Automated material handling market is growing with a CAGR of around 8 percent - attributed to increasing demand for the automated solution from various applications like manufacturing, automotive and electrical, according to a new report by Occams Business Research & Consulting.
Businesses that transport their goods via the highways, railways or the airways are likely to see an expansion of the nation's infrastructure. That's good news not just for companies that want to move their products in the most efficient manner possible. It may also be good news for a subset of the coal sector that produces so-called metallurgical coal for steelmaking.
The oil market risks running another surplus in 2017 without an output cut from OPEC, as producers around the globe ramp up supply and demand growth falters, the International Energy Agency said last week.
Royal Dutch Shell Plc, the world's second-biggest oil company by market value, thinks demand for oil could peak in as little as five years. Demand will peak before supply, says chief financial officer Simon Henry, and that peak will be driven by efficiency and substitution, more than offsetting the new demand for transport.
U.S. durable goods orders fell in September, confirming another weak quarter for business spending, but core capital goods showed some signs of a recovery. The Commerce Department said orders for items meant to last three years decreased $0.3bn, or 0.1 percent, to $227.3bn in September, following a 0.3 percent increase in August.
U.S. industrial production rose slightly in September, improving on August's decline but still showing the effects of low energy prices and the strong dollar. Output increased 0.1 percent in September after falling a downwardly revised 0.5 percent the previous month, according to the Federal Reserve. The gain was in line with economists' expectations, according to Reuters.
Prices paid by U.S. businesses for goods and services increased more than expected in September, economists said, amid other signs that inflationary pressures may be increasing. The Labor Department said its producer price index was up 0.3 percent on a seasonally adjusted basis compared with August. Economists surveyed by The Wall Street Journal had expected a 0.2 percent increase.
Target has surpassed perennial champion Walmart as the U.S.'s top corporate user of solar power, according to a new report. Target has installed 147 megawatts of solar capacity on 300 stores, according to the 2016 Solar Means Business Report from the Solar Energy Industries Association (SEIA).
Negotiators from more than 170 countries have reached a legally binding accord to counter climate change by cutting the worldwide use of a powerful planet-warming chemical used in air-conditioners and refrigerators.
Challenge: An innovative producer of vaccines including Pediatric, Specialty and Meningitis, was dealing with a complex multi-layered capacity constrained production plan with variable demand.
The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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