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US Xpress releases trucking industry forecast; driver turnover, truckload capacity and load volumes significantly impact market

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one of the US’ largest asset-based truckload carriers by revenue, released its September industry forecast spotlighting key economic trends and updates specific to the trucking industry. Carrier bankruptcies nearly quadrupled from 2018 to 2019 and continually rising insurance premiums will further hobble small carriers.

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Ethanol production in Germany fell 12.88% last year from 2018; market share of E10 up 1 percentage point

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The German Bioethanol Industry Association (BDBe) has published the 2019 market data for the production and consumption of certified sustainable bioethanol. Sales of bioethanol were roughly on par with the previous year, with the market share of Super E10 rising by almost one percentage point to 13.7%. million tonnes.

2018 243
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Roskill: Niobium industry looking for a future beyond steel; Li-ion batteries a possibility

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Niobium is a metal primarily used by the steel industry as a ferroalloy strengthening element. Adding niobium reduces the amount and weight of steel required, an important feature for the automotive industry but also for infrastructure. Another key characteristic of the niobium market is its highly concentrated supply.

Li-ion 378
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Amogy presents retrofitted 2018 Freightliner Cascadia powered by ammonia-to-power system

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This latest successful presentation further shows ammonia to be a viable, sustainable solution for the otherwise hard-to -bate heavy-duty trucking industries, which account for 23% of the total greenhouse gas emissions from transportation. —Seonghoon Woo, CEO at Amogy.

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ON Semiconductor to acquire Quantenna Communications; connectivity applications for industrial and automotive markets

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billion and enterprise value of approximately $936 million, after accounting for Quantenna’s net cash of approximately $136 million at the end of fourth quarter of 2018. The acquisition of Quantenna is another step towards strengthening our presence in industrial and automotive markets.

Connect 191
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Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

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Despite the trend toward transportation electrification, the lithium industry has had a rough few years. In its new Lithium Outlook to 2030 report, Roskill notes that the prolonged downward trend for lithium compound and mineral concentrate prices has caused a difficult environment for many lithium producers since 2018.

Recharge 334
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Thailand’s EV industry growing rapidly

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According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. million units in 2018.