UK business confidence sinks after Brexit vote

A new survey has revealed a dramatic decline in business confidence in the UK following the vote to leave the European Union.

The YouGov/Cebr Business Confidence Index stood at 112.6 just before the referendum, but has since fallen to 105.0 as businesses reflect on the possible consequences of the decision.

The Centre for Economics and Business Research (Cebr) noted, however, that the negative outlook among UK businesses may be a ?knee jerk? reaction to the Brexit vote rather than an attitude that will persist in the long term.

Businesses were questioned between 28 June and 1 July, with the results compared against a similar survey taken on 21-23 June.

This showed that the share of firms feeling pessimistic about the economic outlook over the next 12 months doubled from 25% to 49%. What?s more, gloominess about businesses? own outlooks increased by ten percentage points over the same period (moving from 16% before the referendum to 26% after it).

A closer look at how businesses feel about their own operations reveals that hopes for domestic sales, exports and capital investment have dropped sharply. The index tracking expectations for domestic sales fell by almost 14 points in a week, hopes for exports declined by 15 points and investment expectations dropped by almost eight points.

Commenting on the report, Cebr director Scott Corfe said: ?These figures show what is happening on the ground and they suggest a significant shock reaction. Not only are businesses feeling much more pessimistic in general about the state of the economy, but their own expectations for domestic sales, exports and investments over the next 12 months have gone off a cliff. Hopefully this is a short-term panic reaction and confidence will edge up again once the dust settles.?

A separate survey by the Federation of Small Businesses (FSB), taken before the referendum, provides further evidence that UK businesses are facing an uncertain future.

The FSB Small Business Index recorded small business confidence at a four-year low and found that smaller firms are planning to cut jobs for a second consecutive quarter. Meanwhile, just 12.2% of small firms are planning new capital investment in the next 12 months – less than half of the 31.9% planning the same a year ago – despite improvements in the availability and affordability of credit.

FSB national chairman Mike Cherry called on the Government to ease the cost of doing business.

?For the first time since 2009, the UK economy faces a real chance of a recession,? Cherry said. ?To head this off, we need to do everything we can to support small firms to grow, create jobs, and weather the harsh economic headwinds.?

DFW designated e-airport for air freight

Dallas Fort Worth (DFW) International Airport has been named one of two airports in the US to be fully electronic airway bill (e-AWB) compliant, as designated by the International Air Transport Association (IATA), the company said.

Airlines and cargo handling companies at DFW International Airport are using technology to streamline the documentation process for shipping international air freight. The implementation of e-AWBs has increased speed and productivity, improved security, enhanced customer service, and achieved greater environmental sustainability, by replacing 30 different paper forms with electronic transmissions.

To qualify as an e-airport, the majority of airlines and cargo ground handlers at DFW had to adopt e-AWBs with every international air freight shipment. Ten of the 16 airlines that participate in the IATA e-AWB program operate at DFW, including American Airlines, three other carriers that operate passenger-only services, two airlines that operate freighter services, and four carriers that operate both passenger and freighter flights.

IATA is a member-based airline industry trade association that works with its 260 member airlines to promote safe, reliable, secure, and economical air travel.

Dallas Fort Worth International (DFW) Airport is centered between its owner cities of Dallas and Fort Worth, Texas. DFW serves as a major economic generator for the North Texas region, producing over USD37 billion in economic impact each year by connecting people through business and leisure travel.

Hainan Airlines launches new collaboration with DreamWorks Animation

Hainan Airlines has launched a new collaboration with DreamWorks Animation to feature the Kung Fu Panda film franchise on Hainan´s fleet, which provides nonstop service between China and seven North American destinations, the company said.

The agreement will include up to six specially designed Kung Fu Panda-themed liveries for Hainan´s new Boeing 787-9 Dreamliners, delivered in 2016 and 2017. These full-wrap designs will showcase characters and scenes from the blockbuster film franchise, including Po, Tigress, Monkey and others, and will remain for a three-year period.

The inaugural flight of Hainan´s first 787-9 Dreamliner to Los Angeles is a nod to the home of DreamWorks Animation. Hainan operates both the 787-8 and now the newest 787-9 Dreamliner in its fleet. The larger 787-9 features 289 seats in a two-class configuration and is an update to Boeing´s industry-leading airplane.

Hainan Airlines is a large independent airline in Mainland China. The airline flies nonstop between China and Seattle, Silicon Valley (SJC), Los Angeles (LAX), Chicago, Boston, Toronto and Calgary.

UPS, pilots reach tentative agreement on new labor contract

Independent Pilots Association (IPA) and UPS Airlines (NYSE: UPS) have reached a tentative agreement, providing for improvements across all sections of the new five-year labor contract, the company said.

The contract must be ratified by a majority of UPS´s 2,600 pilots. The vote by the pilots will be completed on Aug. 31. If ratified, the new contract will become effective on Sep. 1, 2016, and become amendable on Sep. 1, 2021.

IPA said the agreement has been unanimously approved and endorsed by both the IPA Executive Board and Negotiating Committee. Over the next month it will be presented to members with an unqualified recommendation for ratification.

UPS is a logistics company, offering solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide.

Independent Pilots Association is the collective bargaining unit representing the more than 2,600 professional pilots who fly for United Parcel Service, the world´s largest transportation company. The IPA is headquartered in Louisville, Kentucky.

ABB expands with opening into Silicon Valley campus

ABB, a global provider of power and automation technologies, has expanded its presence in Silicon Valley, the heart of the world´s technology economy, bringing together robotics, solar, gas analyzers, software development, and wireless communications under one roof for better integrated development and customer interaction, the company said.

