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Trucking Operational Costs Reach Record High in 2022, Affecting Carriers' Financial Stability
Leases & Loans, Money Matters Jennifer Joslyn 7/14/23 Leases & Loans, Money Matters Jennifer Joslyn 7/14/23

Trucking Operational Costs Reach Record High in 2022, Affecting Carriers' Financial Stability

According to the American Transportation Research Institute (ATRI), running a trucking business has become more expensive due to rising fuel, wage, and equipment costs.

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Remarkable Surge: EV Sales Skyrocket by 55% in 2022
Sales, Money Matters, Electric Vehicles, High Tech / High Touch Jennifer Joslyn 5/16/23 Sales, Money Matters, Electric Vehicles, High Tech / High Touch Jennifer Joslyn 5/16/23

Remarkable Surge: EV Sales Skyrocket by 55% in 2022

While the United States experienced a remarkable over 50% increase, China leads the global market with nearly 60% growth in EV sales, retaining its position as the largest EV market worldwide.

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Maersk expects a 2.5% drop in container shipping volume this year
Sales, Money Matters, Trade & Border Issues, Hot Spots Jennifer Joslyn 2/9/23 Sales, Money Matters, Trade & Border Issues, Hot Spots Jennifer Joslyn 2/9/23

Maersk expects a 2.5% drop in container shipping volume this year

CEO Vincent Clerc has cited “muted” economic growth as a reason for the decline, especially after exceptionally high freight rates have been normalized over the past two years.

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Denmark-based shipping giant A.P. Moeller-Maersk reports record profits in 2022
Sales, Money Matters Jennifer Joslyn 2/8/23 Sales, Money Matters Jennifer Joslyn 2/8/23

Denmark-based shipping giant A.P. Moeller-Maersk reports record profits in 2022

With full-year revenue skyrocketing to $81.5 billion - a 32% increase from 2021’s $61.8 billion mark - the company is celebrating… cautiously

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Intermodal freight experienced a difficult year in 2022
Sales, Money Matters Jennifer Joslyn 2/4/23 Sales, Money Matters Jennifer Joslyn 2/4/23

Intermodal freight experienced a difficult year in 2022

In order to increase total intermodal volume, Intermodal freight should focus on ensuring a sufficient number of containers and chassis are readily available at intermodal terminals to meet customer demand.

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Automation is the biggest supply chain trend of 2023 after inventory bulk of 2022
Artificial Intelligence, High Tech / High Touch Jennifer Joslyn 12/30/22 Artificial Intelligence, High Tech / High Touch Jennifer Joslyn 12/30/22

Automation is the biggest supply chain trend of 2023 after inventory bulk of 2022

Automation can be used to improve various aspects of warehouse operations, including order picking, packing, and shipping.

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