Small Trucking Company Faces Financial Strain After Costly Tow on Georgia's I-75
A small trucking company, Elshaddai Truckers and Logistics, found themselves staring at a hefty bill for a tow job when one of their box trucks gave out on the busy southbound stretch of I-75 in Henry County, Georgia.
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.
Industries Experiencing the Highest Levels of Work-Related Stress
A recent survey conducted by Vivian Health reveals that work-related stress remains prevalent, with nearly half of the respondents reporting job stress
Paris Summit Gains Momentum: 22 Countries Back Carbon Tax for Ships
More than 20 countries, including France, Spain, Norway, and Portugal, expressed support for a carbon tax on greenhouse gas emissions from the international shipping industry during a global finance summit in Paris.
Corporate reports reveal extensive reliance on supply chain financing
U.S. corporate bankruptcies are on the rise in 2023, reaching their highest level since 2010.
Details of supply chain finance programs are now being provided by companies in the United States
Following a new rule by the Financial Accounting Standards Board (FASB) that requires U.S. companies to disclose details about their supply chain finance programs, organizations have begun sharing information regarding their financing practices.
Trucking looking at crypto and decentralized finance models to streamline industry payments
According to Allied Market Research, the 2021 global freight trucking market was worth over $2.7 trillion.
Vendors now have more opportunities for supply chain financing
The corporate supply chain finance market grew globally to a whopping $1.8 trillion in 2021 - a 38% increase from 2020.