On March 17, Jet Airways announced that they will start operating dedicated freight planes instead of passenger-only planes. As long as the company gets regulatory approval, the first freight planes will begin operations in April 2015. Jet Airways will be the first Indian airline to offer all-freight services, putting them in a good position to…
In 2008, the U.S. Supreme Court created a law giving Amtrak priority over freight trains on common railroad tracks. It was meant to improve Amtrak’s on-time performance for passenger trains. However, that law is temporarily being revisited because of complaints from freight carriers. The Supreme Court has decided to give freight carriers another chance to…
Last year, everyone wanted to get their hands on a tablet, whether it was a Samsung Galaxy Tab or an Apple iPad. However, reports show that tablet manufacturers are slowing down production this year. There are lots of factors contributing to the drop in sales, and it is taking its toll on tablet supply chains.
UPS is a full service transportation and logistics company. They can deliver everything from standard packages to temperature-controlled goods throughout the U.S. and around the world. They recently expanded their services to include transportation of biomeds and other dangerous specimens through their International Special Commodities (ISC) program. Other logistics companies do offer this service, but…
Bitcoin really is a brilliant idea. It is essentially a peer-to-peer currency system that allows people to transfer money to each other without the middle men of banks. Plus, there are no transaction fees , the currency can be used anywhere in the world, and anonymity is allowed. However, bitcoin has had a rough year…
On March 6, 2015, the U.S. Department of Commerce announced that the trade deficit for goods and services has reached $41.8 billion. That’s the highest it has ever been. And, that number is expected to grow because of weak economic growth overseas and a strong dollar. This says a lot about the health of the…
For the past 15 years, China’s economy has been booming because of their large manufacturing industry. However, times are shifting and, China is moving away from dependence on exports. Stephen Roach, a senior fellow at Yale University said, “China is changing from a producer model to a consumer model. That’s an enormous opportunity for the…
Allergies and food bourne illnesses are becoming more and more common in the U.S. The U.S. Food and Drug Administration (FDA) wants to prevent these problems from resulting because of misinformation on restaurant menus. New labeling guidelines were just released by the FDA for restaurants and food establishments. The guidelines are supposed to be easier…
Target Corp. has had a rough year — they are still trying to recover from a massive data breach where millions of customers’ credit cards were compromised. On top of that, business has been sluggish compared to competitor Wal-Mart. In an attempt to push through, Target corp. has decided to eliminate several thousand jobs and…
Most of the clothing, electronics, and agricultural goods you buy are not made in the U.S. They are imported from developing countries, such as China. The Obama administration is pushing for the Trans-Pacific Partnership (TPP) to create fair competition in the Asia-Pacific region. Their goal is to create an environment where “Made in America” goods…