Just as consumers are clamoring for the latest and greatest in industries such as technology, automobiles, home appliances, and electronics, they are also looking for newer and more interesting things to eat. In order to predict what’s going to be hot (and what’s not) for this year, the National Restaurant Association conducted a survey of…
LG, the South Korean manufacturer who took the consumer home appliance and electronics market by storm, is planning to announce that they are scaling down their production of personal computers heading into 2014. Part of the reason for the decision comes from the low market shares LG holds in the PC market. The other reason is the…
For years, the U.S. military has operated drone aircraft in countries such as Afghanistan and Pakistan for the purpose of seeking out and eliminating terrorists in these countries. As of now, operating unmanned aircraft on U.S. soil is prohibited except under strict circumstances, primarily because these craft could potentially crash any of the 70,000 manned…
The spot freight market, freight that needs to be delivered but falls outside a regular contract, is showing strong signs of growth as the year 2013 draws to a close. Though the overall numbers were down slightly from the month of October, November had fewer work days. If the growth is adjusted for the same…
The Baltic Dry Index keeps track of the costs of overseas shipping of bulk dry goods. A rising index indicates growth in the market, as prices go up when demand is high. Conversely, a lowering index means overseas shipping trade is down. This quarter looks to be the best gain in the overseas shipping industry…
Beijing based CEO Wang Jing has made the Nicaraguan government a proposal that could bring intense competition to traffic along the Panama Canal, as well as drastically change the landscape of the South American country. The plan involves Jing’s company building a $40 to $50 billion canal from the Atlantic coast to the Pacific coast…
In the latest of a long line of astounding announcements, Amazon has unveiled its latest intent: to begin chipping away at the market shares of bulk stores like Sam’s Club and Costco by targeting consumers of bulk items known as “center isle items.” This includes items such as toilet paper, paper towels, and dog food,…
In an attempt to make the supply chains for those bidding on certain projects with the Department of Defense more secure, the Department has issued a new rule. The rule, howeverm, makes it completely unclear what bidders are expected to do, and if a bidder is found to be lacking in regards to supply chain security, they…
As the world’s three largest shipping companies proceed with their plans for an operative alliance as if they had already received regulatory approval (though they have not), the existing G6 alliance is gearing up their operations in preparation to compete with the newly grouped competitors. The big three, known as P3, are moving ahead with…
Hiring for the month of November was strong, according to the Labor Department’s Friday announcement. Businesses added 203,000 new jobs total, and unemployment rates are down to about 7 percent. Many of these jobs were in manufacturing, logistics, and warehouses. But analysts aren’t yet convinced that these new jobs are enough evidence of a strengthening…