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Industries: Page 985
China's Ascent to Become World's Largest Manufacturer Achieved Quickly, But in Making for Decades
China became the largest manufacturing economy in the world (with a 23.2 percent share of manufacturing activity) through extremely fast growth in the physical volume of value-added and modest inflation. The U.S. is in second place with a 17.2 percent share. China has more than four times the population of the United States, and though its manufacturing intensity of $1,978 per capita value-added in 2013 is high for a developing economy, it is well behind advanced countries such as the United States ($6,338).
Number of Shipping Losses Drops by Half Over Past Decade
Shipping losses worldwide have declined by 50 percent over the past decade, but 75 ships were lost in 2014, according to a recent study.
Infocast's Highly Anticipated Omni-Channel Fulfillment & Logistics Summit Returns this June
The "go-to place" for Retailers to Hear about Potential Solutions to Omni-Channel Challenges
In U.S., Spot Freight Availability Up 12 Percent at End of March
Freight availability on the spot truckload market jumped 12 percent while available capacity was unchanged (-0.1 percent) during the week ending March 28, according to DAT Solutions, which operates the DAT network of load boards.
Truckload, Accessorials Continue to Drive Increases in Overall Freight Costs in Canada
The total cost of ground transportation for Canadian shippers increased by 2.4 percent in January 2015 when compared with December results, according to the Canadian General Freight Index.
Closure of Amazon's Webstore Would Affect Many Small, Mid-Sized Businesses and Manufacturers
Several reports have confirmed that Amazon will shutter its Webstore service by July 2016. Amazon has notified its online retailers that are using the ecommerce platform on their own sites of the shutdown, according to SmartBusinessTrends.com.
Amazon Says FAA Drags Feet on Approving Permits for Drones
The Federal Aviation Administration is so slow to approve drone permits that the aircraft become obsolete while waiting, an Amazon executive told a Senate panel last week.
As Politicians Craft Social-Issue Legislation, Corporate Pressure Can Pose Hurdle
Corporate America usually hasn't viewed hot-button social issues as any of its business. Then came Indiana. The controversy over the state's religious rights measure signed into law recently has been striking for the parade of well-known businesses that not only joined in the opposition to the law but took the lead in voicing their disapproval.
Financial Executives at Mid-sized Industrial U.S. Manufacturers Confident in Economy for 2015
The results of the seventh edition of Prime Advantage's Group CFO Survey of mid-sized manufacturers show continued optimism in the economy and positive growth expectations in several industries.
IBM Plans Platform to Help Customers Build Internet of Things Systems
IBM says it will invest $3bn over the next four years to establish a new Internet of Things (IoT) unit, and that it is building a cloud-based open platform designed to help clients and ecosystem partners build IoT systems.
Airfreight Industry Finds Asia-to-South America Services Increasingly Popular
In early March, a loaded 747-400 freighter, operated by Atlas Air on behalf of forwarding firm Panalpina, pushed back from the gate in Huntsville, Alabama, and took off at sunset, full of machine parts from the American Midwest. It was the inaugural flight of Panalpina's twice-weekly "Brazil Wings" main-deck service from Huntsville to São Paulo, Brazil. On its return journey to Huntsville from Viracopos International Airport, the freighter flew on to Hong Kong International, with a load of perishable goods from Brazil and other South American markets. The total transit time for the new VCP-HSV-HKA route was less than 40 hours – pretty impressive for a journey of more than 11,300 nautical miles.
Growth of Solar, Wind Industry to Increasingly Rely on IoT-based Technologies
ABI Research expects IoT-connected wind and solar installations to grow at a CAGR of 21 percent between 2014 and 2020 with the total number of connections growing from the almost 2 million in 2014 to 6.3 million in 2020.
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