Industries | SupplyChainBrain

Industries: Page 770

IoT Attacks Could Bring Real-World Damage, Cyber Experts Warn
Members of Congress received a warning this month about security vulnerabilities in the so-called internet of things (IoT), as cyber experts cautioned that with billions of new devices coming online, coordinated hacking attacks could become - literally - a matter of life and death.
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Durable Goods Orders Rose 4.8 Percent in October
U.S. durable goods orders rebounded strongly in October, surging past expectations amid increased demand for aircraft and other transportation machinery. The Commerce Department said orders for items meant to last three years increased $11bn, or 4.8 percent, to $239.4bn last month, following a downwardly revised 0.4 percent drop in September. Economists had predicted a 1.7 percent gain.
Report Says Shoppers Expect Better Deals to Come in December
The 2016 International Council of Shopping Centers (ICSC) Thanksgiving/Black Friday Shopping Report shows that three quarters of Americans spent the same or more this year than last year, and 44 percent of that spend was on gifts for other people. Americans shopping on Thanksgiving and/or Black Friday spent an average of $373, including approximately $100 on dining and entertainment in a shopping center.
Study: Third Party Logistics Will Be Worth $925Bn by 2020
The global third party logistics (3PL) market is expected to be worth $925.31bn by 2020 and will be partially driven by the outsourcing of secondary business activities, according to a new report.
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Judge Orders Striking Cargo Pilots Back to Work: 'Imagine Christmas Without Amazon!'
A federal judge last week ordered pilots for a cargo airline that delivers Amazon packages to go back to work. The judge in Cincinnati said it was in the public's interest to end the strike because holiday shoppers expect to receive their packages on time.
Leveraging Innovative 3D Printing Capabilities to Strengthen America's Defense
Mideast Aluminum Producers Filling Gap After U.S. Plants Close
Middle East aluminum producers are boosting metal shipments to the U.S. to fill a supply gap left from plant closings. Since 1980, U.S. output has dropped from 4.6 million metric tons by 32 smelters to about 700,000 tons by five smelters this year, said Jorge Vazquez, managing director of Austin, Texas-based Harbor Intelligence. The last U.S. smelter to open was in 1985, he said.
Pessimistic Forecasts: Stifel Logistics Confidence Index Declines Further
The Stifel Logistics Confidence Index - which measure logistics industry outlook - has reached its 14 consecutive months of negative confidence, with the numbers suggesting this will continue into 2017. As reflected by the performance of the Index, global trade remains at a low ebb, as it has for some time.
LNG Engines Could Be Stepping Stone to Fuel Cells
The growing adoption of hybrid electric powertrain systems and the projected growth in the number of vessels burning liquefied natural gas as fuel, could lead to wider adoption of fuel cells with LNG-fuelled engines becoming the stepping stone for the wide adoption of LNG-fuelled fuel cells as prime movers.
Amazon Prime Membership Grows 23 Percent Year-Over-Year, Research Says
The latest membership estimates for Amazon.com's Amazon Prime service show that the e-retailer's bid to consolidate consumer spending onto one platform has now attracted almost one in six Americans, according to independent research by Cowen & Co. In addition to signing up some 50 million Amazon Prime customers, the company expanded into car sales last week, teaming up with Fiat to sell cars in Italy.
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As Trump Kills TPP, China Eyes December Talks to Fill Trade Void
Even before Donald Trump enters the White House and formally abandons a U.S.-led trade deal that represented a cornerstone of his country's economic policy in Asia, Chinese President Xi Jinping will get a chance to prove his willingness to step into the leadership vacuum.
The State of Solar Power Looks Bright in 2017, Energy Department Says
By 2017, solar power capacity in the U.S. will have nearly tripled in less than three years, according to the U.S. Department of Energy. Combined wind, utility-scale and distributed solar power accounted for more than 66 percent of all new capacity installed in the U.S. last year.
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