The container ship industry has experienced significant change recently. An influx of new ships that boast more container capacity and cheaper fuel costs have caused shipping prices to drop and ocean liners to collect lower profits. However, many container ship and port terminal companies see this as an opportunity to expand business. A.P. Moller-Maersk is…
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 and in the future.
In recent years, farmers have been looking for ways to increase production while using fewer resources and decreasing their environmental impact. For farmers, technology offers myriad solutions. Sensors can measure soil and water composition, drones can spread fertilizer, and GPS systems can direct robotic tractors to harvest crops. Farming technology is rapidly developing, and it…
In 2012, Hostess filed for bankruptcy. At that time, the company announced that it would no longer manufacture Twinkies or many of the brand’s other goodies. This caused an uproar, and the little spongy cakes started flying off the shelves. Hostess has since completed major rebranding and is finally making a comeback. This article is…
More than 7 million Americans make up the domestic trucking industry. However, commercial shipping needs are growing quickly, and the industry continues to have a difficult time finding new drivers to replace the ones that retire. Numerous factors contribute to the shortage of truck drivers, but one of the biggest is the negative image of…
As one of the largest sportswear brands in the world, Adidas needs to stay ahead of trends to maintain its position in the market. That’s why the company focuses on leaner and faster manufacturing processes. Adidas recently decided to take its manufacturing processes to an entirely new level.
Whenever an outbreak of Listeria occurs or any other food safety issues arise, the U.S. government steps in to investigate and prevent further crisis. The government has always had an interest in food safety, but it has made significant changes to food safety protocol over the past couple of years. Take a look at what…
C.H. Robinson is a third-party logistics provider and freight brokerage business. The company provides transportation services to customers both large and small. Recently C.H. Robinson announced an innovative transportation management system (TMS) to help its customers with booking, tracking, and reporting for their shipping needs.
The Cuban trade embargo has been in effect since 1962, after Cuba nationalized several American-owned assets equaling over $1 billion. Though the two nations have had countless disagreements ever since, in mid-2015 Cuba agreed to allow U.S. embassies to reopen in its major cities. The relationship between the two countries has recently begun improving, which…
Since 2007, PepsiCo has taken a proactive stance on environmental and sustainable practices. The company has significantly reduced waste and water use in its manufacturing and distribution processes. Additionally, PepsiCo has worked with its suppliers to promote sustainable agriculture. As a result, PepsiCo has seen increased profits and improved customer satisfaction.