Afternoon Coffee: Apple to increase iPhone 11 production; China steel production continuing to rise…

AdobeStock/Ivan Kruk

Apple's suppliers have been told to step up production of the iPhone 11 by up to 10%, or 8 million units. A report in the Nikkei Asian Review quoting sources said this was due to better-than-expected demand worldwide for its new lower-priced handset.

ICYMI: Commodities news roundup for the week

Fouad Egbaria, editor of our sister site MetalMiner, rounds up all the news, happenings and shakings that direct materials buyers and category managers should be aware of — including all the steel production growth in China and beyond.

Hospital electrification will be big for corporate renewable energy procurement deals

A Deloitte report has said the healthcare and medical group sector will make up most of the planned corporate renewable energy deals in 2020-25.

The Deloitte Transactions and Business Analytics report said hospitals used three to five times as much energy as a five-star hotel when it comes to heating, ventilation and air conditioning (HVAC).

Seattle-based software company MileZero acquired

Capstone Logistics announced the closing of a definitive agreement to acquire substantially all the assets of MileZero, Inc., a Seattle, Washington-based software company providing logistics tools to the last-mile delivery industry. MileZero was started in 2014 by Charles Griffith, the former vice president of transportation technology at Amazon. With this move, Capstone expands its last-mile capabilities and establishes a broader international footprint.

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