Even without high fuel costs, companies in today's global environment are spending more on transportation. Federal Express notes that most companies now spend in the range of 10 percent of their revenues on shipping, up substantially from 2 to 4 percent a decade ago.
That's partly because far more companies are importing and exporting these days. A FedEx survey shows that about half the companies polled expect significant increases in their imports and exports over the next three years, while only 5% expect them to decline. A dominant 80 percent of respondents say cost savings from imports have at least somewhat met their expectations. http://www.fedex.com/
Lithium-ion battery prices will drop rapidly over the next 10 years, setting the stage for plug-in vehicles to reach 5%-10% of total automotive sales by the mid- to late-2020s, according to a new study.
Two researchers from Cornell University have won a $100,000 grant from NASA to continue work to develop an energy-harvesting robotic eel the space agency aims to use to explore oceans on one of the moons of Jupiter.
Is the factory smarter than it used to be? From recent buzzwords, you’d think we’ve entered a new dimension in industrial plants, where robots run all physical functions wirelessly and humans do little more than program ever more capable robotics. Some of that is actually true, but it’s been true for a while.
A recent Design News-exclusive study proves that engineering professionals are at the very forefront of this push into the future and making direct financial, performance, and value impact on their organizations by being personally involved or final decision-makers on automation solution and component choices.
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