It will still be a decade or more before driverless trucks and other vehicles are commonplace in the shipping industry, but Otto just made an important step towards this reality. The Uber subsidiary made the first revenue-generating shipment by driverless truck on October 20, 2016.
Gold is one of those precious metals that has remained popular throughout history. The demand for gold has gone up and down, but overall it has experienced an upward trend. The price of gold saw a sharp increase in 2016, and it’s proving to be resilient in foreign markets. Analysts continue to debate if the…
Staple grains like wheat and rice were produced in record numbers in 2016. This high level of production has helped stabilize the global food market and keep the world food import bill low. This is good news for consumers who have faced increasingly higher prices for staple grains over the last few years.
Food waste is a major problem in the U.S. Business Insider reports that one-third of all food produced in the U.S goes to waste, which equals 133 billion pounds of food per year. Supermarkets are some of the worst offenders. Big brands like Walmart have been caught dumping food into the dumpster because it was…
The 2008 financial crisis put the global container industry in turmoil. Since then, the road to recovery has been long and difficult. Even A.P. Moeller-Maersk, the biggest shipping company in the world, has cut costs and adjusted its operations accordingly. Around the world, several ocean carrier mergers have occurred in order to keep companies in…