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Vehicle Electrification Market Size to Accrue US$ 150.72 Billion by 2027

247 Customs Broker

Precedence Research has published a new report titled, “Vehicle Electrification Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2027”. According to the study,… The post Vehicle Electrification Market Size to Accrue US$ 150.72 Billion by 2027 appeared first on 24/7 Customs Broker News.

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Trends in the Food and Beverage Industry

Trinity Logistics

The food and beverage industry has faced significant challenges and growth over the past couple of years. After several unpredictable years, many hope we’ll see more stability back in the industry. In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. billion in 2022.

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Microgrid Economics – Microgrids Growing Faster Than Larger Grids

Logistics Viewpoints

According to Wood Mackenzie, the US microgrid market is expected to grow at a compound annual growth rate (CAGR) of 19% from 2022 to 2027. According to the Solar Energy Industries Association (SEIA), the average cost of a US commercial PV system has fallen by about 60% since 2017. The cost of grid power has been increasing.

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LastMile Dialogues: Maximizing unit economics to unlock last mile efficiencies

Locus

It was a action-packed day on the 8th Februrary, as it was the successful hosting of yet another session of the LastMile Dialogues: A series of roundtables where industry leaders of the last mile come together to share their views on key and discuss to develop their last mile capabilities for real-world growth. billion in 2020.

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5 Myths of Making Robots Work with People

Logistics Viewpoints

Robotics and automation in the warehouse continue to be a growing trend, with a recent study estimating that the warehouse robotics market is expected to reach USD 23. 09 billion by 2027 and grow at a rate of 15. 33% annually from 2022-2027. But there is still much to learn.

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This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

The trucking industry is turning a corner after a prolonged freight recession that succeeded the Covid boom in transportation rate and services, according to logistics executives. Those five industries are wholesale and retail trade, manufacturing, services, health care and social assistance, and transportation, warehousing and utilities.

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Leading Danish Companies join forces on Sustainable Fuel Project

Airfreight Logistics

Jens Bjørn Andersen, CEO, DSV Panalpina, says: “This ambitious partnership fits well with our long-term targets to reduce emissions and find sustainable solutions for our industry. Stage two comprises a 250MW electrolyzer facility which could be operational by 2027 when the first offshore wind power from Bornholm could be delivered.