HIGH TECH / HIGH TOUCH
The world is rapidly evolving, and as a result, every industry is experiencing a surge in new and innovative technologies. While the fundamental principles of trucking and logistics, such as transporting items from point A to point B, may remain unchanged, the industry is not impervious to transformation.
This is where we consolidate the most up-to-date information on advancements in electric vehicles, artificial intelligence, cab technology, fuel technology, transportation management systems (TMS), blockchain, customer and vendor outreach, company culture, and marketing approaches.
Electric vehicles are undoubtedly the way of the future. For many years, forward-thinking companies have been investing considerable resources and effort into making this environmentally friendly mode of transportation a viable and practical option. Now, the transportation industry as a whole is finally beginning to embrace and seriously consider the widespread adoption of electric vehicles.
Below, we have thoughtfully compiled some of the latest and most relevant articles on the subject, providing our valuable insights and analysis. We believe that staying updated and informed is crucial in today's dynamic business landscape, and our aim is to equip you with the most pertinent information to make well-informed decisions.
A few years back, Hertz took a bold step by purchasing 30,000 Teslas, aiming to electrify 20% of its rental fleet.
Tesla Inc. is making headlines again, this time for rehiring members of its Supercharging team, including key manager Max de Zegher, following a surprising round of layoffs initiated by CEO Elon Musk last month.
Two years ago, California lawmakers quietly passed a complex energy bill that transformed how residents are billed for electricity.
South Korea has welcomed the U.S. decision to extend electric vehicle tax credits for cars containing Chinese graphite until 2026.
Porsche is ramping up its sustainability efforts in logistics by rolling out six new electric trucks across its Zuffenhausen, Weissach, and Leipzig facilities.
The U.S. Treasury Department recently updated the rules for electric vehicle (EV) tax credits under the 2022 Inflation Reduction Act, stirring up a bit of a storm.
The National Highway Traffic Safety Administration (NHTSA) recently wrapped up an extensive probe into Tesla’s Autopilot system that started back in 2021.
Hertz's recent earnings report reveals a continued financial strain due to its ambitious shift towards electric vehicles.
As the U.S. pushes harder towards electric vehicles (EVs), several experts are pumping the brakes, voicing concerns over numerous challenges that could impede this transition.
In 2023, the average monthly electricity bill for U.S. homes nudged up by 2% to $138, which was actually less dramatic compared to the overall inflation rate of 4.1%.
On Friday, TSMC's shares in Taipei took a significant hit, dropping by 6.7% following their first-quarter earnings report.
The Biden administration has committed up to $6.4 billion to help Samsung Electronics set up a major computer chip manufacturing hub in Texas.
Taiwan Semiconductor Manufacturing Company (TSMC) is making a significant move by bringing its most advanced technology to America, aligning with U.S. President Joe Biden’s goals for a secure tech supply chain.
Taiwan Semiconductor Manufacturing Co. (TSMC), a global leader in semiconductor fabrication, is set to receive a significant boost in the U.S. with up to $6.6 billion in funding from the U.S. government.
A massive 7.2-magnitude earthquake rocked Taiwan's eastern coast last Wednesday, causing not only tragic loss of life but also significant ripples in the semiconductor industry.
Taiwan's biggest quake since 1999 could jolt the semiconductor supply chain across Asia.
The Biden administration just rolled out a regulation that’s all about boosting the sales of electric or zero-emission heavy vehicles, like school buses and cement mixers.
President Biden has announced America's strictest vehicle exhaust emissions regulations yet, aiming to push the auto industry towards all-electric cars.
Energy giant Shell is shifting gears, planning to sell off some of its gas stations to make room for more electric vehicle charging stations.
In the past year, over a million fully electric cars, trucks, and SUVs were sold in the U.S., marking a record in the country's shift away from gas-powered vehicles.
Apple has called it quits on its ambitious Apple car project, known internally as 'Project Titan', reallocating its 2000-strong workforce.
The US Department of Energy (DOE) is investing $30 million to bolster the electric vehicle battery supply chain in the country.
The EV market is experiencing some shifts: Tesla, Ford, and General Motors are adjusting strategies.
Rivian Automotive Inc. saw its shares bounce back slightly on Monday after a tough week marked by disappointing earnings.
Starting a new automaker is no easy feat, and it's been a rarity in the last four decades. It's not just about designing a car but also establishing the necessary infrastructure.
Arrival, the UK startup once hailed as an EV trailblazer with its micro-factories producing delivery vans for companies like Uber and UPS, is now in dire straits
Three major medium- and heavy-duty truck manufacturers - Daimler Truck North America (DTNA), Navistar Inc., and Volvo Group North America - have teamed up to create Powering America’s Commercial Transportation (PACT), an initiative aimed at advancing electric truck infrastructure.
