low-carbon future.

Best’s Special Report: U.S. Surety Growth and Profitability Bolstered by Public Projects

Retrieved on: 
Thursday, February 1, 2024
Insurance, Professional Services, Growth, Congress, Government, News, AM Best, Data, DPW, Inflation, ALL

In its Best’s Market Segment Report, AM Best notes that government spending on infrastructure projects contributed to a growth in surety premiums in 2023 and should have an even greater impact as more public projects commence in 2024.

Key Points: 
  • In its Best’s Market Segment Report, AM Best notes that government spending on infrastructure projects contributed to a growth in surety premiums in 2023 and should have an even greater impact as more public projects commence in 2024.
  • Growth in private construction spending will likely continue as the construction market benefits from lower borrowing costs in 2024.
  • U.S. surety DPW grew at a median rate of 5% annually between 2012 and 2022.
  • “The commitment to infrastructure investment, and the construction spending that goes with it, has led to a boost in surety premiums, with surety bonds for new construction projects,” Graham said.

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.

Corvias’ Energy & Utility Projects Support Army’s 100% Renewable Goals

Retrieved on: 
Thursday, December 14, 2023
Defense, Environment, Residential Building & Real Estate, Sustainability, Military, Construction & Property, Climate Change, Lighting, Department of Defence, Climate change, GSHP, Senior, Carbon footprint, White, ACS, DPW, Multimedia, Energy, Army, Partnership, Water, Electricity, Daniele Corvia, Renewable energy, United States Army

Just last week, the U.S. Deputy Secretary of Energy announced initiatives, such as battery storage development for grid stability, to further support energy resilience and climate goals.

Key Points: 
  • Just last week, the U.S. Deputy Secretary of Energy announced initiatives, such as battery storage development for grid stability, to further support energy resilience and climate goals.
  • “Corvias continues to support the Army and their energy goals by incorporating creative funding opportunities, innovative development plans, and providing energy efficient communities through meaningful utility and infrastructure upgrades,” said Varela.
  • In addition, Corvias has invested in renewable energy projects, in partnership with the local Army directorates of public works (DPW), utility companies, and utility commissions, to construct over 34 MW of solar projects.
  • Corvias continues to expand its team of energy and utility experts who are developing energy savings and resiliency solutions to support its Army partner, service members, and military families.

Best’s Market Segment Report: AM Best Maintains Stable Outlook on China’s Non-Life Insurance Segment

Retrieved on: 
Wednesday, November 29, 2023
Insurance, Professional Services, Risk, DPW, C-ROSS, AM Best, Relaxation, Data, News, ALL, CNY

The Best’s Market Segment Report, “Market Segment Outlook: China Non-Life Insurance,” also notes the industry’s solvency position remains robust, albeit with higher capital requirements under C-ROSS Phase II.

Key Points: 
  • The Best’s Market Segment Report, “Market Segment Outlook: China Non-Life Insurance,” also notes the industry’s solvency position remains robust, albeit with higher capital requirements under C-ROSS Phase II.
  • Another significant trend is the exponential growth in electric vehicle sales, which has led to rising demand for motor insurance.
  • AM Best expects that non-motor lines will fuel development of China’s non-life market over the medium term.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Best’s Market Segment Report: US Nonstandard Auto Insurers Aim for Improved Underwriting Results

Retrieved on: 
Tuesday, November 28, 2023
Professional Services, Insurance, Finance, AM Best, DPW, News, ALL, Industrial Research Institute

The U.S. nonstandard auto insurance segment continues to experience poor results, although the first-half 2023 underwriting loss of $333 million was an improvement over the $773 million loss seen in the same previous-year period, according to a new AM Best report.

Key Points: 
  • The U.S. nonstandard auto insurance segment continues to experience poor results, although the first-half 2023 underwriting loss of $333 million was an improvement over the $773 million loss seen in the same previous-year period, according to a new AM Best report.
  • The Best’s Market Segment Report, “Nonstandard Auto Insurers Aim for Improved Underwriting Results,” states that the results of the companies that make up AM Best’s private passenger nonstandard auto (PPNSA) composite reflect persistent rate inadequacy concerns, as well as inflationary pressures that have contributed to rising claim costs.
  • AM Best’s market segment outlook on the U.S. personal automobile segment, of which the nonstandard auto insurance market is a small part, is negative given operating conditions and results.
  • The report also notes that historically, the complexities of insuring higher-risk policyholders have contributed to the nonstandard insurance composite’s results being weaker than that of the standard private passenger auto market.

Deloitte and DPW form alliance to push the limits of innovation in procurement

Retrieved on: 
Thursday, October 19, 2023
Digital, Organization, Ecosystem, DPW, Partnership, Accounting

AMSTERDAM, Oct. 19, 2023 /PRNewswire/ -- Deloitte , the global leader in professional services and DPW (Digital Procurement World), the global orchestrator of the procurement innovation ecosystem, are proud to announce a strategic alliance formed to redefine the boundaries of innovation in procurement.

Key Points: 
  • AMSTERDAM, Oct. 19, 2023 /PRNewswire/ -- Deloitte , the global leader in professional services and DPW (Digital Procurement World), the global orchestrator of the procurement innovation ecosystem, are proud to announce a strategic alliance formed to redefine the boundaries of innovation in procurement.
  • Founded in 2019, DPW stands as the global leader in the procurement innovation ecosystem and has gained prominence as the most impactful procurement technology community.
  • Under the umbrella of this strategic partnership, DPW LABS and Deloitte will partner together to bring procurement innovation to organizations.
  • Herman Knevel, co-founder, DPW LABS, co-CEO, DPW: "We are excited about this strategic partnership with Deloitte to join forces and make tech work.

Deloitte and DPW form alliance to push the limits of innovation in procurement

Retrieved on: 
Thursday, October 19, 2023
Digital, Organization, Ecosystem, DPW, Partnership, Accounting

AMSTERDAM, Oct. 19, 2023 /PRNewswire/ -- Deloitte , the global leader in professional services and DPW (Digital Procurement World), the global orchestrator of the procurement innovation ecosystem, are proud to announce a strategic alliance formed to redefine the boundaries of innovation in procurement.

Key Points: 
  • AMSTERDAM, Oct. 19, 2023 /PRNewswire/ -- Deloitte , the global leader in professional services and DPW (Digital Procurement World), the global orchestrator of the procurement innovation ecosystem, are proud to announce a strategic alliance formed to redefine the boundaries of innovation in procurement.
  • Founded in 2019, DPW stands as the global leader in the procurement innovation ecosystem and has gained prominence as the most impactful procurement technology community.
  • Under the umbrella of this strategic partnership, DPW LABS and Deloitte will partner together to bring procurement innovation to organizations.
  • Herman Knevel, co-founder, DPW LABS, co-CEO, DPW: "We are excited about this strategic partnership with Deloitte to join forces and make tech work.