Category Archives: Managerial Econ

Posts relevant to Managerial Economics.

Four fundamentals of workplace automation

An excellent article on automation. It will be specific activities in jobs that will be automated. So each of us will see large pieces of our jobs go away, not just low income work.  and much dangerous or low skill work will not go away since it cannot be automated well.   It has many ramifications for industries like ocean shipping. Will the captain’s and mate’s job disappear? No, but many of the things they do will, and jobs will need to be consolidated.

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As the automation of physical and knowledge work advances, many jobs will be redefined rather than eliminated—at least in the short term. A McKinsey Quarterly article.

Source: Four fundamentals of workplace automation

France’s CMA CGM Favorite in NOL Bid

Updated 2015 11 22

Now it is an exclusive with CMA/CGM.

American Shipper

Source: NEWS FLASH: NOL enters exclusive acquisition talks with CMA CGM | AS Daily Newsletter | AS Daily | American Shipper

 

More gossip about the takeover of NOL.

Shipper Neptune Orient Lines was trading 6.6% higher at $1.135 a share, outperforming the broader index’s 0.8% gain, following news overnight that CMA CGM SA, the French container transportation and shipping company, is emerging as an early favorite to buy the company.

Source: France’s CMA CGM Tipped as Favorite in Neptune Orient Lines Bid – Supply Chain 24/7

Injecting sunshine to produce oil at Miraah Project

This article shows an innovative approach to the problems of oil production, using solar to heat the recovery water. It saves more energy than all the electric cars in America, and eliminates use of enough natural gas to heat over 200,000 homes.

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Correspondent Leslie Mansfield catches up with Ron MacGregor, President and CEO of GlassPoint Solar to talk about the blossoming romance of solar and oil in this PennEnergy Exclusive interview.

Source: PennEnergy Exclusive: Injecting sunshine to produce oil – GlassPoint and PDO shine at ADIPEC 2015 with Miraah Project