Artificial Intelligence has become seamlessly integrated into our daily lives, residing in our pockets, homes, and cars, and permeating various facets of our existence. Given its omnipresence, it seems only natural for it to play a pivotal role in the intricate workings of the supply chain.
Below, we have thoughtfully compiled some of the latest and most relevant articles on the subject, providing our valuable insights and analysis. We believe that staying updated and informed is crucial in today's dynamic business landscape, and our aim is to equip you with the most pertinent information to make well-informed decisions.
Texas is setting the stage to possibly become the first hotspot for mainstream driverless trucks, thanks to initiatives by companies like Waabi and Aurora Innovation.
Oracle announced on Thursday its plans to integrate generative artificial intelligence (AI) features into its corporate software suite, heightening competition with rivals like Microsoft in selling AI technology to businesses.
Apple has called it quits on its ambitious Apple car project, known internally as 'Project Titan', reallocating its 2000-strong workforce.
United Airlines now offers Touchless ID technology for TSA PreCheck members at Chicago's O'Hare and Los Angeles international airports, simplifying the security process.
Apple has decided to pump the brakes on its electric car project, a move that could positively impact its stock performance, according to a report by Morgan Stanley.
General Motors Co.'s autonomous driving unit, Cruise, is gearing up to restart robotaxi testing in the next few weeks, eyeing potential locations like Houston and Dallas.
Recogni Inc., an AI startup specializing in technology for self-driving cars, recently secured $102 million in funding.
Intuitive Machines, a Texas-based aerospace company, kicked off its maiden moon mission dubbed IM-1, potentially marking the first U.S. lunar landing in over 50 years.
Soon, soldiers could rely on advanced technology like artificial intelligence to predict when and how to deliver supplies to troops spread across vast areas.
A third-party investigation into General Motors' Cruise autonomous vehicle unit has revealed a web of culture issues, ineptitude, and leadership problems, which have been central to the company's regulatory troubles since October.
The FTC is investigating Big Tech's investments in cloud services for smaller AI companies like OpenAI and Anthropic.
Walmart has unveiled its largest drone delivery expansion plan, covering 1.8 million households in the Dallas-Fort Worth area.
Elon Musk is not too thrilled about a recent report that indirectly hinted at one of his beloved robots being involved in an incident at Tesla's Austin, Texas factory two years back
General Motors is suing San Francisco, alleging that the city improperly overcharged the company by more than $100 million in taxes over seven years, based on calculations that included its self-driving car subsidiary, Cruise.
Apple is gearing up to mass ship its Vision Pro mixed-reality headset in the first week of January, with plans to launch it in Apple Stores in late January or early February, according to analyst Ming-Chi Kuo.
Tesla addressed a 2-million-vehicle Autopilot "recall" by releasing software version 2023.44.30 as a free over-the-air update to affected vehicles, enhancing safety alerts.
Cruise, the robotaxi company, has announced the layoff of 900 employees following the firing of nine executives amid the fallout from an October incident involving a pedestrian.
General Motors (GM) has fired nine executives at its autonomous vehicle subsidiary, Cruise, following a pedestrian accident in San Francisco.
In the aftermath of Sam Altman's brief ousting from OpenAI, new insights into his leadership style have emerged.
France, Germany, and Italy have opposed the EU's draft AI legislation, particularly regulations concerning "foundation models" that underpin large AI language models.
The European Space Agency (ESA) is launching a competition to develop a robotic cargo capsule for missions to the International Space Station (ISS).
Over the weekend, nearly 400 different GROK tokens were released by anonymous developers, inspired by Grok, an AI chatbot service by social application X.
Elon Musk and Jensen Huang, two prominent figures in the tech industry, have differing views on the impact of artificial intelligence (AI) on jobs.
Former President Barack Obama advised the White House on its strategy for addressing artificial intelligence (AI) over the past five months, collaborating with tech companies and engaging in Zoom meetings with top Biden administration aides.
A new bill in response to the White House's executive order on AI has been introduced, aiming to provide Congress with input on the federal government's implementation of AI systems.
The United States and China, along with 27 other countries and the EU, have signed the Bletchley Park Declaration on AI during a two-day AI Safety Summit held in the UK.
President Biden has issued an executive order aimed at addressing concerns over the safety, security, and trustworthiness of AI technology.
Cruise, the autonomous vehicle operator, has decided to temporarily halt its fleet of driverless cars across the United States, citing a need to reassess its operations and build public trust.
The California Department of Motor Vehicles (DMV) has revoked Cruise's license to operate autonomous vehicles in San Francisco due to concerns about safety and transparency.
The White House has designated 31 technology hubs to enhance American competitiveness in the tech sector.
The integration of cutting-edge interior design, state-of-the-art technology, and advanced manufacturing processes has ushered in a revolutionary era, redefining the landscape of modern cab designs tailored to meet the evolving needs and aspirations of contemporary truckers.
