Industry News

Aurizon and Pacific National. As Glencore Coal is divesting GRail through a competitive bid process, the ACCC is currently assessing the proposals against the alternative scenario of a new player entering the market by acquiring GRail. "The Hunter Valley coal haulage market appears to have high barriers..."/>
ACCC releases statement of issues on Aurizon and Pacific National's competing proposals to acquire GRail
Veidekke ASA: Good home sales - extremely high sales ratio
SpiceJet Ltd on Wednesday said it is increasing its flights to northeast India and will also start international flights from the region soon. The airline is launching flights on the Kolkata-Silchar-Guwahati; Kolkata-Aizawl-Guwahati; and Kolkata-Gorakhpur-Delhi routes. It is launching first direct daily flights on Guwahati-Silchar, Guwahati-Aizawl, Aizawl-Kolkata, Gorakhpur-Delhi and Gorakhpur-Kolkata routes."/>
SpiceJet says increasing North-East footprint [Mint, New Delhi]
Sears department store with new tenants, such as restaurants and boutique shops. The change is being sought by Sears' landlord, Seritage Growth Properties, a real estate investment trust spun out of the department store chain. Sears now leases its stores from Seritage."/>
For lease: Sears' store at Town Center mall in Boca Raton [The Palm Beach Post, Fla.]
Chicago Tribune Robert Reed column [Chicago Tribune]
Elbit Systems Ltd. announced today that its US subsidiary Elbit Systems of America LLC has received a $7.3 million contract to supply the Bradley Fighting Vehicle Gunner's Hand Station to the US Army. The Defense Logistics Agency sole-source contract will be performed during a two-year period with work being completed in Fort Worth, Texas. The Gunner's Hand Station provides Bradley vehicle gunners the ability to acquire their..."/>
BRIEF: Elbit wins $7.3m US Army vehicle gunner's deal [Globes, Tel Aviv, Israel]
FedEx is hiring 650 people in Hagerstown as it prepares to add more than 50,000 seasonal positions throughout its network for the holiday season, according to a news release. The openings include package handlers, drivers and other support positions. FedEx is hiring seasonal workers now and will continue to add more as needed to help holiday packages arrive on time."/>
BRIEF: FedEx looks to stock up on temporary workers for holidays, will hire 650 in Hagerstown [The Frederick News-Post, Md.]
Vectrus Inc. said Wednesday it has formed a joint venture with Virginia-based PAE to bid on a $150 billion Army contract to provide a wide array of support and logistics services for deployed troops in contingency operations worldwide. The move comes less than a week after Vectrus lost its biggest military contract-- which generated nearly 20 percent of its annual revenue-- triggering a 44.8 percent plunge in its stock..."/>
Vectrus looks to joint bid on $150 billion contract after setback [The Gazette (Colorado Springs, Colo.)]
Apple iPhone 7' s hissing sounds, Google seems to have hit bullseye with the timely launch of its Google Pixel smartphones-- Pixel and Pixel XL. Analysts believe that Google's smartphones will be the safe choice for consumers who seek a return on investment as they want a premium smartphone with a good overall experience. "As far as competition is concerned we believe it gives..."/>
Google's Pixel to challenge Apple's iPhone, other premium Android handsets [Hindustan Times, New Delhi]
Apple way with the launch of the new devices along with Google Assistant. But this might have a ripple effect on partners such as HTC, Sony and Samsung. Experts believe that these companies will look again at alternatives to Google's Android."/>
Google's Apple-like stance may force partners to look at alternative OS [Hindustan Times, New Delhi]
PPG Industries plant near Mount Zion. A short time later, the company announced it was idling one of the two glass production lines at the facility."/>
Fuyao invests $200 million into remodeled facility [Herald & Review, Decatur, Ill.]
Caterpillar Inc., the Archer Daniels Midland Co. intermodal ramp and Fuyao Glass. In turn, opportunities could be opened up for..."/>
Tour starts opening foreign trade possibilities [Herald & Review, Decatur, Ill.]
IHS Markit, said the slowdown was reflective of a subdued expansion in new work-- the latest rise was the least marked in over six years. Job creation was also modest."/>
UAE non-oil private sector growth eases in September [Khaleej Times, Dubai, United Arab Emirates]

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