According to recent studies conducted in the United Kingdom, Australia, and other areas, foods that are wasted the most between the grower and the end consumer are those that are typically sold as non-packaged foods. This raises the question of whether or not food suppliers and retailers might help prevent much of this waste by…
Profit margins are shrinking, and companies are running out of ways to cut costs to make up the difference. There’s little to be done about the costs of raw materials and goods, and production costs have been slashed as much as possible through automation systems. Inventories can’t be cut much more, as most companies are…
When the Rust Belt in Michigan, Illinois, Wisconsin, Ohio, New York, Pennsylvania, and other northern, heavily unionized states began to decline and lose jobs to non-unionized right to work states in the south, such as Tennessee, Texas, Mississippi, and Alabama, many blamed the unions. Even as automakers struggled financially, unions hurt their chances of survival…
The government shutdown, combined with new acts of terrorism along the Suez canal, and the normal incidents of piracy combine to complicate shipping endeavors worldwide. According to sources at the Port of Savannah, where all eleven Suez shipping services call upon for shipments to the eastern coast of the United States, 6,000 of the approximate…
The global package delivery giant UPS has concluded a survey of European online shoppers, and the results may be interesting to online retailers all over the world. As more consumers are willing to shop online, and fewer depend solely on brick and mortar stores for their businesses, it is important to know what online shoppers…
Carriers have taken measures to try to improve security, including beefing up their technologies, internal processes, and employee training. Yet theft of cargo still continues to rise. During the three-month period between June and August of this year, cargo theft rose by five percent, while the value of the cargo stolen rose by nine percent….
The Laker’s Carrier Association (LCA) represents vessel operators on the Great Lakes. U.S. flag Great Lakes Freighters, or lakers, carried 10.5 million tons of dry-bulk cargo in the month of August. This is an increase of more than 1 million tons, or about 10.6 percent compared to the same month of last year. It was…
Biannually, officials from the business industry and transportation industry hold a meeting to discuss issues affecting the transportation of raw materials and goods. This year’s meeting, scheduled for Tuesday, September 17 in Bismark, North Dakota, is expected to be consumed with discussion about new federal regulations expected to be handed down by the Obama administration…
SK Hynix is the world’s second largest supplier of DRAM (dynamic random access memory) chips, claiming about 20 percent of global market shares in the industry. These chips are necessary to store data in computers, as well as mobile devices such as smartphones, laptops, tablets, and notebook computers. Hynix is a South Korean based company…
States around the country are passing or attempting to pass legislation to try to fill state coffers, but many businesses feel that the result is simply going to be driving business away. The issue has become a three-way battle among legislators looking for new ways to bring in cash for projects such as road improvements,…