Below, we have thoughtfully compiled some of the latest and most relevant articles on the subject, providing our valuable insights and analysis. We believe that staying updated and informed is crucial in today's dynamic business landscape, and our aim is to equip you with the most pertinent information to make well-informed decisions.
Nikola made waves with its hydrogen fuel cell electric semi trucks hitting North America, and Biagi Bros. Logistics showcased their new Nikolas on social media shortly after.
Pittsburgh-based Aurora Innovation aims to revolutionize the trucking industry with self-driving technology.
Alphabet Inc.'s Waymo, the autonomous driving company backed by Google, has decided to shift its focus to its ride-hailing service and delay the expansion of Waymo Via, its autonomous commercial trucking arm.
The U.S. National Highway Traffic Safety Administration's (NHTSA) proposal for side underride guards on newly built large trucks has led to opposing views from prominent industry bodies.
The development and implementation of autonomous vehicles (AVs) have raised questions about their safety and reliability.
The long-awaited era of flying cars may become a reality by 2025 as Tavistock Development Company plans to launch its first flying car service in central Florida.
The concept of Universal Identification Devices (UID) for trucks, proposed by the Federal Motor Carrier Safety Administration (FMCSA) in response to a petition from the Commercial Vehicle Safety Alliance (CVSA), raises numerous questions.
Major truck manufacturers have made a commitment to cease the sale of new gas-powered vehicles in California by the mid-2030s.
In this article, the author strongly opposes driver-facing cameras (DFCs) in trucks, arguing that they are an invasion of privacy.
Volvo Trucks North America is partnering with the University of Minnesota to conduct extreme weather testing on its VNR Electric model.
A report by Breakthrough, a transportation management technology provider, reveals that consumer demand for sustainable products is driving shippers and carriers to adopt more eco-conscious practices.
CALSTART, a clean transportation consortium based in Pasadena, California, has launched the Cal Fleet Advisor (CFA) program to assist trucking fleets in transitioning to zero-emission vehicles.
Third-party Capacity-as-a-Service startup, Loadsmith, is making a bold move in the logistics industry by ordering a whopping 800 autonomous trucks from Kodiak Robotics.
Navistar, in collaboration with the U.S. Department of Energy, has announced the successful outcomes of the International SuperTruck II project.
A massive search effort is currently underway in the remote North Atlantic to locate the missing Titan submersible, which carried five individuals.
Negotiators for UPS and the International Brotherhood of Teamsters (IBT) have reached an agreement to improve working conditions for UPS drivers.
The concept of Trucks-as-a-Service (TaaS) is gaining attention as a model that aims to facilitate the transition to electric trucks for fleet operators.
A new bill proposes a mandatory inclusion of AM radio in all new cars, with a requirement for disclosure if a vehicle lacks AM radio functionality.
Recently, the NHTSA has proposed the installation of underride guards on trailers to prevent passenger cars from sliding underneath them during accidents, which can cause severe injuries.
Shell's Starship big rig is a concept truck that was developed as a collaboration between Shell Lubricants and the AirFlow Truck Company.
A new study suggests that safety violations are adding to the long list of things increasing insurance costs for trucking companies.
The country’s motor carriers and independent truckers have not been shy about their opinion on the potential of a federally-mandated unique electronic identifier placed in large trucks.
Glasgow-based Hydrogen Vehicle Systems (HVS) has unveiled its new clean-sheet-designed hydrogen commercial vehicle, a 40-ton zero-emission HGV (Heavy Goods Vehicle).
There are many questions being posed for automakers rallying around zero-emissions vehicles.
The National Highway Traffic Safety Administration (NHTSA) approved the operation of autonomous vehicle technology created by the Swedish freight tech company Einride.
Trucks create ample airflow behind them as they billow down the highway, and manufacturers are working on perfecting the sleekest and most effective design for Class 8 tractor-trailers.
The industry is trending towards lithium-ion batteries being the answer to an all-electric fleet.
Notoriously a headache to consistently repair and replace, tires are a huge expenditure for trucking companies, small and large.
Toyota is spending $383 million on their US production of 4-cylinder combustion engines.
Regular old diesel, once the go-to choice, isn't always on the menu these days. The rapidly advancing fuel technology landscape is witnessing new methods and scientific breakthroughs every year. This encourages fleets to embrace more efficient and productive practices, contributing to the continuous evolution of the industry.
Below, we have thoughtfully compiled some of the latest and most relevant articles on the subject, providing our valuable insights and analysis. We believe that staying updated and informed is crucial in today's dynamic business landscape, and our aim is to equip you with the most pertinent information to make well-informed decisions.
Some have suggested that covering the Sahara Desert with solar panels could harness its abundant sunlight and provide a vast, sustainable energy source.
Imagine it's 2024 and the U.S. is on the brink of a modern-day gold rush, but this time, it's all about a new, clean energy source buried right beneath us—geologic hydrogen.
