Half of Germany’s electricity is produced by coal and gas power plants. However, the country is pushing for more renewable energy sources. In 2014, the share of renewables in their energy sector increased by 3 percent and fossil fuel use dropped by 7 percent. 2014 also marks the first year in decades where CO2 emissions…
Saudi Arabia has a thriving logistics sector right now and it is expected to boom over the next ten years. Industry experts say that consumer spending is going to see a 6.9 percent growth rate in 2015 alone, causing the logistics sector to see higher demand. That’s good news for this GCC region. The Middle…
China has always had one of the fastest growing economies — up until recently, a large chunk of the clothes and products sold in big chain stores came with the label, “Made in China.” However, things have been slowing down for China’s economy since 2009. This raises concerns that their economy could be headed for…
Lalamove is a logistics company that helps customers transport items from one place to another with the use of a simple app. Customers simply put their needs into Lalamove’s app and then select the local drivers and couriers they want to deliver their items. It brings a whole new dimension to shipping because customers don’t…
Tesco is one of the largest chain grocery stores in the world. They have thousands of locations in Europe, North America, and Asia. However, they have been suffering profit losses for more than two years. CEO Dave Lewis announced a massive plan to cut costs by closing 43 stores, withdrawing from certain markets, selling some…
Turkey strongly depends on other countries for their energy. Therefore, they want to build a nuclear power plant in Akkuyu, which is in the Turkish province of Mersin. However, several groups object to the power plant because of concerns over the environment, the impact of people living nearby, and radioactive waste disposal. Despite the controversy,…
Over the next five years, Volkswagen plans to invest $106.3 billion on new fuel-efficient vehicles. This includes a plan for new factories and expansion in China. The automaker wants to be a world leader in economical and ecological vehicles. Volkswagen’s investment is projected between 6 and 7 percent of their revenue between 2015 and 2019….
Aluminum is a nonmagnetic metal used in all sorts of industries, such as transportation, technology, and manufacturing. Most people are familiar with aluminum because of aluminum cans and aluminum foil. It is a popular compound because it has low density and resists corrosion. Plus, aluminum is one of the most widely found and readily available…
Scandals always make the news, especially when they involve high-profile companies like Apple. In 2010, Apple’s former Global Supply Chain Manager Paul Devine was involved in a conspiracy to sell Apple product details to Asian manufactures. Three years later, he has finally been fined $4.5 million and sentenced to one year in prison for his…
Online shopping has been a major game changer for supply chains around the world. Instead of worrying about the logistics of getting products to stores, companies must now worry about the logistics of getting products to customers’ homes. Amazon has been a leader in getting this done. However, Google is stepping up to compete with…