Food Industry Bounces Back After Years of Disruptions
The food industry has experienced significant disruptions in recent years, including Brexit, COVID-19, conflicts, weather events, animal diseases, and inflation, leading to a global increase in food prices.
Rough road ahead for the CEO of C.H. Robinson
Dave Bozeman, the new CEO of C.H. Robinson, is expected to leverage his extensive knowledge in global supply chain and logistics management to lead the company.
Federal Reserve Keeps Interest Rates Unchanged, Temporarily Halting Rate-Hiking Strategy
The Federal Reserve announced a pause in its rate-hiking campaign, acknowledging the need to wait for the effects to permeate the economy but indicating that more rate hikes are likely this year.
Amid a cost-of-living crisis, there is a need to re-evaluate convenience food options
As consumers face the impact of rising prices and a cost-of-living crisis, there is a growing need to re-evaluate convenience food options.
US Consumer Prices Show Signs of Steady Decline as Inflation Cools
Consumer prices in the United States rose only 0.1% from April to May, indicating a continued easing of inflation.
The fluctuating prices in the tire market have led tire dealers to make strategic adjustments
The fluctuating prices in the tire market have led tire dealers to make strategic adjustments.
Divided Perspectives: Uncertainty Plagues the US Trucking Market
Experts are divided on the state of the US trucking market, with some suggesting it's the right time to secure contracts while others anticipate more favorable deals in the future.
Understanding the Factors Behind Rising Business Prices
The reasons behind the ongoing global inflation crisis remain a topic of debate among economists.
Parcel consultants predict significant rate increases in 2024
Parcel consultants anticipate significant rate increases of 6% to 10% in base rates and accessorials charges for 2024.
White House Celebrates Progress in Supply Chain Recovery
The White House is touting the improved state of supply chains and their impact on inflation.
Survey Reveals Concerns Among Supply Chain Professionals Regarding Increasing Operating Costs
Supply chain professionals are facing significant challenges, including fuel costs, inflation, and delays outside their control, according to a report by DispatchTrack.
The Impact of Inflation and Rising Interest Rates on Car Purchases in the US
As the Federal Reserve tackles inflation by increasing interest rates, many Americans face limitations when affording new or used vehicles.
Outrage ignited by viral video exposing predatory towing charging $6,000 for 16-mile tow
A viral video has sparked outrage over predatory towing practices after a small fleet owner and an Instagram page admin were presented with a $6,000 bill for a 16-mile tow and impound.
Walmart Partners with Suppliers to Reduce Prices
While supply chain disruptions have eased, inflation continues to persist.
Federal Reserve's Closely Tracked Inflation Measure Rises in April
A key measure of US prices, closely monitored by the Federal Reserve, showed an increase in April, indicating persistent inflationary pressures in the economy.
Anticipate Large Gatherings and Increased Prices for the Upcoming Summer Travel Season
As the summer travel season commences, travelers and airlines are looking for ways to navigate increased costs and high demand.
Bankruptcy filings are surging
The number of bankruptcies among U.S. companies has been rising, reaching levels higher than any year since 2010.
Economists Predict Prolonged High Inflation Throughout the Year
Despite the Federal Reserve's best efforts to curb inflation, recent assessments indicate that their progress has fallen short of initial expectations.
The Global Economic Implications of US Debt Burden
The escalating debt crisis in the United States is raising concerns about an impending recession that could have far-reaching consequences, not only for the US but for the global economy as a whole.
Federal Authorities Seek Solutions Amidst Inflation Surge
Since March 2022, there has been a streak of 10 consecutive interest rate hikes.