A significant project in Morocco aimed at revolutionizing renewable energy has hit a major roadblock.
In the Netherlands, a new European Hyperloop Center has just opened, featuring a quarter-mile long white steel tube that might revolutionize how we travel and transport goods.
The world of sustainable energy is buzzing with excitement about a new water-powered engine, especially in the context of transitioning away from conventional energy sources.
Several states in the U.S., including California, Maryland, Massachusetts, New Jersey, New York, Oregon, Washington, and Rhode Island, plan to ban the sale of new gas-powered cars by 2035.
in a recent development, BlackRock, the world's largest asset manager, is challenging Texas' move to pull out about $8.5 billion from the Texas Permanent School Fund (PSF), alleging it's a boycott against energy companies.
Nikola Corporation (Nasdaq: NKLA) recently opened its first HYLA high-pressure modular refueling station in Southern California, marking a significant step in zero-emissions transportation.
In the vast salt deserts of western India, a colossal energy project is underway, transforming barren landscapes into a renewable energy powerhouse.
Energy giant Shell is shifting gears, planning to sell off some of its gas stations to make room for more electric vehicle charging stations.
Danish investors in DSV are pressing the logistics giant regarding environmental, social, and governance aspects of its $10 billion joint venture in Saudi Arabia, supporting the Neom mega-city project.
A recent nationwide analysis by USA TODAY uncovers a concerning trend that could hinder the United States' clean energy objectives: local governments are outpacing the construction of new utility-scale wind and solar power by imposing bans on such projects.
Honda has unveiled its latest hydrogen fuel cell-powered vehicle, the 2025 Honda CR-V e:FCEV, signaling the company's commitment to utilizing hydrogen as a vehicle fuel source.
In Keyser, West Virginia, Sheila Wagoner, like many, isn't fond of the new wind farm dominating the skyline.
Nikola made waves with its hydrogen fuel cell electric semi trucks hitting North America, and Biagi Bros. Logistics showcased their new Nikolas on social media shortly after.
Hydrogen - the lightest element - is being touted as a promising clean fuel for the future, particularly in the automotive industry.
In September 2022, Hawaii shut down its sole coal power plant as part of its goal to achieve entirely clean electricity by 2045.
Investor groups are urging EU countries to support a proposed law, the Corporate Sustainability Due Diligence Directive, which would hold large companies accountable for environmental and human rights violations in their supply chains.
Ammonia has emerged as a potential marine fuel in the quest for decarbonization, but a study from Chalmers University of Technology in Sweden reveals that this alternative may create new environmental challenges.
Central Asia is making strides in combating climate change with the construction of its first green hydrogen-wind plant in Uzbekistan.
The Biden administration has hit the pause button on a critical decision regarding the approval of the largest natural gas export terminal in the United States.
In a legal move, a federal judge is being urged to issue a halt on construction for a $10 billion transmission line that is intended to carry wind-generated electricity from a remote area in southeastern Arizona to customers as distant as California.
IMC, the leading US container transportation company, has placed an order for 50 Nikola fuel-cell trucks to replace its battery-electric vehicles following unsatisfactory results from two years of testing.
On New Year's Day, the Port of Virginia achieved a significant milestone by becoming the first U.S. East Coast seaport to operate entirely on 100% clean power, accomplishing its goal well ahead of the planned 2032 timeline.
Nikola Corp. recently took its hydrogen fuel cell electric truck for a spin at CES 2024, and we got a firsthand look at what this regional hauler can do.
Developers of the proposed offshore wind farm near Long Beach, Long Island, announced the termination of the Empire Wind 2 project due to economic challenges - including inflation, increased interest rates, and supply chain disruptions.
There is a new company on the block called Airloom Energy, a wind energy startup supported by Bill Gates.
2023 is likely to become the hottest year on record, with a more than 99% chance of surpassing the previous record holder, 2016, according to climate scientists.
TMS, which stands for “Transportation Management System”, is a crucial component for companies in the transportation logistics industry. Whether developed in-house or obtained from a third-party provider, these systems play a pivotal role in ensuring the smooth and efficient functioning of transportation operations.
Below, we have thoughtfully compiled some of the latest and most relevant articles on the subject, providing our valuable insights and analysis. We believe that staying updated and informed is crucial in today's dynamic business landscape, and our aim is to equip you with the most pertinent information to make well-informed decisions.
Amazon Web Services Mexico (AWS), a branch of Amazon.com Inc., plans to invest over $5 billion in constructing a series of data centers in Mexico, catering to the rising demand for cloud services amid technological advancements.
Flexport has launched The Convoy Platform, a technology solution aimed at providing small carriers with access to freight while offering real-time competitive rates, shipment visibility, and on-time performance to shippers and brokers.
C.H. Robinson, a third-party logistics provider, is stepping up its game by going digital with electronic bills of lading (eBOLs).
