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Image via Flickr by Robert Sheie Specialty Retail Group (SRG) is a menswear retailer based in the UK, which serves both the UK and Ireland with menswear. The company primarily specializes in suits, which account for half their annual revenues. They operate 80 stores, employing 600 workers, as well as a headquarters and warehouse, which…
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 jurvetson It will still be a decade or more before driverless trucks and other vehicles are commonplace in the shipping industry, but Otto just made an important step towards this reality. The Uber subsidiary made the first revenue-generating shipment by driverless truck on October 20, 2016.Oops! You don’t have permission to view…
Image via Flickr by jdnx The clock is ticking on negotiations that could shut down 15 US ports, an outcome that will have a serious impact on Florida’s economy as well as the nation’s. The contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) will expire on December 29. If…
Image via Flickr by seier + seier Though the consumer market has been slow to embrace green products and sustainable practices, industrial companies are moving toward sustainability more quickly, especially in sales to business to business (B2B) products and processes. The glass, chemical, and paint manufacturer PPG, based in Pittsburg, PA, illustrates this point perfectly….