Business Wire
BusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex Times
Back to front
EVA Air signs a two-year MOU with AIT Worldwide Logistics, Microsoft and Formosa Petrochemical to target 15,000 metric tons of Scope 3 emissions cuts
The Apex Times

THE APEX TIMES

Business/The Apex Times/Aug 26, 4:01 AM EDT

EVA Air signs a two-year MOU with AIT Worldwide Logistics, Microsoft and Formosa Petrochemical to target 15,000 metric tons of Scope 3 emissions cuts

The carrier says it will work with logistics and industrial partners as part of its Green Transportation Program, aiming to reduce indirect emissions connected to its supply chain.

EVA Air said it has signed a Memorandum of Understanding with AIT Worldwide Logistics (AIT), Microsoft and Formosa Petrochemical Corporation to jointly advance the airline’s Green Transportation Program over the next two years.

The agreement is focused on reducing Scope 3 emissions, a category that covers indirect greenhouse gas emissions that occur across a company’s value chain rather than from its own aircraft or facilities. EVA Air said the collaboration is intended to deliver 15,000 metric tons of Scope 3 emissions reductions.

EVA Air described AIT as a key partner for the logistics component of the plan. Freight forwarders like AIT typically coordinate transportation services across routes and modes, which can affect emissions through routing choices, supply chain planning and shipment handling practices.

Microsoft is named as one of the collaboration partners, but the company announcement does not detail how Microsoft’s technology will be used in the program. It does not specify whether the work will involve data analytics, emissions accounting, optimization software, or other digital tools.

Formosa Petrochemical Corporation is also included in the MOU. The announcement ties the partners to EVA Air’s Green Transportation Program and the Scope 3 reduction target, but it does not explain what role Formosa will play or whether the effort centers on particular materials, industrial supply inputs, or distribution channels.

While the headline figure is large, the disclosed information remains limited. The post does not provide a breakdown of which parts of EVA Air’s supply chain are expected to account for the 15,000 metric tons of reductions, how baseline emissions are defined, or how progress will be measured month to month.

Company and sector context can still be drawn from the framing. Airlines increasingly face pressure to reduce emissions beyond direct operations, and Scope 3 has become a focal point because it includes supplier and logistics activity. Collaborations with freight forwarders and industrial partners are a common way to influence transportation planning, procurement-related emissions, and end-to-end logistics choices.

The announcement does not disclose the commercial terms of the MOU, the specific initiatives under the Green Transportation Program, the methodology used to calculate Scope 3 reductions, or whether the parties expect to publish verification or audit results. That leaves open questions about what emissions-reduction levers will be pulled and how the target will be validated.

Why It Matters

  • If achieved, a Scope 3 reduction target can materially improve how an airline portrays its total emissions footprint, not just direct airline operations.
  • Partnerships with freight and industrial companies suggest EVA Air is attempting to influence emissions through logistics and supply chain decisions rather than only in-house changes.
  • Using a large, quantified emissions goal may increase expectations for transparent measurement and reporting, especially around how reductions are calculated and verified.
  • Microsoft’s inclusion indicates a continued industry trend of applying software and data capabilities to emissions tracking and operational optimization, though the exact approach was not disclosed in the announcement.

Sources

Key Facts

  • EVA Air said it signed a two-year Memorandum of Understanding to advance its Green Transportation Program.
  • The partners named are AIT Worldwide Logistics, Microsoft and Formosa Petrochemical Corporation.
  • The program is aimed at reducing EVA Air’s Scope 3 emissions, which are indirect emissions across the value chain.
  • EVA Air said the collaboration targets 15,000 metric tons of Scope 3 emissions reductions.
  • EVA Air did not specify in the announcement how Microsoft and Formosa will contribute or which parts of the supply chain drive the reductions.

Technology Related

Sep 1, 12:07 AM EDT
The Apex Times

Apple CEO transition hands AI test to John Ternus as AAPL slips

John Ternus takes over as Apple’s chief executive role as Phil Schiller steps back, with market attention focused on how leadership changes could affect ongoing work on artificial intelligence initiatives. Apple shares slid in early trading following the transition reports.

Apple CEO transition hands AI test to John Ternus as AAPL slips
The Apex Times
EVA Air signs a two-year MOU with AIT Worldwide Logistics, Microsoft and Formosa Petrochemical to target 15,000 metric tons of Scope 3 emissions cuts | The Apex Times