Afternoon Coffee: U.S. Trade Deficit Widens; Tesla Sued by Supplier; Air Force in the Quadcopter Drone Market

The U.S. merchandise-trade deficit "widened for a second month to the highest level since a record in December as exports dipped," as reported by Bloomberg.

“The goods-trade gap grew to $72.1 billion in April from $71.9 billion the month earlier, according to Commerce Department figures Thursday, slightly undershooting economist estimates for an increase in the deficit to $72.7 billion,” the article stated.

Metal alloy supplier sues Tesla

French metal alloy supplier Lebronze Alloys has filed a lawsuit with the Northern District of California claiming automaker Tesla had not paid its bills totaling 1,559,420 Euros ($1,768,460).

According to the claim, Tesla was in breach of contract with the supplier and engaged in fraud and deceit related to product refusals claiming damaged goods.

U.S. Air Force wants to buy new quadcopter

The U.S. Air Force has announced its intent to acquire a quadcopter drone called InstantEye from Massachusetts-based research and development firm, Physical Sciences, Inc.

Per an announcement on the Federal Business Opportunities website, some Seymour Johnson Air Force Base officials have said they planned to order the InstantEye MK-3 GEN4-D1 Unmanned Aerial System. Physical Sciences is the only company that produces Air Force approved quadcopter systems.

Chattanooga company to expand supply chain innovation lab

Kenco Logistics, a third-party supply chain management and logistics company, plans to expand its Supply Chain Innovation Lab. Originally inaugurated in 2015, the new dedicated warehouse facility will be spread across 10,000 square feet. It will be a test facility for potential supply chain management solutions and technological advances.

Food City implements GlobalWorx solution

Southeastern grocer Food City has implemented the OOS-Alert store level collaboration solution from GlobalWorx across its retail locations. "Our top priority is to meet and exceed the demands of our customers each time they shop with us, so we always want to address potential out-of-stock issues before they happen," said Dan Glei, SVP of merchandising and marketing at Ablingdon, Virginia-based K-VA-T Food Stores, Food City's parent company, was quoted as saying.

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