Air freight cargo management systems provider Hermes Logistics Technologies (HLT) has appointed Alexis Labonne (pictured above) as chief technology officer (CTO) as it prepares to roll out its latest version, Hermes 5 (H5).He who takes over from Oded Lavee and comes from a software development and architecture background. Previous roles have included stints as chief architect/CTO and enterprise architect for a number of companies, including Hitachi Consulting, BT, GSK, UK Council, Pfizer and KPMG.“My technical experience allows me to be both responsive to market demands, as well as changing technology trends,” he said.H5 will enter the market later this year, with a leading European handling agent amongst its first customers to deploy the new version.“Hermes has invested considerably to advance our technological infrastructure, as well as the Hermes functionality,” said Yuval Baruch, HLT chief executive. “Our H5 version is proof of our innovation-focused approach to the industry.”Mr Labonne will head a HLT team of air cargo technical experts following a digital roadmap to use the power of cloud services, IoT, AI and blockchain technologies.“I’d like to take this opportunity and thank Oded for his contribution to improving the Hermes system, internal processes and the recent major version that will be the base for our future,” added Mr Baruch. By Gavin van Marle 12/02/2018
Just over a month after stating their long-term commitment to John Harbaugh, the transitioning Ravens have finally made it official with a new four-year contract announced on Thursday.The Super Bowl XLVII-winning head coach who led Baltimore to its first AFC North championship since 2012 this past season is now under contract through 2022, removing any doubt about owner Steve Bisciotti’s choice to lead the Ravens into a new era. With Eric DeCosta now the general manager — with Ozzie Newsome remaining in a “significant” role — and Lamar Jackson the starting quarterback, Harbaugh will enter his 12th season as head coach with the Ravens trying to build upon their first trip to the playoffs since 2014 and facing a number of difficult roster decisions.“I’m very excited with this contract, the opportunity to continue our work here, and I’m humbled by it,” Harbaugh said in a statement released by the organization. “I am thankful for the support from the Ravens, especially Steve Bisciotti. We’re working hard to make the 2019 Ravens the best we can be. We have an excellent team foundation, and we have a great organization with smart, hard-working people.”It’s an outcome that appeared unlikely less than three months ago when Baltimore entered its Week 10 bye with a three-game losing streak and veteran quarterback Joe Flacco nursing a hip injury. Harbaugh and his coaching staff revamped a formerly pass-heavy offense with Jackson at the helm as the Ravens would go 6-1 and lead the NFL in rushing yards over the final seven weeks of the season. The changing of the guard at quarterback was completed prior to Week 15 when Harbaugh declared Jackson the permanent starter and benched a healthy Flacco, the Super Bowl XLVII Most Valuable Player and best signal-caller in franchise history who arrived in Baltimore at the same time as the head coach in 2008.With reports circulating about other teams’ interest in their head coach, the Ravens announced the night before their critical Week 16 tilt against the Los Angeles Chargers that Harbaugh would return for the 2019 season — the final year of his previous contract — as the sides worked toward a long-term extension. With players rejuvenated by the news, Baltimore secured its biggest road victory in years against the Chargers and clinched the division title with a win over Cleveland the following week, ending a three-year playoff drought with a 10-6 record.The challenge now becomes building a more balanced and sustainable offense to aid in the development of Jackson, who set an NFL record for rushing attempts by a quarterback (147) despite starting only seven games as a rookie. The Ravens didn’t ask the 2018 first-round pick to do much as a passer, a plan that worked beautifully over the second half of the season before being smothered by the Chargers in a 23-17 loss in the wild-card round. Jackson, 22, completed 58.2 percent of his passes for 1,201 yards with six touchdowns and three interceptions in the regular season, but he struggled with accuracy outside the numbers and his 15 fumbles — including three in the playoff loss — led the NFL.On Jan. 11, Harbaugh promoted Greg Roman to offensive coordinator after the assistant head coach and run-game guru was credited for implementing his rush-heavy schemes in the second half of the season. A target for criticism after the ugly playoff defeat to Los Angeles and throughout his three-year tenure, former offensive coordinator Marty Mornhinweg declined to remain