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For instance, global EV adoption is projected to reach 40% of total vehicle sales by 2030, according to BloombergNEF. ITR Economics analysis shows rising and unmet demand for electric power from sustainability initiatives, coupled with the proliferation of data center construction ($27.3
Deliveries are scheduled between 2028 and 2030, completing Maersks fleet renewal plan aimed at maintaining its total capacity of 4.3 Once phased in, they will replace existing capacity in our fleet, added Cristescu. TEU while focusing on sustainability.
The PMA also is in a tough place to make concessions this year for the reason that there is $4 billion that terminal operators will have to spend to install zero carbon cargo handling equipment (due to the 2030 Clean Air action plan.) $800
reduction in Scope 2, and a 28% reduction in Scope 3 by the year 2030 on a 2022 baseline. DP World has put forward ambitious carbon offset goals which were validated by the Science Based Targets initiative (SBTi). Among the mentioned targets is a 42% reduction in Scope 1 greenhouse gas emissions, a 62.2%
The adoption of stringent emission regulations across regions to safeguard the environment is a prominent factor transforming the commercial trucks industry, according to Frost & Sullivan’s recent analysis, Truck OEM Strategies for GHG/CO2 Regulation Compliance, 2020-2030.
Prophecy Market Insights The “ Secure Logistics Market Analysis to 2030” is a specialized and in-depth study of the Secure Logistics industry with a focus… The post Secure Logistics Market Demand and Forecast 2030 appeared first on 24/7 Customs Broker News.
According to new reports and an analysis of market research, South Korea saw 16 new vessels ordered with a total of 820,000 tons. The country’s goal is to build up to three-quarters of all the eco-friendly vessels that emit little to no carbon, by the year 2030. million tons. South Korea has a long history of shipbuilding.
The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools. billion by 2030, more than tripling in size. It is no wonder that the AI in the supply chain market will grow more than 10x between 2024 and 2030, from $5 billion to $51 billion. billion to $23.07
The International Maritime Organization (IMO) set a target to cut the sector’s carbon emissions by at least 40% by 2030 and 70% by 2050 compared to 2008 levels. A growing number of carriers are declaring their own decarbonation policies, such as Maersk which has a target to be carbon-neutral by 2050 after reducing emissions 60% by 2030.
Retail Logistics Market P&S Intelligence published a new research report, titled, “Retail Logistics Market: Global Industry Analysis and Forecast till 2030, (Logistics services have been… The post Retail Logistics Market In-depth Analysis of the Industry with Future Estimations appeared first on 24/7 Customs Broker News.
Retail Logistics Market P&S Intelligence published a new research report, titled, “Retail Logistics Market: Global Industry Analysis and Forecast till 2030, (Logistics services have been… The post Retail Logistics Market In-depth Analysis of the Industry with Future Estimations – The Courier appeared first on 24/7 Customs Broker News. (..)
By 2030, the shipping industry has a target to achieve 5% to 10% of energy from non-fossil fuel sources. Carbon dioxide (CO2) emissions will be reduced by a minimum of 40% by 2030 (compared to 2008 levels) Annually, CO2 emissions would be reduced 20 to 30% by 2030. By 2040, CO2 emissions would be reduced by 70% to 80% yearly.
Under some circumstances, customers can extend that to 2030. After doing a fit-gap analysis, they developed a global template for the rollout that allowed for small nation-specific adjustments. After doing a fit-gap analysis, they developed a global template for the rollout that allowed for small nation-specific adjustments.
A unique and visionary strategy adopted by Saudi Arabia with 2030 vision where the country is diversifying the economy away from dependence on oil and gas, Saudi Arabia is investing in industries such as tourism, entertainment, renewable energy, and advanced manufacturing to create new sources of revenue.
The most eye-catching of them all is the NEOM project in Saudi Arabia, a planned cross-border city that’s part of Saudi Arabia’s Vision 2030 program. The airport is expected to accommodate 120 million passengers by 2030, stretching over 57 square kilometers. The first destination, Sindalah, is set to open in 2024.
The company is forecasting that carbon capture can begin at scale in 2030 and ramp up from there. Here is Professor Smil’s analysis – mass scale carbon capture of over 1 gigaton of gas per year “would necessitate the creation of an entirely new gas-capture-transportation-storage industry that every year would have to handle 1.3-2.4
According to the International Air Transport Association, global air freight volumes are expected to double by 2030. From the looks of it, these companies are trying to diversify their services and seek a larger share of the global logistics market. We already know the air cargo market is growing rapidly.
Market demand for inventory picking robots in warehouses is poised to leap from less than 2,000 annual shipments in 2022 to just above 50,000 per year by the end of the decade, according to a report from Interact Analysis.
It has developed technology which uses AI-powered big data analysis to enable accelerated development of recovery plans when disasters occur. -- UK property company Landsec has reduced its energy intensity by 14.3% (kWh/m2) by introducing energy savings initiatives; a reduction which equated to estimated cost savings of GBP£2.8 million (US$3.6
Let’s put a major multinational – Saint-Gobain – under the microscope to illustrate how this kind of analysis. However, their carbon reduction goals for their value chain operations for 2030 will not be changed. In other words, they aim to reduce carbon by this target by 2030 regardless of company growth.
