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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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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 2019, monthly average lithium carbonate prices fell 36% between January and December. In 2019, rechargeable batteries accounted for 54% of total lithium demand, almost entirely from Li-ion battery technologies.

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IDTechEx: future of the electric ship industry lies with hybrid cargo vessels

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More than 1GWh of batteries are now sailing on waters globally, reflecting 72% industry growth in 2022, according to a new report from IDTechEx. First, electric ship markets have historically been underpinned by electric ferry orders, which made up 37% of the maritime battery capacity (GWh) deliveries between 2019 and 2022.

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EIA expects global consumption of liquid fuels to surpass 2019 levels in 2022

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million b/d from 2019. In the EIA forecast, global consumption of liquid fuels rises by an additional 3.7 million b/d—surpassing 2019 levels. million b/d (12%) from 2019 consumption. million b/d (12%) from 2019 consumption. EIA forecasts US liquid fuels consumption will rise to 19.6 gal in 1H20.

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UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

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The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. The space industry is one of the world’s fastest growing sectors.

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Technavio forecasts 45% CAGR in automotive fuel cell market through 2019

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The global fuel cell market in the automotive industry is set to grow at a rapid CAGR of more than 45% (in terms of unit shipments) through 2019, according to a new report by global technology research and advisory company Technavio. The fuel cell market in the automotive industry is dominated by APAC.

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Roskill: Rising prices could be new norm for lithium industry

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In 2019, rechargeable batteries accounted for 54% of total lithium demand, almost entirely from Li-ion battery technologies. Roskill forecasts demand to exceed 1.0Mt LCE (lithium carbonate equivalent) in 2027, with growth in excess of 18% per year to 2030. —Lithium: Outlook to 2030, 17 th Edition.