on the coaching staff in a different capacity. Roman will become Harbaugh’s sixth offensive coordinator since the start of the 2012 season, a variable frequently cited in Flacco’s post-Super Bowl decline.Harbaugh’s 114 victories — including 10 postseason wins — are easily the most in Ravens history, and he is the only head coach in league history to win a playoff game in six of his first seven seasons. However, Baltimore owns a rather ordinary 50-46 regular-season record since the start of the 2013 season and has just one playoff victory over the last six years. Bisciotti acknowledged he considered replacing Harbaugh after the 2017 season, leading many to assume the 56-year-old was coaching for his job this past year despite having just one losing campaign in his career.The new four-year contract will silence the discussion about the coach’s future, but Harbaugh would be the first to dispute the notion of having long-term security in the crucible that is the NFL. The franchise’s history backs that claim as Bisciotti fired former head coach and Super Bowl XXXV winner Brian Billick only one season after awarding him a four-year extension in 2007.How the Ravens fare with Jackson at quarterback will be the largest factor in determining whether Harbaugh’s new contract serves more as a temporary reprieve or as the second act of what could eventually be a Hall of Fame coaching career.Bisciotti is certainly betting on the latter with the only head coach he’s ever hired.
Touch Football Australia would like to attention members to the following community notice centreing around the observance of World Diabetes Day, today Wednesday 14th November 2007.With the passage of the United Nations’ World Diabetes Day Resolution in December 2006, November 14 has now become a United Nations-observed day. The date was chosen because it marks the birthday of Frederick Banting, who, along with Charles Best, is credited with the discovery of insulin. The theme of this year’s World Diabetes Day campaign is Diabetes in Children and Adolescents.Diabetes is one of the most common chronic diseases of childhood. It can strike children at any age, including pre-school children and even toddlers. Yet diabetes in children is often diagnosed late, when the child has diabetic ketoacidosis (DKA), or it is misdiagnosed completely. The United Nations has shown its commitment to raising awareness of World Diabetes Day and by highlighting the global impact of diabetes.Over 246 million people are living with diabetes. Without concerted action to fight the disease, this figure will reach 380 million within a generation.World Diabetes Day is celebrated worldwide. It brings together millions of people in over 195 countries to raise awareness of diabetes, including children and adults affected by diabetes, healthcare professionals, healthcare decision-makers and the media. For further information visit www.worlddiabetesday.orgTouch Football Australia thanks you for your attention.
TagsOpinionAbout the authorEdward StratmannShare the loveHave your say Three key issues Solskjaer must address to clean up Man Utd messby Edward Stratmann10 months agoSend to a friendShare the loveIn the wake of Jose Mourinho’s sacking from Manchester United, the club have chosen to replace him with former hero Ole Gunnar Solskjaer. Stepping into the role of interim manager, the Norwegian has many issues to address in his quest to arrest the side’s fortunes and the negativity surrounding the club. Our columnist looks at three key issues he’ll need to confront…Boost morale and team happinessUnder the stewardship of Mourinho, a man who was never shy in criticising his players in public and letting his opinion fly in a forceful manner, there was no escaping the detrimental impact this had on the squad. Couple this with his pragmatic tactics and the palpable tension surrounding United was rife. On a massive downhill spiral, Man Utd currently find themselves 19 points behind table leading Liverpool as a result, an unacceptable position to be in for a club of United’s quality and stature. With Solskjaer now taking over the reigns, his first challenge will be to return some much needed confidence and positivity into this group. Crucially, he’s shown from his previous posts that he backs his players and shows plenty of belief in his troops. This should unquestionably be a breath of fresh air for a United team who had clearly grown tired of Mourinho’s demoralising style and approach. Sort out PogbaThe strained relationship between Paul Pogba and Mourinho had become a disappointing, ongoing saga, as the duo had been battling it out for the best part of a year. While Mourinho stoked the fire by publicly lambasting him many times and dropping him regularly, the French World Cup winner didn’t cover himself in glory either due to his antics, with his outspoken nature getting himself