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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…
Image via Flickr by jurvetson For years, companies in the U.S. have found it cheaper and more efficient to manufacture goods in China, which helped make China the world’s second-largest economy. This, however, also decreased manufacturing gains in America. In 2014, experts have seen a steady reversal, causing China’s economy to struggle. Conversely, the economic…
Image via Flickr by Bitterjug Tech companies are vulnerable. They’re a part of an industry that’s already tasked with remaining competitive in an ever-changing market. Not only do they face the pressure to fulfil orders while ensuring supplier costs are low, they also experience external threats as well.Oops! You don’t have permission to view this…
Image via Flickr by pdbg Trader Joes positions itself as an offbeat grocer that’s (somewhat) locally-minded, but rumors about the company’s less than honest practices have been surfacing as of late. These days, consumers want to know where their food is coming from – whether it’s farm to table or a change in the label….
Image via Flickr by Annette Bernhardt Fast food workers around the nation are lobbying for an increased minimum wage. They are proposing $15 per hour because that’s what it takes to support the cost of living in many of the larger cities around the world. Los Angeles, St. Louis, and New York are leading the…
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