Ryder System, a leading logistics and transportation giant based in Miami, has established an innovation laboratory in Silicon Valley with a focus on transforming transportation and supply chain networks and preparing for the upcoming wave of AI technologies.
Pierfrancesco Manenti, Gartner vice president analyst, highlights the concept of "commercial innovation" in supply chain management, referring to the efficiencies that can be achieved for both providers and customers.
Op-ed authors Olivia Letts and Jerry McGinn suggest that the US defense industry should consider implementing second sourcing as a solution to supply chain limitations and enhance resilience.
Puma has pledged to source all its leather from verified deforestation-free supply chains by 2030, or even earlier, as part of its commitment to enhance transparency in its leather supply chain.
Following the MOVEit ransomware cyberattack, a cybersecurity expert highlights the significant threat posed by supply chain cyberattacks, which have the potential to force organizations out of business.
The reliance on third-party providers poses significant cyber risks for organizations, with a majority (57%) experiencing breaches or attacks through these relationships.
The Port of Nagoya, Japan's largest maritime port, fell victim to a ransomware attack allegedly carried out by a Russian cybercriminal group, causing significant disruptions to cargo operations.
The rise of online ticket booking revolutionized the way people purchase flights, offering transparency and convenience.
The disruptions and rising freight costs experienced in recent times have prompted businesses to seek aggressive cost-saving measures.
Supply chain control towers are increasingly recognized as crucial tools in addressing the challenges faced by organizations, particularly in terms of visibility and decision-making.
Technology plays a vital role in the supply chain, empowering and improving processes in the movement and storage of goods.
Digitalization has brought about transformative changes in logistics and the supply chain, revolutionizing global operations.
Sumit Dutta, a supply chain expert from EY, believes that to achieve a true "end-to-end" supply chain, businesses need to design their supply chain from the start, considering factors such as sourcing, shipping destinations, and customer service.
Beyond technology and processes, there is ample room for innovation in supply chain management and logistics through business model transformation.
Transportation management systems (TMS) have become crucial investments for shippers, but selecting the right one can be challenging.
The concept of the Internet of Things (IoT) has evolved significantly since its inception, moving beyond tracking larger items to encompassing smaller units as well.
Chipotle Mexican Grill is expanding its use of radio-frequency identification (RFID) technology to track ingredients from suppliers to restaurants in real time.
Manhattan Associates, a supply chain technology vendor, has introduced new capabilities for its cloud-based omnichannel software platforms, targeting retailers, manufacturers, and distributors.
According to a report by PitchBook, venture capital (VC) investment in the supply chain technology sector experienced a significant decline in Q1 2023, plummeting by 45.3% compared to Q4 2022.
Analytics play a vital role in supply chain management by providing valuable insights into different aspects of the supply chain, including demand forecasting, inventory management, transportation and logistics optimization, supplier management, and risk management.
A recent study has revealed that over a fifth of companies fail to conduct security checks before entering into a contract with a third-party supplier.
In addition to its core business, Ascend is now using immersive technology systems to train new truck drivers.
Cybersecurity is an increasingly important issue in the supply chain, as companies are increasingly reliant on digital systems to manage their operations.
The Bluegrass State’s economy relies heavily on manufacturing, accounting for nearly 12.5% of its entire workforce.
The Biden Administration announced its plans to expand the minimum cybersecurity requirements for critical industries with the goals of prevention - before cyberattacks can even begin.
Dole, the company famous for its delicious and sweet pineapples, has announced that it had to pause production in North America after ransomware attacked its company systems.
The world of Blockchain may seem complex and daunting at first glance - and understandably so, as it entails a vast and intricate system that may appear challenging to comprehend initially. In essence, Blockchain revolves around the amalgamation of data organized in distinct "blocks," each securely linked to the next. If you require a more comprehensive explanation, I'd be delighted to delve further into this captivating subject.
Below, we have thoughtfully compiled some of the latest and most relevant articles on the subject, providing our valuable insights and analysis. We believe that staying updated and informed is crucial in today's dynamic business landscape, and our aim is to equip you with the most pertinent information to make well-informed decisions.
Robert Mitchnick, BlackRock's digital assets lead, suggests that Bitcoin behaves more like digital gold than a high-risk investment, contrary to popular belief.
Changpeng Zhao, founder of Binance, the world's largest cryptocurrency exchange, has pleaded guilty to failing to maintain an effective anti-money laundering (AML) program.
Over the weekend, nearly 400 different GROK tokens were released by anonymous developers, inspired by Grok, an AI chatbot service by social application X.
The Crypto Fear & Greed Index, a measure of investor sentiment in the cryptocurrency market, has reached its highest level since November 2021 at 70.6.
Oceanworks, a global marketplace for recycled plastic, leverages blockchain technology to verify the origin of products and track them through the supply chain.