into hot water and frustrating Mourinho on many occasions. Never really seeming to trust Pogba, Mourinho duly struggled to get the best out of his £89 million star.Having previously stated his admiration of Pogba and worked with him during his time coaching the United reserves, Solskjaer will relish the opportunity to involve the former Juventus whizz. “I would [build the team around him], absolutely no doubt,” he said back in August. “That just shows how far the kid has come. Paul is a fantastic kid so hopefully we can build the team around him and keep him.”It’ll therefore be expected we’ll see the tremendously talented Pogba immediately restored to the starting lineup against Cardiff City this weekend, with the enigmatic midfielder set to be an integral component of the 45-year-old’s plans.Offensive football to returnAs the unrest grew on many fronts, the stifling tactics often implemented by the Portuguese manager were a key bone of contention among many. Judging on Solskjaer’s previous experiences, the new man in charge should bring some bolder, more attackingly geared football to Old Trafford, something that will be music to the United faithful’s ears.Although it’ll take some time for his ideas to bed in, once they’ve been taken on board, Solskjaer will be hoping to get his team playing some progressive and exciting possession football. Previously noting Pep Guardiola and Sir Alex Ferguson as two of his idols and never afraid to give youth a chance, he’ll insist on United building out from the back, pushing the full backs high and using the breathtaking pace and dynamism of the likes of Anthony Martial and Marcus Rashford to stretch defences.All things considered, he’s certainly got a massive task ahead of him to get things back on track to revive the ailing Manchester giants. Possessing an invaluable love and knowledge of the club, a desire to play offensive football and wanting to get his players back enjoying their football, watching him go about his work will be fascinating as he’ll do everything in his power to rejuvenate his beloved United.
Editor’s Note: The Casey Research offices are closed today in observance of President’s Day. In place of our regular daily market commentary, we’re sharing an interview between Casey Research editorial director Brian Hunt and Palm Beach Research Group co-founder Tom Dyson. Brian and Tom discussed a key investing strategy…one that elite investors Warren Buffett and Jim Rogers use to buy assets for extremely cheap prices. This strategy looks at world events in an unconventional way. And once you adopt this mindset, you’ll be ahead of 99% of all investors… Regards, Justin Spittler Delray Beach, Florida February 15, 2016 Tom Dyson: You say master investors and traders are often marked by their unconventional views on crises. Can you describe these views…and why they are part of master investors’ mindsets? Brian Hunt: Sure. I believe a trait great traders and investors almost always possess is the ability to appreciate a good crisis. A great investor sees crisis situations for what they usually are… which are tremendous opportunities. They are opportunities to buy assets at cheap, depressed prices…and then earn large gains later. When a great investor reads a headline like “European stock markets crash” or “Offshore drilling stocks plummet in wake of Gulf of Mexico oil spill,” he perks up. He starts wondering if the crisis has created investment bargains. Most investors don’t realize this, but a crisis situation is one of the few times you’ll ever get to buy assets for bargain prices. A crisis creates panic. When people panic, they dump stocks and bonds and commodities with little regard to their real values. They just sell first and ask questions later. This air of irrationality creates irrational asset prices. If you can keep your head, you can take advantage of the irrationality and buy assets on the cheap. This leads to huge gains down the road. Great investors run toward a crisis. Amateur investors run away from a crisis. Tom: Discuss the amateur mindset. Brian: The amateur investor—the guy who always struggles in the market—sees crisis situations much, much differently than the master. He’ll read those same headlines: “European stock markets crash” and “Offshore drilling stocks plummet in wake of Gulf of Mexico oil spill,” and think to himself, “Wow…that news is bad. I’m glad I don’t own those stocks.” Of course, if he is an owner of those stocks, he panics and sells them. He reacts to the news…not the values. The amateur investor is almost always focused on buying whatever the most popular story is at the time. He’s focused on doing what everyone else is doing. He seeks the comfort of the crowd. You can’t blame him. Huddling with the crowd is how humans survived 50,000 years ago. You were either part of the tribe or you would die. But in the investment