April 29, 2022
5 Things to Know: Week Ending April 30
"Alarms" and "Panic" are seemingly happening in supply chain circles
Here's a roundup of some of the week's happenings curated to help lighting people stay informed.
1. California Bill seeks shielding requirement for all outdoor lighting fixtures installed on government property
State building light Pollution control bill gains traction in legislature: "If you can’t hit them in the heart you hit them in the wallet."
2. Three Startling Supply Chain Headlines:
Bank of America is sounding the alarm on collapsing freight demand. Demand for truckers is at 22-month low.
‘Companies are beginning to panic’: Experts say China’s lockdowns will make inflation and the supply chain nightmare even worse
Supply Chain Pressure Mounts as Shanghai Extends Lockdown: Due to rising cases of COVID-19, the lockdown in Shanghai has been extended – sparking congestion fears amongst port officials.
3. VIDEO: Audit reveals problems with Atlanta's streetlights
"We’re not very good at this." The audit found that the city has not managed street lighting in a purposeful or cost-effective manner.
4. This weekend, you can live stream the wedding of Charlotte lighting agent and “Love is Blind” star Kenny Barnes.
Confetti, a startup wedding streaming service, approached the couple about live streaming their wedding. They looked through demos and decided to run with it.
5. Signify and LSI report strong Quarterly Earnings:
Signify sales nearly hit $1.9 billion while the CEO shares some praise, “We were extremely strong in the U.S. with Cooper.”
LSI's Winning Streak Continues: Lighting Segment rises again, while the CEO tells Wall Street that the next two quarters look strong, too.