Three universities are launching a multimillion-dollar effort to promote collaborative research into big data and develop new career paths in data science.
It might be said that the transport industry is at the cutting edge of sustainability. After all, its operating costs are directly linked to the price of energy. And the industry is responsible for 13 percent of all global emissions. So it stands to reason that logistics companies are wise to stay ahead of the curve when it comes to energy consumption, not only to keep expenses down and stay competitive, but also to and win support from environmentally conscious customers.
- Consumers are becoming aware of their market-shaping power. A surprising 59 percent of businesses and 39 percent of consumers surveyed said they would pay more for green (carbon neutral) delivery options over the next ten years.
- The growing economic value of sustainability has become a key factor in shaping the reputation of a company and its brand. Ninety-one percent of customers would consider changing their purchasing habits in response to learning about a company’s environmentally harmful practices.
- Investment is key. More efficient vehicles will save money in the long run, but commitment is required to buy them now. The authors recommend investment in infrastructure, the removal of market barriers in the transport sector, and better administrative management of infrastructure, not only to support the seamless flow of goods, but also improve overall capacity. Read more