Gallup poll results say half the country feels financially crippled
The worst poll results since 2009, most Americans are feeling “worse off” now than they were last year - an even greater number, 61%, of those who make less than $40,000 are financially stressed.
Global 3PL market is forecasting 2023 revenue of over $2.3 trillion
This is a huge jump from 2022’s valued market of 1.1 trillion. The estimations are being drawn from India-based analytics and advisory company, Astute Analytica.
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.
Prepare yourselves, air travelers: United Airlines predicts rough skies ahead
CEO Scott Kirby is speculating that many airlines won’t be able to manage the number of flights on their rosters this year.
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.
Gas prices will be difficult to predict in 2023
The past twelve months have consisted of all-time highs and wild variating fluctuations as sanctions on Russian oil sent prices of crude through the roof early in the year.
2023 “trucking recession” is a real possibility after stark 2022 peak season
Peak season is typically a time of stress and profit for the trucking industry.
The inflation measures to watch for over the next 12 months
First off, what is “inflation” anyway? Economic inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.
Trucking equipment issues expected to extend into 2023
Some of the largest players in the game such as Schneider National and J.B. Hunt voiced concerns regarding the 2023 market forecast at the Stephens Annual Investment Conference last week.
ACT Research releases forecasts including a 2023 recession
ACT Research released its Commercial Vehicle Dealer Digest to forecast economic scenarios including a recession as we enter 2023.