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Image via Flickr sprottmoney Gold is one of those precious metals that has remained popular throughout history. The demand for gold has gone up and down, but overall it has experienced an upward trend. The price of gold saw a sharp increase in 2016, and it’s proving to be resilient in foreign markets. Analysts continue…
Image via Flickr by dave_7 The American Trucking Associations’ seasonally adjusted Truck Tonnage Index in the for-hire sector increased by 0.6 percent following a 4.7 percent gain in November. This last bump pushed the year 6.2 percent higher for the best performance since 1998. December’s index was 131.7, compared to its level of 130.9 in November. Without…
Image via Flickr sayamindu For over 50 years, Lego has been selling building blocks made from oil-based plastic. The company recently decided to research green materials that could be used to build the bricks instead. By 2030, the Danish toy company aims to eliminate oil-based plastic from its production line.Oops! You don’t have permission to…
Image via Flickr by sk8geek For over 100 years, the Bearfield family has specialized in the processing and distribution of high quality hams, gammon, gammon steaks, bacon, and other specialty pork products. The business has been in the same family for five generations, using the principles of service and quality to set themselves apart from…
Image via Flickr by Investing in Gold The World Bank didn’t paint a happy picture for commodity prices following a lackluster 2013. Gold prices are expected to take a huge hit, dropping during the course of 2014 by 16 percent to $1,050, down from its current price of $1,251 per troy ounce, according to Goldman…
Image via Flickr aushiker In 2015, ocean cargo rates for contracts on major East-West routes saw a sharp decline. As a result, carrier profits have been suffering. Contract rates have fallen because of lower fuel costs, more carrier competition, and surplus vessel capacity. Take a look at what this means for the transportation industry now…