Coming on the heels of the White House last week issuing its proposed Fiscal Year 2020 budget, which had a sharp focus on transportation infrastructure, the United States Department of Transportation (DOT) this week sent out a call for infrastructure funding, albeit in a different way. DOT said it published a Notice of Funding Opportunity
The spend in the industrial and manufacturing sector on software applications is set to grow from $18 billion in 2019 to more than $27 billion in 2024, finds global tech market advisory firm, ABI Research. To harness data, manufacturers are turning to software applications such as electronic resource planning (ERP), manufacturing execution systems (MES), manufacturing
Since 2008, the dramatic increase in global e-commerce activity – which revolutionized delivery of goods to consumers and businesses – has had a major impact on the global material handling equipment market, which is reflected in Global Material Handling Equipment, an industry study from The Freedonia Group. As new warehouses, order fulfillment centers, and other
Global fashion’s “take-make-dispose” model needs a sustainability makeover. That’s according to a new report from Barclays titled “Green is the new black,” which projects the fashion industry can unlock some 110 billion euros ($123 billion) in value by addressing key environmental issues related to water, energy, chemicals and waste. If business continues as usual, 45
China has pledged to buy almost $95 billion worth of additional U.S. commodities as part of a phase one trade deal. The market is not so sure. Prices fell for most raw materials that are part of the agreement. The Bloomberg Commodity Index added 0.1% after dropping 0.4% on Wednesday as the agreement was announced.