The recent crash of the crypto market hasn't dampened the potential of blockchain technology, which continues to hold promise as a solution to various problems.
Blockchain technology has the potential to transform supply chain operations by providing a secure, decentralized, and transparent platform for recording and tracking transactions.
Blockchain technology had taken off, and the supply chain looked for new ways to implement it into business applications outside of cryptocurrency.
According to Allied Market Research, the 2021 global freight trucking market was worth over $2.7 trillion.
Bitcoin mining infrastructure provider Foundry Digital LLC announced a new logistics branch to further enable transparent and efficient monitoring of shipments.
Cryptocurrency is an encrypted digital or virtual currency currently making the rounds with investors everywhere.
These strings of code are stored on a blockchain and establish specific ownership of a digital asset sold to the buyer.
With fake sneakers, makeup, and pharmaceuticals cloggings the retail waves, the blockchain swoops in an offers a solution.
Hoping to get ahead of the game in on the trend, trucking carrier Woody Bogler Trucking is diving head first into the metaverse.
If there’s one foundational element that your business absolutely requires to thrive and grow, it's a strong, enduring relationship with both customers and vendors. Without these essential connections, the very existence of your business is at stake. Building and nurturing these relationships is paramount to the success and sustainability of your enterprise.
Below, we have thoughtfully compiled some of the latest and most relevant articles on the subject, providing our valuable insights and analysis. We believe that staying updated and informed is crucial in today's dynamic business landscape, and our aim is to equip you with the most pertinent information to make well-informed decisions.
McDonald’s is launching a $5 Meal Deal in the U.S. to attract customers amid rising inflation.
Walmart’s recent success, driven by higher-income shoppers, might not last.
Say goodbye to free soda refills at McDonald's, a move that's stirring up more than just the ice in customers' cups.
McDonald's is reportedly gearing up to introduce a $5 meal deal, aiming to attract customers who felt priced out by recent hikes.
This shift comes as fast food joints across California, like McDonald's, Chick-fil-A, and Pizza Hut, have bumped their prices by about 10% since last September.
Costco, the membership-only warehouse chain, has significantly expanded across the U.S., boasting over 600 locations.c
In April, U.S. consumer sentiment took a sharper downturn than expected, hitting 77.9 from March's 79.4, reflecting growing concerns over inflation which continues to influence the economic outlook.
Chick-fil-A's recent announcement about a shift in their chicken policy might surprise some fans.
The US Justice Department and multiple states are suing Apple, accusing it of monopolizing the smartphone market.
The United States has slipped to its lowest-ever ranking in the annual World Happiness Report, dropping eight spots to 23rd place.
In the not-so-distant future, your ideal burger munching time might not align with your growling stomach.
McDonald’s faced a hiccup in its system on Friday, causing some customers worldwide to hit a snag when trying to place their orders.
The Biden administration just dropped a new rule that's gonna make late fees on credit cards way cheaper.
A recent viral social media post sparked a lively discussion about the prices at Five Guys, a popular burger chain in America.
Public transport services in Germany came to a halt as strikes organized by the Verdi union over working hours swept across 14 states, including Berlin.
Walmart's CEO, Doug McMillon, recently unveiled sweeping changes in customer shopping experiences during a fourth-quarter earnings call with investors.
AT&T recently faced backlash for a service outage that left some customers disconnected for up to 12 hours.
FedEx is set to launch a new "data-driven commerce platform" called fdx in the fall, offering comprehensive e-commerce solutions for online merchants.
Walmart has unveiled its largest drone delivery expansion plan, covering 1.8 million households in the Dallas-Fort Worth area.
A Reuters report highlights Tesla's alleged negligence in addressing known defects in its vehicles, including suspension and steering systems, and making customers pay for repairs.
Tesla addressed a 2-million-vehicle Autopilot "recall" by releasing software version 2023.44.30 as a free over-the-air update to affected vehicles, enhancing safety alerts.
Republican leaders in Congress are investigating the Department of Energy's $3 billion award to Sunnova Energy Corporation, a solar company accused of exploiting vulnerable customers with deceptive sales practices.
Americans' confidence in the US economy has declined, with the preliminary reading on consumer sentiment for November hitting its lowest level since May at 60.4, below economists' expectations of 63.7.
McDonald's has revealed that it is gaining middle- and higher-income customers who are trading down to its menu while simultaneously losing lower-income diners due to high inflation.
Toyota is recalling approximately 751,000 Highlander and Highlander Hybrid vehicles due to an issue with the mounting tabs on their bumpers that could lead to parts detaching, potentially causing accidents.
United Airlines is implementing a new boarding procedure, known as WILMA (window-middle-aisle), starting from October 26.
Rite Aid, a debt-laden U.S. pharmacy chain, has filed for bankruptcy protection and plans to close underperforming stores, sell its pharmacy benefit subsidiary Elixir, and address lawsuits related to the sale of addictive opioid medications.