market, it’s a recipe for disaster. Seeking the comfort of the crowd…buying what’s popular…buying what is enjoying rosy headlines leads people to buy expensive, overpriced assets. The master doesn’t like to buy overpriced assets. He prefers to buy bargains. Tom: What are some examples of a crisis creating investing opportunities? Brian: The Gulf of Mexico oil spill during the summer of 2010 is a good example. That oil spill was one of the worst accidents in the history of the American oil business. It released huge amounts of oil into the ocean. The early efforts to cap the well failed, which made the crisis drag on and on. It was on the news all day, every day for over a week. In response, offshore drilling stocks of all kinds were crushed. Even good companies that had nothing to do with the oil spill fell more than 33%. Transocean, the company involved in the accident, fell about 50%. Good drilling businesses were sold down to valuations of around five times earnings. That’s a cheap price for them…and it was created by the crisis. After the sell-off, I went long offshore drilling stocks and made a big return in a short amount of time. Most of the offshore drillers rebounded at least 25% in just a few months. Another example is the European debt crisis of 2012. Back then, everyone was worried that the European banks would explode. They were worried governments would default on their debts. They were worried about a European depression. It was all over the news constantly. In response, European stock markets crashed. Spain’s version of the Dow Jones Industrial Average fell from 8,500 to 6,000 in just a few months. That’s a 29% crash. Most other European stock markets crashed as well. If an investor stepped in amidst all that crisis and pessimism and bought European stocks, he made great returns over the next year. The Spanish stock market gained 66% off its bottom in just 15 months. The Greek stock market doubled off its bottom in less than a year. A crisis much bigger than the 2012 European crisis was the 1998 Russian debt crisis. Back then, people thought Russia itself was going to implode. The government defaulted on its debt and the currency collapsed. The Russian stock market hit a low in late 1998. Ten years later, it had gained over 6,000%. That’s a six with a thousand after it. Investing during a crisis can produce truly spectacular returns. Recommended Links Trading volume surges 2,500% – bidding war on horizon! As a tiny $2 microcap awaits a historic FDA decision, a takeover bid is brewing. This company holds critical patents that could impact 27 million Americans and unlock an expected $18 billion market. Its technology is so lucrative, news just broke that both Google and Johnson & Johnson are looking at takeover bids. This company is also part of a unique market sector responsible for gains of 10,000%… 15,000%… and 25,000%. Exceptional no doubt, but the potential is real. Already, insiders have snapped up 96% of available shares alongside institutions. This is going to be huge. Make your move now… – Tom: How about the U.S. credit crisis of 2008, or as some people call it, the Great Recession? That’s what comes to mind when most people hear crisis. Brian: The wake of the 2008 credit crisis was a fantastic time to invest and trade. This period was marked by the bankruptcy of Lehman Brothers, which was the largest corporate bankruptcy in U.S. history. The housing market crashed. The stock market fell 39% in 2008, which was its worst year since the Great Depression. We were on the verge of a global economic meltdown. But the world has a funny way of not ending. It turned out that late 2008 and early 2009 was a great time to buy elite businesses like Apple, Altria, and Starbucks. Apple tripled in value off its 2009 bottom in less than two years. Altria doubled off its bottom in about two years. Starbucks more than tripled in value off its bottom in about two years. Commercial real estate, as measured by the large commercial investment fund iShares Real Estate, also more than doubled off its bottom in just two years. One of the top mining firms in the world, Freeport-McMoRan, more than tripled off its bottom. All those assets were deeply depressed because of the mass selling…because of the pessimism. The crisis created bargains. Everything was so depressed and cheap that it was like a coiled spring. When a bit of optimism returned to the market, everything soared. Keep in mind, when things are truly bad, you don’t need them to get “good” in order to make a lot of money quickly. As my friend and colleague Steve Sjuggerud often points out, you make the big money as things go “from bad to less bad.” The greatest trader ever, George Soros, has a good quote about this…or at least it is attributed to him. He said, “The worse a situation becomes, the less it takes to turn it around, and the bigger