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The new ships will be delivered to Hapag-Lloyd between 2027 and 2029. Modern, highly fuel-efficient, low-emission, high-pressure liquefied gas dual-fuel engines will be installed in all the new vessels. Hapag-Lloyd is in charge of 287 container ships that can carry 2.2 million TEU in total.
Verdantix predicts a $7 billion market for supply chain sustainability software by 2029, with EU manufacturing and retail firms expected to drive the bulk of that spending.
The first phase of two is expected to be completed by 2029. The construction of the port, with an estimated cost of 762 billion Indian rupees (approximately $9.14 billion) is set to begin soon.
The Robotics market in the UK is expected to grow at a rate of 17.37% annually until 2029 , resulting in a market volume of £2.5bn by the end of the decade. Within that, there is a particular focus on the growth of humanoid robots that are projected to reach USD 1.3 billion by 2030.
by 2029, which, if you think about it, is not as far away as it seems. The key takeaway of this year’s edition is that the ATA pegs freight volumes to increase 4.2% this year and by another 35.6%
The project is planned to be completed by 2029, with work beginning in second quarter of 2024. If built, it will be the world’s first full-size ship tunnel. The tunnel will be 1.7 kilometers long, 37 meters high, and 36 meters wide. Once completed, the tunnel will provide a safe and efficient passage for the maritime industry.
trillion by 2029 with an anticipated growth of 5.24% from 2023 to 2029. Road freight has become one of the fastest-growing modes of transport in the ASEAN freight market with Thailand and Vietnam looking to invest further in infrastructure to support cross-border trade.
It is not surprising that the TMS market will nearly double in size between 2024 and 2029, increasing from $11.75 They are applying predictive analytics and data science to choose an optimal response quickly, driven by facts and pre-defined business outcomes. billion to $23.07 Similarly, the WMS market is expected to grow from $3.9
Bureau of Labor Statistics , “Overall employment of delivery truck drivers and driver/sales workers is projected to grow 5% from 2019 to 2029, faster than the average for all occupations.” Despite the setbacks, trucking will grow. According to the U.S. It will also mean more loads to review and possibly reject.
billion in 2029 and from there, it will decrease. Population Growth As of March 2023, India’s population topped China where 1.428 billion are living in India vs. 1.425 billion living in China. If current trends continue, China’s population will top 1.44 It is estimated that 330 million Chinese citizens will be over 65 years old by 2050.
billion in 2029 , reflecting an average annual growth rate of 14.3%. The typical benefits of a WES include an 80% reduction in administrative costs, a 12% increase in units-per-hour, and a 15% improvement in throughput. Driven by these benefits, the global market for warehouse execution systems is expected to grow from $1.22
It’s expected that over 25,000 new jobs will be created by 2029 to meet shipping demands. What is the Outlook for a Customs Broker? Despite how difficult the exam is, the career outlook for a customs broker is very good. Job vacancies for custom brokers increase an average of 5% each year as workers retire without being replaced.
The N1 Flat Mark 3, which launched in September 2022, is using Android 11 technology, which Mike Willett say will guarantee lifecycles to 2028 and 2029 and beyond. We’re with you for the long haul. It’s a device that we’re going to support for a very long time.”.
from 2017-2029. In a recent study, the Mexican logistics industry is projected to achieve a CAGR of 4.9% It’s crucial for retailers, e-commerce platforms, 3PLs, FMCGs, and other logistics players in Mexico to embrace state-of-the-art logistics software to overcome the challenges of this rapidly growing sector.
The United States currently leads the world in terms of AM product value but will be passed by China in 2029 under present conditions. Additive manufacturing brings production closer to the places where products are sold and used. 3D printing has the potential to change the manufacturing world as we know it.
Mr. Ray Kruzwell: Futurist and Director of Engineering at Google: AI will be achieved by 2029. Here are some quotes from some of silicon valley and high technologies' greatest minds. AI technologies can help find cures for diseases and clean up the environment. We have a moral imperative to realize this promise while controlling the peril.
billion tons in 2029. The American Trucking Associations’ (ATA) recently released “Freight Forecast” report validates this sentiment. According to the ATA, total tonnage transported by trucks will reach nearly 16 billion tons in 2018, a figure that they believe will rise 35.6% With it, truck volumes are expected to grow 2.3%
The industrial automation market grew globally, reaching $191 billion in 2021 , and is expected to reach $395 billion by 2029. When automation is used in industries or manufacturing, it is called industrial automation. 6 Types of Automation Automation has wide applications. There are many automated processes you probably already know.
By 2029, companies with 1,000 employees and 450 million euros turnover will be impacted. With the recent changes to the directive, the number of companies impacted is about.05% 05% of the total number of businesses operating within the EU. billion euros turnover will need to report.
A booming market for critical minerals including copper from Zambia and the Democratic Republic of Congo are helping drive the need for greater logistics capacity.
That percentage of growth appears to be trending less in calendar 2025, with moderate growth forecast through the end of 2029 (Figure 1.1). is anticipating year-over-year growth of 2.8 percent in 2024 with regards to gross domestic product (GDP). Generally, for every one percent of GDP growth, that typically translates into 1.5
The surge in energy demand from AI data centers could lead to a 70% increase in electricity bills for consumers and small businesses by 2029. They currently account for approximately 3% of total U.S. power demand, but this figure is expected to rise to 9% within the next decade due to the increasing use of artificial intelligence.
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