Energy commodity prices rebounded 4,7% in September and currently stand 1,4% higher than at end-2018.
AI is everywhere. Today it helps you find something faster using your smartphone and voice assistant. Besides that, many other sectors use AI and machine learning to improve their working processes and make them smarter.
Logistics is not an exception. We will explore 5 ways of how AI revolutionizes the logistics industry.
Worldwide exports of electricity-powered automobiles were worth a total US$11.5 billion in 2018. That dollar amount represents a tiny 1.5% of the overall $765.8 billion for all subcategories of exported cars, but a 37.7% increase in international sales of electric cars from 2017 to 2018.
Almost all commodity groups fell in August, with energy prices tumbling 6,1% and non-energy commodities declining 3,9%.
Advances in adapting the technology and better methods for predicting wind conditions have fanned significant growth of the use of wind turbines for electricity in the last 40 years. A new report takes stock of where the field is now and what lies ahead. Researchers surveyed the growth of wind technology as a source of renewable energy and assessed its viability for continuing to capture larger shares of the electricity market.
International sales of iron ore exported by country totaled US$92.6 billion in 2018, declining by -26.3% since 2014 when iron ore shipments were valued at $125.7 billion and shrinking by -0.9% from 2017 to 2018.
From a continental perspective, Oceania led by Australia sold the greatest amount of exported iron ore at 50.4% of the global total. In second place was Latin America (23.6%) excluding Mexico but including the Caribbean trailed by shippers in Europe (7.6%), Asia (7.4%), North America (5.5%) then Africa (5.4%).
After two months of sharp declines, energy prices rebounded 2,4% in July; they are currently up 3% for the year.