The new 94,170 square foot office and lab facility is 20,000 square feet larger than the previous cumulative locations and will ultimately house nearly 200 employees when at full capacity.

The facility, in San Jose´s “Renovation Row,” brings together five ABB businesses, including ABB Wireless, ABB Enterprise Software product group, ABB Power Conversion, Los Gatos Research and ABB Robotics.

ABB´s roots in Silicon Valley date back to the 1960s when Systems Control was founded in Palo Alto, California. Systems Control was acquired by ABB in the 1980s and eventually became ABB´s Enterprise Software unit in Silicon Valley. Over the years, this ABB unit has pioneered numerous solutions for the utility industry to help its customers operate and maintain a more efficient and greener reliable electrical gird.

Transbeam encourages performance monitoring in hybrid cloud environments

Transbeam has introduced its new Intelligent Network Monitoring (INM) service, a part of Transbeam´s network services package, which can also be implemented as a stand-alone solution, giving network administrators visibility into and control of their networks, even when links are provided by a variety of carriers, the company said.

The company hybrid cloud adoption has increased with private cloud adoption at 77 percent, up from 63 percent last year, according to RightScale´s 2016 State of the Cloud report.

With this transformation from more to less on-premises equipment and provisioning of on-site services increases the need for bandwidth. Employees must increasingly access the Internet perform their jobs, ratcheting up their percentage of legitimate–vs. non-work-related–visits to the Web.

For organizations unprepared for this increased network usage, downtime–as systems slow or halt due to heavy loads–can become a problem, even for companies that thought they had downtime licked. To avoid this, network administrators must stay on top of network capacity and address limitations as they arise.

The company encourages right sizing the network to avoid downtime, save money, monitor improved performance,

Boeing opens collaborative autonomous systems laboratory in Missouri

Boeing (NYSE: BA) has opened a new research laboratory to test hardware and software that will make a new generation of autonomous air, sea and land vehicles work together more effectively as a team or unit, the company said.

The lab will serve as the company´s location for collaborative autonomous technology development with academic institutions and research partners, including government agencies and other companies.

The Collaborative Autonomous Systems Laboratory is dedicated to the development, maturation and validation of autonomous and multi-vehicle collaboration technologies.

BR&T is the company´s advanced research and development organization, providing technologies that enable the development of future aerospace solutions while improving the cycle time, cost, quality and performance of existing Boeing products and services. BR&T has 11 research centers around the world in Australia, Brazil, China, Europe, India, Russia and the United States, including Alabama, California, Missouri, South Carolina and Washington.

Flash helps storage designers create products that work with expanding cloud usage

Flash Memory Summit has helped storage designers understand the role flash plays in light of the fact cloud computing will take up almost half of the IT infrastructure market by 2019, the company said.

The company said flash technology is essential for both hybrid and public clouds to ensure high performance and security. It also plays a key role in data centers facing data growth and demand for ever more sophisticated analytics.

FMS features the trends, innovations, and influencers driving the adoption of flash memory in enterprise storage applications, as well as in smartphones, tablets, and mobile and embedded systems.

ACL Airshop names director, general manager of Asia Pacific operations

ACL Airshop, a supplier of products and services for the global air cargo industry, has promoted of Pieter van Calcar to the position of director and general manager, Asia Pacific Operations, based in Singapore and Hong Kong, the company said.

Since its original founding in 1983, ACL Airshop, has become a one-stop shop for leasing, sales, repair and management of Unit Load Devices (ULDs) and cargo net/strap manufacturing for the aviation industry. The company operates on six continents, at more than half of the world´s top fifty air cargo hub airports.

Van Calcar has over 30 years´ business experience in Asia, with over 20 of those years serving the air cargo markets. The Asia Pacific region is considered a strategic priority by ACL´s board of directors due to the long-term growth trends expected there. He is designated as a full member of the executive team for ACL Airshop, with broad responsibility and authority across the company´s burgeoning operations in his geographic region. He held senior regional management roles prior to ACL Airshop in air cargo-related companies such as VRR and Zodiac/Driessen.

ACL Airshop provides products and services to numerous leading air carriers. ACL Airshop operates in five highly complementary business segments: cargo control products manufacturing, ULD leasing, ULD sales, ULD repairs, and ULD logistics management. ACL Airshop is a wholly owned subsidiary of Ranger Airshop Holdings, Inc. of Greenville SC, the latest aviation investment platform created by Ranger Aerospace.

Anritsu introduces measurement option reducing time and cost of RRH, 4G network testing

Anritsu Company has introduced CPRI RF measurement capability in its E series of Site Master, Spectrum Master, and Cell Master handheld field analyzers that simplifies and lowers the cost of testing remote radio heads (RRHs) installed atop 4G towers, the company said.

The new option reduces network OpEx by allowing wireless carrier engineers, technicians and contractors responsible for wireless networks to identify interference sources on the radio uplink at ground level, reducing the use of unnecessary and costly tower climbing crews.

With the CPRI RF Measurement option installed, the E series analyzers provide users with a number of advantages when installing, maintaining and optimizing wireless networks. Its sweep speed is 10x faster than competitive solutions and allows the Anritsu solutions to capture all interfering signals, including intermittent interferers, easily.

Anritsu Company is the United States subsidiary of Anritsu Corporation, a global provider of communications test and measurement solutions for 120 years. The company develops advanced solutions for 5G, M2M, IoT, as well as other emerging and legacy wireline and wireless communication markets. With offices throughout the world, Anritsu has approximately 4,000 employees in over 90 countries.