Former Walmart U.S. CEO Bill Simon has highlighted that ongoing inflation and various economic pressures are impacting retailers' ability to offer bargains, leading American consumers to be more cautious with their spending.
Consumer confidence in fully automated self-driving vehicles has declined for a second year, with the readiness index score dropping to 37 out of 100, according to J.D. Power's 2023 U.S. Mobility Confidence Index (MCI) Study.
Target is closing nine stores in California, Oregon, New York, and Washington due to increasing thefts and organized retail crime that have put the safety of employees and customers at risk.
When it comes to company culture, it's essential to cultivate an environment that fosters a sense of belonging and purpose among employees. What impression do you aim for your team to have when they reflect on their workplace? Emphasizing values such as collaboration, innovation, and inclusivity can shape their perception and engagement within the organization.
Below, we have thoughtfully compiled some of the latest and most relevant articles on the subject, providing our valuable insights and analysis. We believe that staying updated and informed is crucial in today's dynamic business landscape, and our aim is to equip you with the most pertinent information to make well-informed decisions.
Amazon’s recent decision to bring employees back to the office five days a week, starting next year, has stirred strong reactions among staff.
Over 700 flights have been canceled and 500 delayed across the U.S. following a major IT outage that started on Friday.
The COVID-19 pandemic has pushed companies to prioritize work-life balance, leading to happier, more productive employees.
The Department of Labor just ordered three cross-border logistics companies in San Diego to shell out $840,000 in back wages and fines to warehouse and transportation workers.
In 2024, Gen Z workers are set to outnumber baby boomers in the U.S. labor force for the first time.
Spirit AeroSystems is laying off 400-450 hourly production workers in Wichita due to high inventory levels.
McDonald’s is launching a $5 Meal Deal in the U.S. to attract customers amid rising inflation.
A former AT&T executive, Paul La Schiazza, is slated for trial in September 2024 over allegations of bribing an ally of the then-Illinois House Speaker, Michael Madigan, to secure legislation beneficial to AT&T.
In response to pushback from conservative activists, Target has decided to limit the in-store availability of its Pride Month Collection to roughly half of its 2,000 stores.
Taiwan Semiconductor Manufacturing Company (TSMC), a titan in the chipmaking industry and the largest company in Taiwan, is facing serious backlash over its treatment of workers at its new plants in Arizona.
When Florentino Escobar, a Starbucks barista from Memphis, learned that his case had reached the U.S. Supreme Court, he was stunned.
United Parcel Service (UPS) has reported a better-than-expected quarterly profit, navigating through softer package delivery demand with strategic cost reductions and focusing on high-margin sectors.
The Nordstrom family is looking into the possibility of taking their department store private, with a special committee set up to review potential bids.
A recent Gallup poll highlights something intriguing about Gen Z's happiness: it's closely tied to feeling a sense of purpose at work and school.
So, Nikola Corp, the electric-vehicle maker, is in a bit of a legal tussle with EMBR.
Mississippi's Secretary of State, Michael Watson, has recently put the trillion-dollar asset manager BlackRock in the hot seat.
Boeing made a sudden move on Monday, shaking up its leadership amidst a significant safety crisis.
Peter Penseel, a veteran in air logistics, has stepped down as deputy CEO of CMA CGM Air Cargo, leaving the airline without an experienced air freight specialist.
The union representing nearly 9,300 workers at Canada’s top two rail companies is signaling a potential work stoppage due to stalled negotiations over working conditions and wage hikes.
Amazon, along with SpaceX and Trader Joe's, is challenging the constitutionality of the National Labor Relations Board (NLRB) in legal filings.
In January, Boeing saw a decline in aircraft orders and deliveries following a midflight incident involving a fuselage panel on one of its 737 Max 9s.
UPS is scaling back package sorting shifts and reducing staff at facilities in Connecticut, Maryland, and Oregon due to decreased demand for package delivery.
In the ever-evolving world of supply chain management - Elliott Rodgers, EVP and COO at Foot Locker - emphasizes four crucial skills to ensure organizational success: comfort with uncertainty, global awareness, effective communication, and strong leadership.
Over 100,000 passengers are in for a bumpy ride due to a strike by Deutsche Lufthansa AG ground personnel.
In a recent interview, the chair of the pilots' union at Air Transport International (ATI), a key air carrier in Amazon's delivery network, expressed frustration over delayed contract negotiations.
Flexport, the supply chain logistics firm, is undergoing its third round of layoffs in about a year, reducing its workforce by approximately 15% as part of cost-cutting measures to achieve profitability.
Boeing's CEO, Dave Calhoun, has pledged to reward employees who report problems in the company's production processes.
UPS is set to cut 12,000 jobs in a cost-saving move aimed at reducing expenses by $1 billion.
