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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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Trends in the Food and Beverage Industry

Trinity Logistics

Recently, a Grand View Research study shows that the cold chain market was estimated at USD 233.2 One example is UPS Healthcare developing a system and opening facilities to move medicines safely. Likewise, by 2027 , cold storage construction is projected to reach $18.6 billion in 2022. percent from 2023 to 2030.

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Leading Danish Companies join forces on Sustainable Fuel Project

Airfreight Logistics

As an example, the cost of offshore wind has declined by approx 70% in Northwest Europe since 2012. Stage two comprises a 250MW electrolyzer facility which could be operational by 2027 when the first offshore wind power from Bornholm could be delivered.

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Manufacturing And Cloud Reluctance: What We Learned

GlobalTranz

For example, your inventory levels can be updated and alert the shop floor that the missing part they needed to complete a job has arrived. A recent study on IoT from TATA’s TCS Global found that manufacturers who started utilizing cloud-based options in 2013-2014 were seeing a 28.5% average increase in revenue.

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Why Safe and Secure Parking Areas are Vital

Logistics Business Magazine

In Germany as an example, some 40% of the truck and 55% of bus driver workforce is expected to retire by 2027, creating a shortfall of around 185,000 drivers. The European Commission has recently finalised a study on SSTPA and the IRU and ETF expect this to remain a priority for the new commission.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1

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Small New England ports cast nets to catch the wind

247 Customs Broker

For example, Maryland said developers will spend $76 million on a steel plant to support wind turbine component manufacturing and $39.6 million in port upgrades at Baltimore. The Port of Virginia is aiming to become both an offshore wind farm component manufacturer and logistics center.