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.
The great and the good of world aviation gathered in Montreal last month to do something that seemed impossible even a couple of years ago. They agreed to cap greenhouse gas emissions from international flights. The pact - the first climate change agreement to apply worldwide to a specific sector, one that produces the equivalent annual carbon dioxide output as that of Germany - was greeted with almost universal support.
Grace Medical Center, a 123-bed hospital in the Grace Health System, has prevented $15,000 in food from spoiling since August by installing a real-time location system (RTLS) to monitor the temperatures of refrigerators and freezers, the hospital says. The system, made by ZulaFly, consists of the company's own cloud-hosted Fuzion software platform to capture data from CenTrak RFID temperature sensors.
UPS, FedEx and the U.S. Postal Service are all projecting major growth in holiday shipping volume during the peak season, driven by the continued boom in ecommerce activity. UPS, for example, is projecting 700 million deliveries between Thanksgiving and the end of the year, a 14 percent increase over 2015.
When it comes to sharing personal information, millennials are reluctant. There is a gap between millennials wanting to secure access on all connected devices and their willingness to sharing data, according to a study by Lexis Nexis Risk Solutions. This could be a wake-up call for businesses to find solutions that minimize the amount of data they have to collect.
Cross-border e-commerce is growing in popularity - particularly in China, according to a new report from market research company eMarketer. By 2020, a quarter of the Chinese population, amounting to more than half of all the nation's digital buyers, will be shopping either directly on foreign-based sites or through third parties such as Alibaba's Tmall Global and JD.com's JD Worldwide, the report says.
The futurists of Silicon Valley may not have seen this one coming: The first commercial delivery made by a self-driving truck was 2,000 cases of Budweiser beer. Last week, Otto, the Uber-owned self-driving vehicle operation, announced the completion of its first commercial delivery, having delivered its beer load from Fort Collins, Colo., to Colorado Springs, a roughly 120-mile trip on Interstate 25.
As the automotive industry wakes up to the safety challenges of managing human interactions with autonomous systems, ABI Research identifies camera-based driver monitoring systems (DMS) as the chief enablers of safe, semi-autonomous driving. The market is forecast to reach 17.5 million camera-based DMS shipments in 2026, the business intelligence group reports.
E-commerce software provider Two Tap has launched Two Tap Crossborder, a fully automated service that allows consumers outside of the U.S. to order products from American retailers just as easy as buying locally in their own country, the company announced. U.S. retailers can use the service to expand global sales to shoppers anywhere in the world without making changes to their existing infrastructure, Two Tap says.
The latest supply-chain news, analysis, trends and tools for executives in the pharmaceutical and biotech industries. Learn how pharmaceutical and biotech 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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