JetBlue Airways faced a loss in the fourth quarter and anticipates reduced capacity in the coming year as it strives to regain profitability.
Stellantis has made a significant announcement about the separation of 539 supplemental employees from its U.S. manufacturing operations, a move that has sparked concerns, especially from United Auto Workers (UAW) President Shawn Fain.
Marketing is all about getting the word out and making sure that the target audience is reached effectively. This involves a diverse range of strategies, from traditional methods like billboards and commercials to more contemporary avenues such as social media, influencer partnerships, and podcasting. Embracing these newer platforms allows businesses to connect with potential customers in innovative and engaging ways, ensuring that their message is heard amidst the ever-growing noise of modern advertising.
Below, we have thoughtfully compiled some of the latest and most relevant articles on the subject, providing our valuable insights and analysis. We believe that staying updated and informed is crucial in today's dynamic business landscape, and our aim is to equip you with the most pertinent information to make well-informed decisions.
Elon Musk’s X is suing a major advertiser group, alleging antitrust violations for a supposed “boycott” of the platform.
On a busy soundstage, the cast and crew are relying on a small blue ball to work its magic.
McDonald's is reportedly gearing up to introduce a $5 meal deal, aiming to attract customers who felt priced out by recent hikes.
In response to pushback from conservative activists, Target has decided to limit the in-store availability of its Pride Month Collection to roughly half of its 2,000 stores.
TikTok has filed a lawsuit challenging a new federal law that could force its Chinese parent company, ByteDance, to sell the app or face a ban in the U.S.
President Biden has signed legislation that could lead to a nationwide TikTok ban, sparking concern among the platform's vast community.
President Joe Biden recently signed a $95 billion national security package that includes a provision potentially banning TikTok, but with a critical timeline extension.
Diana Wiebe, like many of us, found herself deep in the world of social media during the pandemic, getting swayed by influencers on Instagram and TikTok to buy all sorts of products, especially skincare.
Airbus's CFO, Thomas Toepfer, in a chat with CNBC, expressed concern about the troubles hitting their U.S. competitor, Boeing, and how it's bad for the whole aviation industry.
The U.S. recreational vehicle scene is typically dominated by massive, boxy models hailing from Elkhart, Indiana.
Thousands of TikTok users are rallying to prevent a potential ban on the app, which faces pressure from legislation forcing its parent company, ByteDance, to divest or risk being removed from U.S. app stores.
Former President Donald Trump expressed concerns about the proposed ban on Chinese-owned social media app TikTok in the United States during an interview on CNBC's "Squawk Box" on Monday.
Jack Latham embarked on a unique mission to capture the inner workings of "click farms" in Vietnam, where businesses artificially inflate online engagement to manipulate algorithms and perceptions.
Burger King cleverly responded to Wendy’s plan for “dynamic pricing” with a twist. Wendy’s initially announced a strategy similar to Uber's surge pricing, raising prices based on demand.
Macy’s announced plans to shutter 150 stores over three years and 50 by the end of 2024 following a fourth-quarter loss and declining sales.
The US Supreme Court is tackling two crucial cases that could reshape social media's landscape.
Walmart has announced its acquisition of TV maker Vizio for $2.3 billion in cash, aiming to bolster its profitable advertising business.
In January, Boeing saw a decline in aircraft orders and deliveries following a midflight incident involving a fuselage panel on one of its 737 Max 9s.
FreightWaves, known for providing global intelligence to the supply chain industry, is making a strategic shift by divesting its media business to concentrate solely on its high-frequency global intelligence data service, SONAR.
In the ever-evolving landscape of marketing, defining branded content has been a challenge, primarily due to the industry's constant changes.
Elon Musk is not too thrilled about a recent report that indirectly hinted at one of his beloved robots being involved in an incident at Tesla's Austin, Texas factory two years back
Social media platform X, formerly known as Twitter, experienced a global outage affecting over 77,000 U.S. users at its peak.
Tesla addressed a 2-million-vehicle Autopilot "recall" by releasing software version 2023.44.30 as a free over-the-air update to affected vehicles, enhancing safety alerts.
A federal judge in Montana has temporarily blocked a state law that would have banned TikTok starting on January 1, 2024.
Small businesses can experience a sudden surge in demand when they go viral on social media platforms like TikTok.
In the court of public opinion, crisis communication plays a vital role in public relations, with reputation protection being paramount due to its potential financial implications.
The plastic bottle problem is a global concern, with 1 million plastic bottles being purchased every minute.
The logistics industry is undergoing significant transformations in the digital age.
TikTok is reportedly working with third-party logistics (3PL) fulfillment service providers to build its own logistics network.
Bud Light aims to reverse it’s declining sales by launching a new marketing campaign designed to overcome adversity.
Elon Musk has recently spoken out against US government tariffs on Chinese electric vehicles, calling them “not good” and market-distorting.