As businesses, individuals, and the government continue to keep their fingers on the pulse of the economy, it continues to give mixed signals about what the future holds. Some sectors, such as automotive sales, continue to be strong, as new jobs are added and unemployment rates continue to shrink. However, consumer confidence and consumer retail…
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,…
Are we loosing or gaining momentum in the manufacturing sector here in the U.S.? If you ask the Institute for Supply Management, things are looking pretty good. They stated recently that their PMI, or Report on Business, climbed 0.3 percent totaling out at 55.7 percent in the month of August, reaching its highest peak of…
More good news on the economic front shows growth and strength even outside the encouraging sector of manufacturing. The Institute for Supply Management (ISM has released their Non-Manufacturing Report on Business indices since January 2008. August of this year showed some of the highest readings since the report was launched. The indices used to measure…
Consumers are relying more and more on purchasing merchandise online. One of the top online industries for selling merchandise is Amazon, and with online sellers’ competition fierce, Amazon is searching for a better way to service their customers by introducing same day delivery, but how would this goal be achieved?
With so many people looking for jobs, it’s amazing that the demand for truck drivers is so high. The oil and gas sectors are gaining momentum, leaving the need for truckers soaring. Companies are desperate to find certified drivers. Now that the older generations are retiring; there aren’t enough new graduates for the business.
Several economists and market analysts are predicting strong growth in the U.S. manufacturing sector as the country leads the rest of the world out of the deep recession which has nearly crippled growth in most developed nations over the past several years. The Institute for Supply Management index rose to 55.7 percent during the month…
Motorola Solutions has released a new report entitled, “Warehousing 2018: From Cost Center to Growth Center” wherein they define and predict the changes expected in the industry. Among their predictions, distribution centers are expected to get bigger, while the use of cross docking and task interleaving is expected to be on the rise. The report was…