Mexico averages five cargo theft incidents a day in June

Main targets were trucks transporting food and beverages, construction materials In June, Mexico averaged five cargo truck thefts per day for a total of 150 reported incidents across the country’s roadways, according to data from the National Association of Vehicle Tracking and Protection Companies (ANERPV). Tractor-trailer thefts increased 4.1% year-over-year in June from the same […]

Worldwide Spending on Artificial Intelligence Forecast to Reach $632 Billion in 2028, According to a New IDC Spending Guide

NEEDHAM, Mass. – Worldwide spending on artificial intelligence (AI), including AI-enabled applications*, infrastructure, and related IT and business services, will more than double by 2028 when it is expected to reach $632 billion, according to a new forecast from the International Data Corporation (IDC) Worldwide AI and Generative AI Spending Guide. The rapid incorporation of AI, […]

BIS Imposes $5.8 Million Penalty Against Pennsylvania Company for Shipments of Low-Level Items to Parties Tied to the PRC’s Hypersonics, UAV, and Military Electronics Programs

WASHINGTON, D.C. – As part of a settlement agreement to resolve alleged violations of U.S. export controls, the Department of Commerce’s Bureau of Industry and Security (BIS) imposed a $5.8 million civil penalty against TE Connectivity Corporation (TE), located in Middletown, Pennsylvania, and TE Connectivity HK Limited, located in Kwai Chung, New Territories, Hong Kong, […]