Latest news with #SCI
BreakingNews.ie
a day ago
- Business
- BreakingNews.ie
Number of homes accepting housing assistance payments drops 22% in three months
The number of available rental properties that accept housing assistance payments (HAP) has dropped by 22 per cent in the second quarter of the year, a new report shows. The Simon Communities of Ireland's (SCI) quarterly Locked Out of the Market report, from June, shows that just 32 properties were available to rent within the scheme. Advertisement This is a drop of nine properties, down from 41, since March. Ber Grogan, executive director at the Simon Communities of Ireland, repeated her call for an updated HAP limit. The housing assistance payment (HAP) scheme is a social housing payment made to landlords by local authorities, and tenants pay a contribution to their local authority. The report found 978 properties were available to rent at any price within the 16 areas surveyed over three dates in June. Advertisement This is a 17 per cent reduction from the 1,178 properties available in the June 2024 Locked Out report. There were no properties available in eight of the 16 areas, including Athlone, Cork city centre, Cork city suburbs, Co Leitrim, Limerick city centre, Sligo town, Portlaoise, and Waterford city centre. Four of the 16 areas saw a reduction in the number of HAP properties available since the March 2025 report. These include Dublin city north, Dublin city centre, Dundalk and Kildare. Advertisement This lack of availability was across all household categories within standard or discretionary HAP limits. Discretionary HAP limits include homeless HAP, the increased rate of HAP for people experiencing homelessness. The supply of properties within HAP limits are predominantly in Dublin, with a total of 22 properties in Dublin. Just five of the 13 areas outside of Dublin had properties available to rent within HAP limits. Advertisement These included Dundalk, Galway city suburbs, Galway city centre, Kildare and Limerick city suburbs. In Dublin, the discretionary rate allows up to an additional 50 per cent on the standard rate, but this is limited to 35 per cent elsewhere in the country. Nathan, a Cork Simon service user, said: 'Most of the time you ring a place, it's gone. You get fed up of every day doing it and then you just give up for a while, depressed out of me head. 'You can't get out of it (homelessness). I don't seem to see a way anyway. And it's not for want of trying. A bed, a bathroom and a kitchen. Basics. Oh, I'd love it. Advertisement 'Come and go as you please.' Sligo town and Portlaoise had the lowest number of properties available to rent, with just seven and two properties available in each area, respectively, across the three days. Of the 16 areas, 10 saw a reduction in the number of properties available to rent, including Cork, and Dublin, Dundalk and Kildare. Four of the 16 areas saw an increase in the number of properties available to rent, including Athlone, Galway city, Limerick city and Sligo town. Ms Grogan said the findings of the report must act as a 'wake-up call for policymakers'. 'Do they care that the rental sector continues to fail those reliant on HAP? Simon certainly cares,' he said. 'With only 32 properties available under HAP across 16 areas and entire counties without a single option, people entitled to housing support are being pushed further into homelessness and essentially, left behind. 'The rental market is failing those most in need. 'We urgently need accelerated delivery of social and affordable housing, meaningful reforms to HAP rates, and a targeted strategy to prevent homelessness. 'We must ensure that hope is restored for those people who are locked out of access to this accommodation option. 'The Simon Communities of Ireland has been calling for updated HAP limits for many years. 'We welcomed the ombudsman's report on HAP and will continue to call for reform. Budget 2026 will give the opportunity to address this cause of homelessness before our next Locked Out of the Market report.' Meanwhile, the figures show that there were four properties available to single person/couple households through a standard HAP rate. These four properties were located in north Dublin, Dublin city centre, Galway city and Kildare. There were an additional 12 properties available for single person/couple households within discretionary HAP limits. There were no properties available to couple/one parent households with one child through a standard HAP rate. There was one property available to couple/one parent households with two children through a standard HAP rate. This property was in Limerick city suburbs. There were five properties available through discretionary HAP rates, and an additional 10 that overlapped with properties available to families with one child. The five unique properties were in Dublin city centre, Dundalk and Kildare. Ms Grogan said: 'It's particularly concerning given that one parent families are over-represented in the thousands of families and children experiencing homelessness. 'Does anybody care that nearly 5,000 children are experiencing homelessness? Simon cares.'