We took a systematic approach to analyzing societal and technology trends that are emerging today and projected their influence on the warehouse of 2030. Here are some of the key takeaways from our analysis: The warehouse must move closer to the customers it serves. So, what does this mean for the warehouse of the future?
With 39 speakers taking part in the 10 panel debates , expertly hosted by our own Paul Hamblin, the most viewed were ‘Logistics: The 2030 Logistics Landscape – Crystal ball time’ and ‘Warehouse Automation: Lights Out? The countries most represented by visitors included Germany, the US, The Netherlands and Italy.
The Project Cargo Journal predicted that irregular oversized cargo could reach nearly $276 billion by 2030. In this boom, project freight forwarders will bite off a substantial piece of the pie. Breakbulk Europe delegates also reported a strong demand for project carriers. The potential cause?
Major chemical companies have set clear plans to heavily reduce their carbon footprint by 2030 and reach net-zero by 2050. Major automation companies were considered in the analysis by exploring their value proposition in terms of what hardware, software, and services they provide to the industry.
Back in 2013, ports in Los Angeles switched to a clean truck program where many old trucks were banned from entering into ports and California is taking steps requiring only electric vehicles to be sold in the state by 2030. Tesla already has an electric truck that soon will be on the market.
The goals are 40% by 2030 and 70% by 2050. January 1st, 2023 marked the starting date of some new regulations drafted by the International Maritime Organization (IMO), a branch of NATO, to significantly reduce carbon emissions by large oceanic shipping vessels over time.
It was designed with the goal to support countries to end hunger and align WFP’s work with the Agenda 2030, and to contribute to revitalized global partnerships to implement the Sustainable Development Goals (SDGs). In line with Agenda 2030, the WFP Strategic Plan does focus on SDG2 but also prioritizes SDG17.
June’s discussion will also yield clarity around interim target goals for benchmark years like 2030 and 2040, as well as discussions around how to impose a carbon price on ship emissions. The post Support for 2050 Climate Goals Increases in Shipping Industry appeared first on More Than Shipping.
Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023. 2030 call: Retailers will embrace sustainability for home delivery. Theme 1: Global supply chains will be busy, congested and chaotic.
We have already seen initiatives such as IMO 2030, a campaign to reduce emissions 40% from 2008 levels, that started several years ago. Additionally, there will be further incentives for companies that take steps to reduce their emissions, such as grants, subsidies, and other forms of financial support.
Maersk has a goal to be carbon-neutral by 2050 after reducing CO2 emissions by 60% by 2030. This will also end the just-in-case shipping method, which has become popular to fulfill client orders – a practice which fueled freight rates to their highest levels. Increased decarbonization efforts by carriers.
In January 2020, the World Economic Forum’s report The Future of the Last-Mile Ecosystem forecasted that, by 2030, the number of delivery vehicles in cities will increase by 36%, leading to a 32% rise in emissions and 21% increase in congestion. Want A Free Supply Chain Analysis? Get A Free Supply Chain Analysis.
In January 2020, the World Economic Forum’s report The Future of the Last-Mile Ecosystem forecasted that, by 2030, the number of delivery vehicles in cities will increase by 36%, leading to a 32% rise in emissions and 21% increase in congestion. Want A Free Supply Chain Analysis? Get A Free Supply Chain Analysis.
It’s taking semiconductor firms more than twice as long as their peers in other industries to hire personnel such as technicians or mechanical engineers, with the typical process stretching to about three months, according to an analysis of the top 50 chip producers in the US by Revelio Labs, a labor-market data analyst.
A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024. Emissions from urban last-mile deliveries are predicted to increase by 30% in 100 cities globally by 2030.
A detailed report on automation released in late November by global management consultancy McKinsey & Company made the bold prediction that “ Automation could kill 73,000,000 US jobs by 2030.” This analysis is consistent with our research at Kenco Innovation Labs – automation is not about eliminating people.
The many benefits of technology include increased speed of identification, reliable, accurate and quick data gathering, processing, analysis and transmission. billion USD , and expected to reach 80 percent of the global population by 2030, the promise of enhanced speed and coverage will hold.
With roughly only one fleet replacement cycle before the UK’s 2030 ban on petrol and diesel vehicles comes into effect, now is the time to start considering EV charging infrastructure for your logistics operation. Finally, it’s important to consider what will work for your business’ specific use case.
According to the American Trucking Association, the industry faced a shortage of over 80,000 drivers in 2021, projected to grow to 160,000 by 2030 if current trends continue. Driver availability in the delivery, transportation and logistics sectors has become a critical issue with widespread ramifications for businesses and consumers alike.
Demand for last-mile delivery is soaring and is expected to grow by 78% globally by 2030.- Technavio, Last Mile Delivery Market in North America by Service and Geography – Forecast and Analysis 2021-2025, Jan 2021. The driver shortage in the US could surpass 160,000 in 2030 and it was estimated to be around 80,000 this 2021.
According to PwC, out of top 20 bilateral trade routes in the world, 16 will have APAC countries and 80 % of the world trade market will be in APAC countries routes by the year 2030. In India, there are less technology-enabled logistics service providers like 20Cube Logistics who can provide superior services.
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