the upside.” That’s a great way to sum up crisis trading. When things are truly bad…and assets are truly cheap…just a tiny bit of optimism can produce giant investment gains. Tom: Can this apply to individual companies? Brian: Absolutely. You can use a crisis to get a good deal on an individual company as well. Warren Buffett is one of the world’s greatest practitioners of buying in times of crisis. He comes off as a grandfatherly “aw, shucks” type of guy, but he’s a stone-cold crisis hunter. In 1964, he made a hugely successful investment in American Express after it was rocked by a crisis. American Express had extended loans to a company that was busted for falsifying documents. Its share price fell nearly 50%. Afterwards, Buffett bought the stock. He ended up making a fortune and owning more than 10% of one of the all-time greatest American businesses. Buffett was also a very active buyer and lender during the 2008 credit crisis. He made a handful of spectacular investments during that time. Buffett is famous for saying that he likes to invest in great companies that have been hit by a one-time huge, but solvable, problem. In other words, he looks to buy great companies after a crisis. Tom: It’s obvious that you can earn big returns buying after a crisis. But it’s very hard for people to take action. Brian: Yes. It is hard when you are starting out. As I mentioned, humans are hardwired to seek the safety of crowds. Fifty thousand years ago, it’s how we survived. But when it comes to investing and trading, you won’t succeed doing what everyone else is doing. And during a crisis, almost everyone panics and sells. You must fight the natural instinct to run away from the crisis…and instead run toward it. It’s like any useful skill. You have to practice. After enough practice, it will get easier…and then it will become an automatic response. When you’re starting out, you can lean on the wisdom of investment masters like Warren Buffett and Nathan Rothschild. One of the best things Buffett ever said about how to succeed as an investor was, “You want to be greedy when others are fearful, and fearful when others are greedy.” You also have legendary financier Nathan Rothschild’s recommendation: “Buy when there is blood in the streets.” To develop a useful crisis mindset, try this. The next time you read awful headlines about an individual country or a stock market sector, go into the market and buy a very small position in the beaten-up assets. Buy $500 worth of stock. You’ll feel funny doing it. You might get a bad feeling in your stomach. That’s actually a good sign that you’re doing the right thing. After you do it enough…and make 50% or 100% in a year a few times, you’ll develop an appreciation for a good crisis. Tom: Okay…let’s say I buy after a crisis. What are the risks? Brian: The biggest risk is that the crisis turns into a long-lasting crisis. For example, a quick military flare up between two countries could turn into a full-blown war. A country’s stock crash could turn into a bear market that lasts a long, long time. That’s why it pays to do a lot of research on what you are considering buying. You need to make sure you’re buying quality businesses at good values. For example, if a sector experiences a crisis, I simply try to buy the best business in that sector. You also need to employ risk-limiting techniques like position sizing, which is the part of your trading strategy that tells you how much of a position to buy. You don’t want to take a position so large that you get really hurt if you are wrong. You can also set a stop loss on your position, which is a predetermined point at which you will sell if the price moves against you. Tom: All of that makes sense. Any parting thoughts? Brian: One last thing. I know it may sound heartless to talk about a crisis like this. I don’t root for people to lose their jobs or suffer through bad times. But crisis situations are part of life. It’s how the world works. I didn’t write the rules. I just play by them. And it happens that crisis situations often produce excellent trading and investing opportunities. Editor’s Note: Tom recently recorded a series of free training videos on the No. 1 way to profit from a crisis. His first video shows you step-by-step how to use this method. Tom believes this strategy could soon start paying out 100%—or even 200%—in extreme times of distress. To access this training video now, click here. — How to Cash In on Crisis [Coming 100% Income Boost] If you’re worried about a coming stock market crash, this should be required viewing. Ex-banker Tom Dyson reveals #1 income technique in free 3-part training series. You’ll discover, step-by-step, why this method has achieved a 96.2% win rate. And why you could also be in for a 100%-200% income boost over the next 12-24 months. To watch this urgent training series, click here.