Yahoo
2 days ago
- Business
- Yahoo
SONAR Unveils Redesigned Supply Chain Intelligence Platform with New Risk and Efficiency Quadrant
A completely redesigned experience for SONAR's Supply Chain Intelligence (SCI) has been launched allowing SCI to deliver faster insights, deeper market intelligence, and more actionable guidance for shippers managing their RFPs. The updated platform merges the previous Opportunity View and List View into a single, powerful page called Lane View. This consolidation allows users to drill into lane-level insights efficiently, see market performance across both Intermodal and Truckload, and access pricing benchmarks, guidance, and scoring within one streamlined interface. Embedded in the new Lane View is a quadrant-based guidance system for risk and efficiency. This feature helps prioritize RFP strategy by categorizing lanes into four zones: High Risk Zone: Lanes that are difficult to cover and where you are over market. Carrier Dependent Zone: Lanes that are difficult to cover and where you are under market. Savings Opportunity: Lanes that are easy to cover where you are over market. Efficiency Zone: Top-performing lanes where you are under market and lanes are easy to cover. These zones highlight where to focus time, renegotiate, or reallocate volume. Additionally, the update introduces enhanced Summary and Network Views for sharper high-level visibility. Users can better understand where they are overpaying or underpaying across their network with clearer visuals and aggregated scoring. New market-level maps and improved filters help spot areas of concern or opportunity and enable faster diagnostics. The new SCI helps unlock greater RFP savings and lane performance with smarter, visual prioritization, allowing users to reduce risk, boost service, and easily spot network inefficiencies. To explore the redesigned experience, log in to SONAR and navigate to the SCI module. For a personalized walkthrough, contact your account manager or cs@ To learn more about SONAR, visit and request a demo. The post SONAR Unveils Redesigned Supply Chain Intelligence Platform with New Risk and Efficiency Quadrant appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Service Corporation International Announces Schedule For Second Quarter 2025 Earnings Release and Conference Call
HOUSTON, July 17, 2025 /PRNewswire/ -- Service Corporation International (NYSE: SCI) announced it expects to issue a press release with financial results for the second quarter 2025 on Wednesday, July 30, 2025. A conference call will be hosted by SCI Management on Thursday, July 31, 2025. Details of the conference call are as follows: What: Service Corporation International Second Quarter 2025 Earnings Conference Call When: Thursday, July 31, at 8:00 a.m. Central Time How: Dial-In Numbers – (888) 317-6003 or International callers at (412) 317-6061 / Code – 0839787 or listen live via the internet through our website at in the Investors section under "Webcasts and Events" Replay: (877) 344-7529, International callers at (412) 317-0088, Code – 2965589 available through August 7, 2025, and the webcast for at least 90 days through our website at in the Investors section under "Webcasts and Events" About Service Corporation International Service Corporation International (NYSE: SCI), headquartered in Houston, Texas, is North America's leading provider of funeral, cemetery and cremation services, as well as final-arrangement planning in advance, serving more than 600,000 families each year. Our diversified portfolio of brands provides families and individuals a full range of choices to meet their needs, from simple cremations to full life celebrations and personalized remembrances. Our Dignity Memorial® brand is the name families turn to for professionalism, compassion, and attention to detail that is second to none. At June 30, 2025, we owned and operated 1,485 funeral service locations and 498 cemeteries (of which 310 are combination locations) in 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico. For more information about Service Corporation International, please visit our website at For more information about Dignity Memorial®, please visit View original content: SOURCE Service Corporation International Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Hindu
4 days ago
- Business
- The Hindu
Union government recognition for digital revenue card scheme
The State's digital revenue card scheme is the first among 11 initiatives under the State Collaborative Initiatives (SCI) being implemented by the Union government's Department of Administrative Reforms and Public Grievances. All services from village offices in the State are now available online. However, applications have to be submitted each time certificates are needed for various requirements. The digital revenue cards, featuring a QR code and a 10-digit digital number, will streamline access to such services. The digital revenue card, resembling an ATM card and embedded with a chip, will contain personal information and records related to land, buildings, and details of property transactions. The cards will be rolled out from November 1 in villages where digital resurvey has been completed, a statement here on Tuesday said.
