IFS announces outstanding 2024 financial results driven by increase in demand for Industrial AI
IFS has announces its strongest ever financial performance, for the year ending December 31, 2024. Sustained organic global growth fueled by demand for Industrial AI has driven Annual Recurring Revenue (ARR) to exceed €1 billion, with total revenue for the year at €1.228 billion. IFS FY2024 Key Results: Annual Recurring Revenue increased by 32% YoY Cloud Revenue increased by 38% YoY The impact of AI within the industrial setting is...
AAR Reports Rail Traffic for the week ending January 18, 2025
Today, the Association of American Railroads (AAR) reported U.S. rail traffic for the week ending January 18, 2025. This week’s total U.S. weekly rail traffic was 500,160 carloads and intermodal units, up 25.9 percent compared with the same week last year. Total carloads for the week ending January 18 were 216,457 carloads, up 25.1 percent compared with the same week in 2024, while U.S. weekly intermodal volume was 283,703...
Carolina Handling donates proceeds from holiday book sales to Literacy Together
Carolina Handling has donated proceeds from sales of its holiday pop-up book, Santa’s One-Stop Integration Shop, presenting a $5,000 check to Literacy Together in Asheville, North Carolina. One of the country’s leading integrated material handling solutions providers, Carolina Handling published the children’s pop-up book to help educate customers and potential customers about the company’s continuing evolution from a forklift-only...
AAR applauds Patrick Fuchs STB Chairman Designation
AAR President and CEO Ian Jefferies issued the following statement on President Trump designation of Patrick J. Fuchs as Chairman of the Surface Transportation Board. “Chairman Fuchs has proven to be a thoughtful, solutions-oriented leader who lets data drive the decision-making process. Throughout his career, he has been committed to maintaining the balanced regulatory framework that allows railroads to invest while also offering...
PLASTICS Industry Association CEO: Eager to Work with New Administration, Collaboration and Protection of American Manufacturing
The Plastics Industry Association (PLASTICS) released the following statement in response to the inaugural celebration of President Donald J. Trump and Vice President JD Vance: “PLASTICS extends our sincere congratulations to President Donald J. Trump and Vice President JD Vance,” said PLASTICS President and CEO Matt Seaholm. “As the eighth-largest U.S. manufacturing sector, the plastics industry looks forward to collaborating with...
AAR Statement on the Inauguration of Donald J. Trump
AAR President and CEO Ian Jefferies issued the following statement on the inauguration of Donald J. Trump and JD Vance as the 47th President and Vice President of the United States. “Congratulations to President Trump and Vice President Vance. As they enter office, Americans are looking to them and Congress for sound policies that create lasting opportunity, deliver economic prosperity and keep our nation competitive. America’s...
December 2024 levels off with 138 new Industrial Manufacturing identified projects
Industrial SalesLeads released its capital project spending report, providing analysis and insights into current and upcoming investments across the industrial manufacturing sector. After an unpredictable Q1 and Q2, the second half of 2024 brought about more stability in industrial projects. Industrial SalesLeads tracks North American planned industrial capital project activity, including facility expansions, new plant construction,...
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