The Sun
11-07-2025
- Automotive
- The Sun
Surging electric truck sales hit diesel use in China
LANGFANG: Electric-powered heavy trucks are rapidly gaining market share in China, driven by subsidies and the quick rollout of chargers, further curbing diesel usage and denting oil demand from the world's biggest crude importer. The boom in electric truck sales in China follows that of electric cars and the rise in recent years of LNG-powered heavy trucks. Those factors, combined with slowing economic growth, have stifled its oil consumption growth. Sales in the world's biggest market for new energy trucks are estimated to have risen 175% year-on-year to 76,100 in the first half of this year, or about a quarter of new truck sales, according to consulting firm Sublime China Information (SCI). Electric models, still mostly used for short-haul runs in ports, mines or steel mills, accounted for over 90% of that increase. The rapid pace has surprised analysts who have revised down diesel demand forecasts as a result and brought forward their predictions for a peak in Chinese oil demand. SCI's analyst Xu Lei said he cut the firm's China diesel demand expectations by 1-2% given the boom in electric truck sales. 'The surge in electric heavy trucks was a surprise and has become a new factor accelerating China's oil consumption to peak, most likely this year,' said Ye Lin, vice president at Rystad Energy, who had previously expected a 2026 peak. The transport sector, which burns about two-thirds of all diesel in China, will use 40% less by 2030, cutting overall diesel consumption by about a quarter compared to 2024 levels, according to Rystad. Diesel consumption this year is forecast to fall by 11.3 million tons, or 6.3%, on par with last year's drop, according to SCI. After more than six years behind the wheel of a diesel truck, Li Shuai, who drives for a cement plant in Hebei province near Beijing, switched to an electric truck six months ago. 'Charging infrastructure has improved noticeably in the past half year, making things much more convenient,' Li, 38, said. 'It is even possible to drive an empty truck more than 2,000km from Beijing to Yunnan to pick up goods without worry.' The rapid buildup of charging infrastructure, primarily through industrial corridors, is underpinning adoption, although charge times that can stretch to 90 minutes and limited charger availability in some areas remain issues. Teld, an EV charging infrastructure provider that has built more than 2,400 truck charging stations across China, officially opened an 800km corridor in March linking Shanxi and Shandong provinces, a key route via the country's coal-producing region. At a charging station next to the Hebei cement plant, car and truck chargers sit side by side in the dusty lot. Owner Yongji Liu had originally only planned to service EVs but said 'the electric truck market is growing so fast that we also installed chargers for trucks'. The booming market for electric trucks is partly due to cheap electricity and government subsidies introduced last July of up to 95,000 yuan (RM56,322) for new vehicles, analysts and truckmakers said. While diesel trucks are cheaper upfront, higher fuel costs make them more expensive after a million kilometers of driving. Once fuel is included, diesel trucks cost about 2.25 million yuan at the million-kilometer mark, roughly 10% more than LNG trucks and 15% more than electric trucks, according to GL Consulting. Rising fuel costs have also eroded some of the price advantage enjoyed by LNG trucks, which along with limited refueling stations in some regions, have hindered their growth, said SCI analyst Wang Neng. SCI forecasts LNG truck sales to hit around 92,000 units in the first half, down 15% from a year earlier, although the surge in electric adoption is more than offsetting the impact on diesel consumption. China's second-best-selling electric truck maker Sany says the growth potential for electric trucks is greater than for passenger EVs because lower operating costs bolster the profitability of corporate users. – Reuters
